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All posts tagged "headline"

  • FG raises N300bn for Lagos-Ibadan road, second Niger bridge

    The Federal Government is mobilising about N300bn from private investors under Public Private Partnership for the construction and rehabilitation of three major roads in Nigeria. According to the government, construction work on one of the projects has...

    • Posted January 22, 2014
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  • EU import from Nigeria hits 33bn Euros

    Nigeria in 2012 recorded a trade surplus of 33 billion Euros with the European Union, EU, in overall trade volume of 44.4 billion Euros. Similarly, out-going Chinese ambassador to Nigeria, Deng Boqing, said weekend that the trade...

    • Posted January 21, 2014
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  • Performance of manufacturing sector defies fiscal incentives

    The performance of the manufacturing sector of the economy has defied the various fiscal incentives introduced by the Federal Government to boost the sector. In spite of these incentives, the average contribution of the sector to the...

    • Posted January 21, 2014
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  • Taxation: Lagos government captures additional 1.1 million adults

    Lagos State government said 1.1 million additional adults have been captured into the state’s tax net, increasing the number of tax payers to 4.2 million. It will be recalled that the state government, last year, said that...

    • Posted January 21, 2014
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  • FG saves N26bn from bridging claims

    The Federal Government, through its Petroleum Equalisation Fund, saved a total of N26bn in 2013 after it stopped the illegal payment of bridging claims to fraudulent petroleum marketers. PEF is an agency under the Federal Ministry of...

    • Posted January 21, 2014
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  • Odu’a GMD announces resignation

    The Group Managing Director, Odu’a Investment Company Limited, Mr. Adebayo Jimoh, has announced his resignation after nine years as the head of the conglomerate. Jimoh, who did not give any reason for his action, said the resignation...

    • Posted January 21, 2014
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  • Tejuosho market: Court affirms Access Bank’s appointee

    A Federal High Court in Lagos on Monday affirmed the appointee of Access Bank Plc, Mr. Kunle Ogunba (SAN),  as manager of the property of Tejuosho Ultramordern Market Phase 1, Yaba, Lagos, pending when the proceeds from...

    • Posted January 21, 2014
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  • Nigeria targeting fair share of world cocoa market – Aikpokpodion

    Team Leader of Cocoa Value Chain Development of the Federal Ministry of Agriculture and Rural Development, Dr. Peter Aikpokpodion, is optimistic that Nigeria is on its way to reclaiming the economic prowess of cocoa, which sustained its...

    • Posted January 20, 2014
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  • We never approved Bi-Courtney terminal design — FAAN

    Federal Airports Authority of Nigeria ,FAAN, has denied approving the designs of Domestic Terminal 2 of the Murtala Muhammed Airport, Lagos, currently operated by Bi-Courtney Aviation Services under concession agreement. Bi-Courtney Aviation Services was quoted as saying...

    • Posted January 20, 2014
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  • Egbin power plant loses 480MW to gas shortage

    Gas shortage has continued to plaque the privatised power sector as the country’s largest power plant, Egbin Power Plc, has lost 480 megawatts of power to its inadequate supply. The power plant has an installed capacity of...

    • Posted January 20, 2014
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