All posts tagged "headline"
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Transcorp Hilton honoured at World Travel Awards
Transcorp Hilton Abuja has for the second consecutive year won the prestigious awards of Nigeria’s Leading Hotel 2014 and Nigeria’s Leading MICE (Meetings, Incentives, Conferences and Events) Hotel 2014 awarded by the World Travel Awards. The recognition...
- Posted November 9, 2014
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Moghalu exits Central Bank of Nigeria
Deputy Governor of the Central Bank of Nigeria, Kingsley Chiedu Moghalu has announced that he was leaving the bank for higher endeavours after completion of a five year term. Moghalu in a statement said he was in...
- Posted November 9, 2014
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We saved $191.6bn from sugar importation – FG
The Federal Government on Friday said that the sum of $191.6bn had been saved in the last three years through the implementation of its sugar policy. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, stated...
- Posted November 9, 2014
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10 banks to finance Lekki Port project
Ten financial institutions are to finance the Lekki Deep Sea port project. which is expected to begin operations in 2018. The project has been estimated to cost about $1bn. The Chief Financial Officer, Tolaram Group, Mr. Sandeep...
- Posted November 9, 2014
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Nigeria needs more refineries – OPEC
As demand for refined petroleum products is expected to increase in Africa, a new report by the Organisation of the Petroleum Exporting Countries says a relatively high level of product imports emphasise the need for new refining...
- Posted November 9, 2014
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Domestic carriers lose N60bn revenue to limited operations
Nigerian airlines are denied over N60 billion revenue every year because they were restricted from operating to about 15 airports after 6:00 PM. These 15 airports, located at different parts of the country do not have the...
- Posted November 9, 2014
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43,000 tonnes of petrol arrive Lagos
The Nigerian Ports Authority (NPA) on Thursday said four ships with 143,000 tonnes of petrol were waiting to berth at Lagos ports. NPA, in its daily publication, ‘Shipping Position’, reported that four other ships had diesel, aviation...
- Posted November 8, 2014
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Foreign airlines sold N231bn in tickets in 2013 – NCAA
The Nigerian Civil Aviation Authority (NCAA) has disclosed that foreign airlines sold N231 billion tickets, while domestic carriers sold N73 billion in 2013. This was disclosed by the Director-General of the regulatory body, Captain Usman Mukhtar, at...
- Posted November 8, 2014
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CBN restricts dollar sale to save naira
The Central Bank of Nigeria has stopped the sale of dollars to some categories of importers at its twice-weekly regulated foreign exchange market in order to save the naira from falling. The move is meant to also...
- Posted November 8, 2014
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Solid minerals producing states to enjoy 13% derivation
States endowed with solid minerals will soon join their Niger Delta counterparts to enjoy 13 per cent revenue allocation from the federation revenues. The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam,...
- Posted November 8, 2014