All posts tagged "headline"

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  Nigeria loses $5bn as Forcados pipeline remains shut

  The pipeline that ships Nigeria’s Forcados crude oil for export is yet to restart after it was shut down on February 15, 2016 due to militant attack, Daily Trust findings show. The Nigerian National Petroleum Corporation (NNPC),...

  • Posted February 17, 2017
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  Business registration to suffer as CAC staff down tools over welfare

  The registration of new businesses will suffer setback as staff of the Corporate Affairs Commission (CAC) shut down the commission over the inability of the management to reach an agreement with them on welfare and revenue generation...

  • Posted February 17, 2017
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  Success of Eurobond is proof the economy is recovering – FG

  The federal government has said that the massive demand for its $1 billion Eurobond, which was oversubscribed by 780 per cent, was a demonstration of the strong market appetite for Nigeria and indicative of the confidence by...

  • Posted February 16, 2017
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  Trade Fair: Kaduna Chamber, Dangote partner to bolster economy

  Kaduna Chamber of Commerce Industry Mines and Agriculture (KADCCIMA) has commended Dangote Group for its sustained partnership and sponsorship, especially for this year’s trade fair. A statement from Dangote Group said the trade fair will offer the...

  • Posted February 16, 2017
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  Lagos targets 3000mw of electricity – Ambode

  Lagos State Governor, Akinwunmi Ambode on Wednesday said the state plans to generate up to 3000 Mega Watts of electricity under its embedded power programme which would be deployed to various power plants in strategic locations within...

  • Posted February 16, 2017
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  Naira’s black market fall a “major concern” to CBN – BDCs’ chief

  Nigeria’s naira hit a fresh low on the black market on Wednesday and the head of its bureau de change association urged his members to help stabilise the currency, whose continued weakness had become a “major concern”...

  • Posted February 16, 2017
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  Nigeria’s January inflation seen to remain flat

  The Financial Derivatives Company Limited (FDC) has estimated a relatively flat movement in the January headline inflation rate to 18.6 per cent, from 18.55 per cent recorded in December. The National Bureau of Statistics is expected to...

  • Posted February 15, 2017
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  OPEC members pump less oil in January

  The Organisation of Petroleum Exporting Countries (OPEC) members more than fulfilled their plan to lower oil output in January, a report published by the group of major producers yesterday has said. The OPEC members decided in November...

  • Posted February 15, 2017
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  DisCos fail to settle N243bn GenCos’ debts

  The 11 electricity Distribution Companies (DisCos) operating in Nigeria have not settled a debt of N243bn for power supplied by 25 Generating Companies (GenCos) as at the end of 2016. Latest data released by the National Bureau...

  • Posted February 15, 2017
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  NNPC to import more petrol

  The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase the February supply of petrol by six additional cargoes to the existing national sufficiency of over 32 days and import three additional diesel cargoes before the...

  • Posted February 15, 2017
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