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All posts tagged "headline"

  • Sanusi: FG to question CBN external auditors

    Based on the queries raised by the Financial Reporting Council of Nigeria on the Central Bank of Nigeria’s audited financial statements for 2012, the council will summon the bank’s external auditors to provide further clarification, sources familiar...

    • Posted March 9, 2014
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  • Domestic airlines lose N20b annually to poor airfiled lighting

    Nigerian domestic carriers lose over N20 billion annually to poor, inadequate or non-existent air field lighting at some Nigerian airports. The losses are incurred by the inability of the airlines to operate to some airports in the...

    • Posted March 8, 2014
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  • FG imposes 2% tax on phones, computers, others

    The Federal Government has concluded arrangements to impose a two per cent tax on the values of mobile phones, computers, software, cameras, photocopiers, printing machines and CD players manufactured in the country or imported. The order for...

    • Posted March 8, 2014
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  • 2014 Budget: FG to spend N268bn on SURE-P

    As other ministries, departments and agencies (MDAs) groan under inadequate funding in the 2014 budget, the federal government has disclosed that it will spend not less than N268 billion on the Subsidy Reinvestment and Empowerment Programme (SURE-P)....

    • Posted March 8, 2014
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  • Exporters decry absence of functional trade zones

    Nigerian exporters have blamed the under investment of exportable products on the absence of functional trade zones for non-oil products in the country. The exporters said in Abuja that pricing, loading and evacuation of export-bound goods should...

    • Posted March 8, 2014
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  • CPC meets telecoms firms’ CEOs over poor services

    The Consumer Protection Council met with the chief executive officers of telecommunications companies operating in the country on Thursday over complaints of poor services by consumers. Those summoned to the meeting by the council included the CEOs...

    • Posted March 8, 2014
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  • Power: FG secures N54.5bn for bulk trader

    The Federal Government has secured additional $350m (N54.5bn) for the Nigerian Electricity Bulk Trading Plc in a bid to boost the organisation’s power purchase abilities. According to the government, the fund is in addition to the allocation...

    • Posted March 8, 2014
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  • Dana Air gets new flight operations director

    Dana Air has appointed Mr Francois Bouteiller as its Director of Flight Operations. A statement signed by the airline’s Chief Operating Officer, Mr Yvan Drewinsky, said that the appointment was aimed at raising Dana Air’s level of...

    • Posted March 8, 2014
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  • FG to generate $5.7bn from 10 power plants – BPE

    The Federal Government will generate more than $5 billion from the sale of 10 National Integrated Power Plants, an official said. The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, made the disclosure at a news conference on...

    • Posted March 8, 2014
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  • NNPC blames fuel scarcity on pipeline breaches

    The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, yesterday attributed the current fuel scarcity in the country to the disruptions in the pipeline network leading to its depots. Yakubu who made this claim...

    • Posted March 7, 2014
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