All posts tagged "headline"

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  Smuggling responsible for influx of substandard products – SON

  The Standards Organisation of Nigeria has said that the attitude of most Nigerians towards imported goods has continued to fuel the influx of substandard products into the country. The organisation’s head in Akure, the Ondo State capital,...

  • Posted November 13, 2013
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  Naira slides against the dollar

  The naira, on Monday, weakened against the US dollar, losing N0.44 kobo at the interbank market. The naira closed at N159.04/$ on Monday, compared to N158.60/$ on Friday last week, data from the Financial Markets Dealers Quotations (FMDQ) have revealed....

  • Posted November 12, 2013
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  Downstream players urged to expand capacity

  Downstream players in Nigeria’s petroleum industry have been challenged to expand capacity through the construction of refineries to become net producers of petroleum products in the country. By so doing, they will become competitive at the international...

  • Posted November 12, 2013
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  Sanusi lists financing conditions for PPP projects

  The Governor, Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi has listed adequate institutional framework, transparent legislative and regulatory frameworks as preconditions for successful Public Private Partnership, PPP projects. He stated this while delivering a key...

  • Posted November 12, 2013
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  No company has monopoly to lift crude – NNPC

  The Nigerian National Petroleum Corporation on Sunday said no company enjoyed the monopoly of lifting the country’s crude oil, contradicting reports that it colluded with some local and international traders to execute unfair industry practices. The corporation...

  • Posted November 12, 2013
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  IPMAN sells kerosene for N50 in Ilorin, Ibadan

  Residents of Kwara State, especially the Ilorin metropolis, on Sunday purchased kerosene at N50 per litre as officials of the Independent Petroleum Marketers Association of Nigeria, Ilorin Depot, supervised the sale of the product. A litre of...

  • Posted November 12, 2013
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  Inconsistent information delaying PHCN workers’ severance payment – Nebo

  The Minister of Power, Prof. Chinedu Nebo, has given reasons why some workers of the defunct Power Holding Company of Nigeria have not been paid their severance packages two weeks after the Federal Government gave out the...

  • Posted November 12, 2013
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  NNPC rejects allegations of sharp practices in crude oil sales

  The Nigerian National Petroleum Corporation (NNPC), on Sunday, denied a report by a Swiss-based agency which accused the corporation of colluding with some local and international oil traders to execute unfair industry practices. Tumini Green, the Acting...

  • Posted November 11, 2013
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  FG promises to revive Ajaokuta Steel Company

  The federal government, on Friday, promised to revive the Ajaokuta Steel Company in Kogi State. MakuThe Minister of Information, Labaran Maku, made the promise when the National Good Governance Tour team visited the complex in Ajaokuta. “On...

  • Posted November 11, 2013
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  Nigeria, China trade volume hits $6.2bn in six months

  The Project Manager, Brightway International Exhibition Ltd, Mr. David Zhao, has said that the trade volume between Nigeria and China has increased by 18.6 percent with a total of 6.2 billion dollars in the first half of...

  • Posted November 11, 2013
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