All posts tagged "headline"

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  NERC proposes sanctions for breach of industry rules

  The Nigerian Electricity Regulatory Commission (NERC), Thursday rolled out a number of strict administrative sanctions, which were contained in the draft electricity industry (enforcement) regulations and with which it expects to deploy in ensuring compliance to operational...

  • Posted February 16, 2014
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  Nigerians lament as kerosene price soars

  Despite claims by the Federal Government that the price of kerosene has been subsidized, the masses cannot get the product at the subsidised price. Saturday Vanguard sought the views of  Nigerians, as they bare their minds on...

  • Posted February 16, 2014
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  Jonathan inaugurates N2.4bn Aviation Village, NHF E-card Scheme

  President Goodluck Jonathan Thursday inaugurated the  N2.4 billion mass housing of 270 flats named Aviation Village in Abuja, and financed by the Federal Mortgage Bank of Nigeria (FMBN). At the occasion, the president restated the determination of...

  • Posted February 16, 2014
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  Excess crude account now $2.1bn

  The Excess Crude Account (ECA), which was created to provide succour in rainy days for the federation, now  has only about $2.1 billion in its kitty. The depletion of the ECA from about $11 billion in December...

  • Posted February 16, 2014
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  First Bank partners Hong Kong on business opportunities

  First Bank of Nigeria Limited has gone into collaboration with the government of Hong Kong in a bid to help harness business opportunities in China and other Asian countries through Invest Hong Kong (InvestHK). Speaking in Lagos...

  • Posted February 15, 2014
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  NB offers N34.03b dividend for 2013

  Breweries’ major, Nigerian Breweries, on Thursday submitted its 2013 full year audited financial statement to through the Nigerian Stock Exchange (NSE), the high point of which was an offer of N34.032 billion as dividend, translating to N4.50...

  • Posted February 15, 2014
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  Jonathan seeks NMRC, FMBN partnership for affordable housing

  President Goodluck Jonathan, on Thursday in Abuja restated the critical importance of housing to the economy of any country, has said. The President who made the declaration Thursday at the official commissioning of the Federal Mortgage Bank of...

  • Posted February 15, 2014
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  Oil, gas producing communities give firm seven days ultimatum

  HOST Communities of Nigeria Producing Oil and Gas, Edo State, have given a seven-day ultimatum to Zakhem Construction Nigeria Limited, handling the laying of  gas pipelines from Oben to Kogi State, within which to respond to their...

  • Posted February 15, 2014
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  CBN targets world model central bank by 2015

  The Central Bank of  Nigeria (CBN) has said that its vision is to be a model for central bank around the world by 2015. The Governor of CBN, Mr. Lamido Sanusi, who disclosed this at the Udo...

  • Posted February 15, 2014
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  FG to build two power transmission stations in Ebonyi

  The Federal Government said it would build two transmission stations in Abakaliki to enhance power delivery in the area. The General Manager (Transmission), Enugu Transmission Region, Mr Geoffrey Nwokoye, made this known when he paid a courtesy...

  • Posted February 15, 2014
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