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All posts tagged "headline"

  • NPDC insists on operatorship of Chevron’s oil blocks on sale

    The Nigerian National Petroleum Corporation (NNPC), owner of 60 percent stakes in the Oil Mining Leases (OML) 52, 53, 55, at the weekend insisted that it reserves the right to hand over the operatorship and handling of...

    • Posted October 2, 2013
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  • Increase in electricity tariff unacceptable — PENGASSAN

    The Petroleum and Natural Gas Senior Staff Association of Nigeria has called on the Federal Government to allow the roadmap for power generation and distribution to fully come on stream before contemplating a tariff increase. PENGASSAN, in...

    • Posted October 2, 2013
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  • Cashless policy: Charges on withdrawals, deposits begin Wednesday

    The Central Bank of Nigeria will on Wednesday begin the full implementation of its cash-less policy in the Federal Capital Territory, Rivers, Kano, Anambra, Ogun and Abia states. This follows the end of a three-month moratorium on...

    • Posted October 2, 2013
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  • Electricity workers protest as investors get share certificates

    The privatisation of the Nigerian power industry took a step closer to completion on Monday with the handing over of share certificates to 13 investors who had earlier paid for the 14 electricity generation and distribution companies....

    • Posted October 2, 2013
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  • Nigeria re-elected to ICAO council

    Nigeria has been re-elected to the International Civil Aviation Organisation’s Council with majority votes at the 38th assembly of the organisation held on Saturday in Montreal, Canada. A statement by the Federal Airports Authority of Nigeria on...

    • Posted October 2, 2013
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  • NUPENG warns against breach of agreement

    NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, has warned Petroleum Dealers Association of Nigeria, PEDAN, and the oil marketers to fully implement provisions of the Collective Bargaining Agreement, CBA, and extant labour legislations to avoid...

    • Posted October 1, 2013
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  • Banking sector biometric database ready by March 2014 – Sanusi

    Central Bank of Nigeria (CBN) Governor, Lamido Sanusi, at the weekend in Lagos, said following a rigorous selection process for the provider, a biometric database for the nation’s banking industry will be ready by March next year. Delivering...

    • Posted October 1, 2013
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  • Nigeria at 53: LCCI laments 50% youth unemployment, 67% poverty rate, insecurity

    Nigeria’s premier chamber, the Lagos Chamber of Commerce and Industry (LCCI) at the weekend agreed on the need to redirect the nation’s socio-political and economic ship for common good. Reviewing the Nigerian economy at 53 for example, the...

    • Posted October 1, 2013
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  • FCMB commits N44bn to power sector

    First City Monument Bank has committed about $275m (N44bn) to the reform programme in the power sector. The figure was given by the Group Head, Project and Structure, FCMB Markets Limited, Mr. Robert Grant, during a special...

    • Posted October 1, 2013
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  • NCAA licenses 26 airlines for flight operations

    The Nigerian Civil Aviation Authority has released a list of licensed scheduled commercial and charter airlines in its registry as parts of measures to clamp down on illegal charter airline operations in the country. In the list...

    • Posted October 1, 2013
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