All posts tagged "headline"
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$14bn initiative: US, Nigeria collaborate on infrastructure financing
Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge to Africa for an effective financing structure for infrastructure in the country. The Minister of Industry, Trade and Investment,...
- Posted August 12, 2014
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FG dares aviation unions on agencies’ merger
The Federal Government is bent on implementing the Steve Oronsaye committee report, which proposed the merger of some aviation agencies. This information was contained in a letter from the Office of the Secretary to the Government of...
- Posted August 12, 2014
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Four rail lines will be completed this year – FG
At least four major rail lines across the country will be completed this year, the Federal Government has said. According to the government, the branch line from Kafanchan to Kaduna is expected to be completed this month,...
- Posted August 12, 2014
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NDPHC revokes distribution jobs of three defaulting NIPP contractors
Following reports of exhaustive meetings and deadline threats in attempts to arrest the slow pace of executing electricity distribution contracts awarded to companies by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Projects...
- Posted August 12, 2014
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NERC seeks firm commitment from gas producers with $2.50/mcf revised price
The Nigerian Electricity Regulatory Commission (NERC) has said that it expects gas producers in Nigeria to improve their supply of gas to thermal power plants in the country following its recent approval of a revised price regime...
- Posted August 11, 2014
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Post-incorporation obligations: CAC tightens noose on defaulting firms
Last week, the Corporate Affairs Commission (CAC) began the enforcement of the provisions of the Companies and Allied Matters Act, (CAMA) on post-incorporation obligations of registered companies, reports Festus Akanbi One cheering news from the World Economic...
- Posted August 11, 2014
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FMBN gives N100.5bn for housing projects
The Federal Mortgage Bank of Nigeria has disbursed a sum of N100.5bn for building projects under the National Housing Fund, according to a document obtained from the bank. The NHF is a Federal Government scheme in which...
- Posted August 11, 2014
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Seaport operators jittery over Ebola
Fears of a possible spread of the dreaded Ebola virus through the nation’s seaports may have gripped the operators and other stakeholders as they insist on the authorities providing enduring sanitary and strict security measures at the...
- Posted August 11, 2014
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ABCON: 2,500 BDCs scale hurdle
After the storm over the new registration modalities introduced by the Central Bank of Nigeria for participation in the foreign exchange activities last month, President, Association of Bureau de Change Operators in Nigeria, Aminu Gwadabe, said 2,500...
- Posted August 11, 2014
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SMEs now playing big role in oil and gas sector – Nwapka
Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Ernest Nwapa, shared his views on opening up the oil and gas sector for Nigerian SMEs participation and the role of the Nigerian Content Development and...
- Posted August 11, 2014