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All posts tagged "headline"

  • Importers demand implementation of $190 duty on imported rice

    Key rice distributors, importers and other relevant stakeholders in Nigeria have urged the Federal Government to quickly implement the 2013 benchmark of $190 per metric ton duty on imported rice. The stakeholders under the aegis of Rice...

    • Posted March 7, 2014
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  • Fuel scarcity: DPR sanctions 57 marketers

    Fifty-seven filling stations found to be hoarding and diverting petroleum products in the Federal Capital Territory have been sanctioned by the Department of Petroleum Resources. According to the department, the disappearance of queues in the Abuja area...

    • Posted March 7, 2014
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  • BEDC frustrating disengaged PHCN staff – NUEE, SSAEAC

    MEMBERS of National Union of Electricity Employees, NUEE and Senior Staff Association of Electricity and Allied Companies, SSAEAC, have accused the Management of Benin Electricity Distribution Company, BEDC, of frustrating disengaged staff of Power Holding Company of...

    • Posted March 7, 2014
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  • PenCom denies looting of funds by junior employees

    NATIONAL Pension Commission, PenCom, has denied media report that some of its junior employees were involved in the alleged looting of pension fund, stating that no official of PenCom was involved in any form of looting of...

    • Posted March 7, 2014
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  • Patronise local meter manufacturers – Lawmaker urges Discos

    A member of the House of Representatives’ Committee on Power, Mrs. Abike Dabiri-Erewa, has urged the new managements of all electricity distribution companies to patronise local meter manufacturers in the spirit of the local content initiative. She...

    • Posted March 7, 2014
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  • Power supply: FG to take $170m French loan

    The Federal Executive Council on Wednesday ratified an anticipatory approval given by President Goodluck Jonathan to the Ministry of Finance to borrow $170m from the French Development Agency. The loan is meant to beef up power infrastructure...

    • Posted March 7, 2014
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  • More aviation officials to lose jobs

    Following the sacking of the heads of some aviation agencies by President Goodluck Jonathan on Tuesday, there are indications that more people in the sector will lose their jobs. Our correspondent, who visited the Lagos offices of...

    • Posted March 7, 2014
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  • Nigeria wasted $600bn oil revenue in 13 years – Ezekwesili

    Former Vice President of the World Bank, Dr. Obiageli Ezekwesili, has said despite earning more than $600 billion in oil revenues in the last 13 years, government has been unable to improve the lot of the ordinary...

    • Posted March 7, 2014
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  • OneCard collaborates with Lekki Concession Company

    OneCard Nigeria, a fast moving consumer goods (FMCG) company that provides top up solutions on multiple platforms has announced the execution of a service agreement with Lekki Concession Company (LCC). By the agreement, motorists registered with LCC’s...

    • Posted March 7, 2014
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  • NSE: Thursday trading closes on bearish note

    Activities on the Nigerian Stock Exchange (NSE) closed lower on Thursday as transactions dropped both in value and volume terms. The value of shares traded dropped by 21.64 per cent, whiles the volume of shares declined by...

    • Posted March 6, 2014
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