All posts tagged "headline"

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  42 firms shortlisted for 10 NIPPS power plants

  FORTY-TWO firms have been shortlisted for the financial bids opening of the 10 power plants built under the National Integration Power Projects by the Niger Delta Power Holding Company of Limited. Governor Gabriel Suswam of Benue State...

  • Posted March 1, 2014
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  CBN restates plan to extend cashless policy nationwide

  The Central Bank of Nigeria (CBN) Acting Governor, Dr. Sarah Alade, Wednesday said the bankers’ committee will not rescind on the plan to extend the cashless policy to other states in the country from July 1. She...

  • Posted February 28, 2014
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  CBN will devalue naira in 18 months – Report

  The Central Bank of Nigeria will devalue the naira within the next 18 months, a new report by the Nigeria-based Financial Derivatives Company Limited has indicated. The Managing Director, FDC, Mr. Bismarck Rewane, in the latest edition...

  • Posted February 28, 2014
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  Ecobank Nigeria to invest $5bn annual in power sector

  Ecobank Nigeria has projected power sector funding of at least $5 billion p.a. over the next five years starting from 2014. This according to the bank is in line with its policy to support the growth and...

  • Posted February 28, 2014
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  SON boss vows to do more for economy

  Dr. Joseph Odumodu, the Director General of Standards Organisation of Nigeria has vowed to do more for the economy by making the country free of substandard products. This was his reaction to the conferment of ‘Public Servant...

  • Posted February 28, 2014
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  Account for daily oil production – Banu tells NNPC

  The Kwara State Commissioner for Finance, Mr. Demola Banu, has urged the Nigerian National Petroleum Corporation to give an accurate account of the nation’s daily oil production. Banu, in an interview with our correspondent in Ilorin on...

  • Posted February 28, 2014
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  Fuel scarcity spreads, NUPENG blames NNPC, IOCs, others

  The scarcity of petrol spread to more cities across the country on Wednesday with queues of desperate motorists becoming lengthier in the few filling stations that had the product to sell. Although the situation improved slightly from...

  • Posted February 28, 2014
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  Nigeria loses 95,000bpd as Shell shuts Nembe pipeline

  Nigeria’s oil production has dropped by at least 95,000 barrels per day as the Royal Dutch Shell said on Wednesday it had closed the Nembe Creek Trunk oil pipeline to stop leakage caused by oil theft. The...

  • Posted February 28, 2014
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  $2.9tn needed to build infrastructure – NESG

  The Chairman, Nigeria Economic Summit Group, Mr. Foluso Philips, has said that the country needs a total of $2.9tn to close its infrastructure gap. He said this during the investiture of Dr. Temilola Kehinde as the 15th...

  • Posted February 28, 2014
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  Acting CBN Governor unveils new security policy on electronic fraud

  The Acting Governor of the Central Bank of Nigeria(CBN), Dr. Sarah Alade has unveiled new security policies to protect bank customers and the business community against electronic fraud. According to the Acting CBN Governor, the new strategy...

  • Posted February 27, 2014
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