All posts tagged "headline"

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  Crude oil production erratic since February – NNPC

  Crude oil production in the country has been inconsistent since February this year, the Nigerian National Petroleum Corporation has said. According to the corporation, the country’s production has been fluctuating between 2.2 million barrels per day and...

  • Posted October 31, 2013
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  Nigeria-Russia trade volume hits $250m — Envoy

  The volume of trade between Nigeria and Russia currently stands at $250m, the Russian Ambassador to Nigeria, Mr. Nikolay Udovichenko, has said. He said this on Monday in Abuja at the Nigeria-Russia Business Forum tagged, ‘Nigeria-Russia cooperation:...

  • Posted October 31, 2013
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  Oil revenue drops by N189bn

  Revenue accruable to the Federal Government from crude oil exports dipped by N188.5 billion to N457.2 billion in August 2013, compared to N645.7 billion recorded in July. According to data obtained from the Central Bank of Nigeria,...

  • Posted October 30, 2013
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  Experts task FG on gas supply for power

  The Federal Government has been advised to ensure adequate gas supply to all the power plants to achieve stable power supply across the country. Energy experts, who spoke exclusively to Vanguard, said that inadequate gas supply posed...

  • Posted October 30, 2013
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  Dangote rated among 10 most valuable African brands

  As a measure of its growing influence on the continent, the Dangote Group has emerged among Africa’s top 10 most valuable brands in a survey carried out by the African Business Magazine, a pan-African business publication. In the survey...

  • Posted October 30, 2013
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  Cash-less phase II: N20bn spent on PoS terminals

  The provision of Point of Sale terminals under the second phase of the cash-less policy in Lagos, Abia, Rivers, Anambra, Kano and Ogun states as well as the Federal Capital Territory, may have already gulped over N20bn....

  • Posted October 30, 2013
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  PHCN workers threaten nationwide blackout November 1

  Workers of the Power Holding Company of Nigeria have threatened to go on strike over the non-payment of severance benefits to about 55 per cent of the workforce. Over 2,000 workers under the aegis of the National...

  • Posted October 30, 2013
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  Microinsurance: NAICOM may issue licences to firms

  The National Insurance Commission may issue new licences to insurance firms to operate full fledge microinsurance companies just like the microfinance banks are operating in the banking sector, investigations have shown. In preparation for this, some insurance...

  • Posted October 30, 2013
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  Investors await listing of CWG on NSE

  Strong indications have emerged that investors are awaiting the listing of leading pan-African Information Communications Technology (ICT) company, Computer Warehouse Group (CWG) on the Nigerian Stock Exchange (NSE) in November.z THISDAY had reported the proposed listing of...

  • Posted October 29, 2013
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  Naira weakens to N166/$1 at parallel market

  There seems to be no end in sight to the volatility suffered by the naira as it depreciated significantly against the dollar at the parallel market to close at N166/$1 on Friday, from N163/$1 the preceding Friday....

  • Posted October 29, 2013
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