All posts tagged "headline"
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Nigeria needs N464tn for infrastructure – Surveyors
The Nigerian Institute of Quantity Surveyors has said that about $2.9tn (N464tn) will be needed to address the huge infrastructural deficit in the country. The institute’s President, Mr. Agele Alufohai, stated this on Tuesday in Abuja while...
- Posted November 21, 2013
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Jonathan to meet international investors in London
President Goodluck Jonathan is expected to leave Abuja in the early hours of Wednesday (today) for London, where he is scheduled to preside over a three-day meeting of Nigeria’s Honourary International Investors’ Council. He is expected back...
- Posted November 21, 2013
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Nigerian emerges ICAO president
A Nigerian, Dr. Olumuyiwa Aliu, has emerged the President of the International Civil Aviation Organisation. Aliu, who was elected at the 38th Assembly of the global body on Monday, is the first African to head the organisation....
- Posted November 21, 2013
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Jaiz Bank appoints new MD
Jaiz Bank Plc has announced the appointed of Muhammad Nurul Islam from the Islami Bank Bangladesh Limited as its new managing director/chief executive to steer its affairs and better position the bank to realise its vision of...
- Posted November 20, 2013
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FG to sell four state-owned refineries next year
The federal government plans to begin the privatisation of four of its state-owned oil refineries before the end of the first quarter of next year, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has said. “We would...
- Posted November 20, 2013
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We all shared $5bn ECA fund — FG
The Federal Government on Monday denied an allegation made by the Rivers State Governor, Mr. Rotimi Amaechi, that $5bn was missing from the Excess Crude Account. It stated that the governor could not deny knowledge of the...
- Posted November 20, 2013
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NAMA imposes $3,000 fee on non-scheduled airline operators
The Nigerian Airspace Management Agency has announced that airlines involved in non-scheduled operations will pay up to $3,000 as fees. This was contained in ‘aeronautical information’ circular for all airlines involved in non-scheduled flight operations. NAMA said...
- Posted November 20, 2013
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Concerns mount as banks face liquidity challenges
More banks have continued to look for alternative sources of earning following the directive by the Central Bank of Nigeria that increased Cash Reserve Ratio to 50 per cent. The CBN, in July, raised the CRR for...
- Posted November 20, 2013
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N500bn SURE-P fund not missing – FG
The Federal Government on Monday dismissed claims that the sum of N500bn was missing from the Subsidy Reinvestment and Empowerment Programme Account. The amount, it said, was paid to states and local governments as part of their...
- Posted November 20, 2013
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Transcorp shares rise 94% on power plant acquisition
There has been a renewed demand for the shares of Transnational Corporation of Nigeria Plc (Transcorp) at the stock market after the company took over the Ughelli Power plant on November 1, 2013. Transcorp acquired the Ughelli...
- Posted November 19, 2013