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All posts tagged "headline"

  • Gas price, electricity tariff may increase – FG

    The price of gas to power plants in Nigeria may be increased in the nearest future and this may lead to a total review of electricity tariffs across the country, the federal government has said. It said...

    • Posted May 17, 2014
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  • Monthly revenue declines as FG, States, LGs share N634.7bn in April

    Production hiccups including shut ins at the qua Iboe and Yoho Terminals as well as the shut down of Forcados and Bonny Terminals have lowered gross crude oil revenue receipts to about N584.15 billion in April compared...

    • Posted May 17, 2014
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  • FG issues N70bn bonds amid strong demand

    The Federal Government has issued a three-year and a 10-year bond to domestic pension and offshore funds, raising N70bn ($431m) at yields lower than at its previous auction in April, the Debt Management Office said on Thursday....

    • Posted May 17, 2014
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  • 65% of registered tax payers failed to file returns in two years – FG

    About 65 per cent of eligible tax payers have failed to file their returns to the relevant tax authorities in the past two years, according to the Coordinating Minister for the Economy and Minister of Finance, Dr....

    • Posted May 17, 2014
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  • Shell lifts force majeure on crude exports from Forcados Terminal

    Exactly seven weeks after it declared force majeure in the export of crude oil from the Forcados terminal, the Shell Petroleum Development Company (SPDC) joint venture yesterday lifted the force majeure. The federal government and the International...

    • Posted May 17, 2014
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  • Expose tax evaders – Dangote advises FIRS

    In order to boost revenue, the President, Dangote Group, Alhaji Aliko Dangote, has called on the Federal Inland Revenue Service to expose tax evaders by making public their identities, and at the same time appreciate companies and...

    • Posted May 17, 2014
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  • Made-in-Nigeria vehicles to roll out next month – FG

    The Federal Government on Thursday announced plans for the massive roll out of made-in Nigeria vehicles from next month. The Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom, stated this when a delegation from...

    • Posted May 17, 2014
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  • Oil theft: Government records N30bn drop in revenue

    The Federation Accounts Allocation Committee on Thursday said the country recorded N30.20bn drop in gross revenue as it recorded N584.15bn in April from N614.35bn in March. The Accountant-General of the Federation, Mr. Jonah Otunla, revealed this while...

    • Posted May 17, 2014
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  • Elumelu Foundation inaugurates Africapitalism Institute

    The Chairman of Heirs Holdings and founder of The Tony Elumelu Foundation, Mr. Tony Elumelu, has inaugurated the Africapitalism Institute at the World Economic Forum in Abuja. According to a statement by the foundation, Africapitalism is the...

    • Posted May 17, 2014
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  • Bi-Courtney to upgrade operational equipment at MMA2

    The Chief Executive Officer of Bi- Courtney Aviation Services Limited, Mr. Christophe Pennick, yesterday said the company would invest over N500 million on the upgrade of operational equipment in 2014. Speaking to journalists at the Domestic Wing...

    • Posted May 17, 2014
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