All posts tagged "headline"
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Nigeria overstates crude production in 2014 budget – Report
Global rating agency, Standard & Poor’s, S&P, yesterday, raised concerns that Nigeria’s crude oil production forecast of 2.39 million barrels a day in the 2014 budget, was over-estimated. This, according to the rating agency, was due to...
- Posted January 17, 2014
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Unilever Nigeria appoints Yaw Nsarkoh as Managing Director
Unilever Nigeria Plc has announced the appointment Mr. Yaw Nsarkoh as its Managing Director effective 1st January 2014. Until this appointment, he served as Managing Director, Unilever East and Sothern Africa, based in Kenya. According to a statement...
- Posted January 17, 2014
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Why FG shelved privatisation of refineries — Maku
The Federal Government suspended the proposed sale the nation’s four refineries in order to ensure the stability of the political environment, the Minister of Information, Mr. Labaran Maku, has said. Maku, who spoke in an interview with...
- Posted January 17, 2014
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FG bans importation of analogue TVs, transmitters
From June 17 this year, it will not be business as usual for importers and users of analogue television sets and transmitters as the Federal Government will place a ban on the products. The move is aimed...
- Posted January 17, 2014
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FG approves N1.9bn for Onitsha transmission line replacement
The Federal Executive Council on Wednesday during its first meeting of the year approved a N1.9bn contract for the supply of 746 kilometres of aluminium conductor composite core reinforced for the re-conduction of the Onitsha-New Haven 330KV...
- Posted January 17, 2014
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Metering policy in oil industry begins February 1
The full implementation of the accurate metering policy in the oil and gas sector by the Weights and Measures Department of the Ministry of Industry, Trade and Investment will begin on February 1, the Federal Government has...
- Posted January 17, 2014
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ConocoPhillips’ exit delays Brass LNG take-off
Indications emerged on Tuesday that the Final Investment Decision for the Brass LNG project located in Bayelsa State might suffer a further delay due to the shareholding vacuum created by the exit of ConocoPhillips and low interests...
- Posted January 16, 2014
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Kwara not owing AMCON – Finance commissioner
The Kwara State Commissioner for Finance, Mr. Demola Banu, has said the state does not owe the Asset Management Corporation of Nigeria. AMCON had early last year advised banks to stop advancing loans and other credit facilities...
- Posted January 16, 2014
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Bread, meat price increases raise inflation to 8%
The National Bureau of Statistics on Tuesday released the Consumer Price Index for the month of December 2013. The report, signed by the Statistician-General of the Federation, Dr. Yemi Kale, stated that the country’s inflation rate rose...
- Posted January 16, 2014
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Global economy at turning point – World Bank
The world economy is projected to strengthen this year, with growth picking up in developing countries and high-income economies appearing to be finally turning the corner five years after the global financial crisis, the World Bank says...
- Posted January 16, 2014