All posts tagged "headline"
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House of the Week: A beautiful 5-bedroom house in Lugbe, Abuja
This week, our featured house is a 5 bedroom house located at Lugbe, Abuja. This house has 5 bedrooms, 5 bathrooms and 3 lounges . The interior features POP ceilings, chandeliers, vitrified floor/wall tiles and other fittings....
- Posted February 13, 2015
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PwCAudit: NNPC to remit $1.48bn after reconciliation with DPR
The Nigerian National Petroleum Corporation (NNPC) yesterday said it would remit an outstanding $1.48 billion balance of signature bonus from divested assets to its exploration and production arm, the Nigeria Petroleum Development Company (NPDC) as soon as...
- Posted February 13, 2015
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Ajumogobia identifies challenges in Nigeria’s oil and gas sector
A former Minister of Petroleum Resources, Mr. Odein Ajumogobia has identified the challenges facing the Nigeria’s oil and gas sector, saying that the industry has witnessed dwindling fortunes, especially since 2004, when oil industry workers and facilities...
- Posted February 13, 2015
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Further devaluation of naira inevitable – Rewane
Renowned financial expert and Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has predicted that the naira will be further devalued. He, however, stated that the additional round of devaluation of the national currency, which is...
- Posted February 13, 2015
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NAICOM aligns with global regulatory changes
The National Insurance Commission (NAICOM) has said it has commenced actions to address identified gaps in Nigerian insurance industry in critical areas such as solvency framework, accounting and auditing practices. Others are viability of insurance companies, enforcement...
- Posted February 13, 2015
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Experts highlight importance of PR to non-oil sector
The Nigerian Institute of Public Relations (NIPR) has described the practice of public relations as a veritable tool to promote the country’s non-oil sector. The Institute stated this at its Annual General Meeting (AGM) held at the...
- Posted February 13, 2015
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Power supply drops to 2,869MW
Power supply from the national grid to households and businesses in the country slumped to 2,869.84 megawatts on Tuesday, exactly a month after it fell to 2,502.39MW. Power generation tumbled to 2,936.83MW on February 10, while peak...
- Posted February 13, 2015
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Nigerian engineers to repair refineries for N99bn – NNPC
The Nigerian National Petroleum Corporation on Wednesday said it had engaged the services of in-house engineers to rehabilitate the country’s three ailing refineries at a cost of $550m (N99bn), down from the $1.6bn (N288bn) presented to it...
- Posted February 13, 2015
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FEC approves eight bills for transport sector
The Federal Executive Council presided over by President Goodluck Jonathan on Wednesday approved eight new bills for the nation’s transport sector. The council also ratified the National Policy on Staple Crops’ Processing Zones and the National Agency...
- Posted February 13, 2015
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CIBN, Accion MfB collaborate for growth
The Chartered Institute of Bankers of Nigeria and Accion Microfinance Bank will collaborate to boost capacity building and enhance growth in the MfB sub-sector and the economy in general, the President and Chairman of Council, CIBN, Mrs....
- Posted February 13, 2015