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All posts tagged "headline"

  • Samsung wins $3b FPSO order in Nigeria

    Samsung Heavy Industries Company Limited said its unit, Samsung Heavy Industries Nigeria, won a $3 billion order from an unnamed major oil company to build a floating production, storage and offloading vessel. Of the $3 billion order,...

    • Posted June 26, 2013
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  • Oando’s profit up 530% as NSE Index slips

    Integrated energy giant- Oando, on Monday presented its audited result for the full year ended December 31, 2012, revealing that profit after tax grew from N1.712 billion in the corresponding period of 2011 to N10.786 billion; representing...

    • Posted June 26, 2013
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  • Foreign Affairs Ministry Spends N1.6bn on ICT Project

    The Ministry of  Foreign Affairs has spent N1.6 billion on an ICT project to provide a secured and effective real-time multi-media communications for missions abroad and the headquarters, an official said. The Minister of Foreign Affairs, Dr...

    • Posted June 26, 2013
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  • CBN moves against currency counterfeiting

    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said the bank will intensify its fight against currency counterfeiting because the malady, if not addressed, can undermine the integrity of the nation’s economy and...

    • Posted June 26, 2013
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  • FRSC introduces e-ticketing for traffic offence

    The Federal Road Safety Commission (FRSC) in partnership with the United Bank for Africa (UBA), on Tuesday, inaugurated e-ticketing to facilitate easy booking of motorists for road traffic offences. Speaking at the inauguration, Mr Osita Chidoka, the...

    • Posted June 26, 2013
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  • NIMASA detains three NLNG ships over levies

    Nigerian Maritime Administration and Safety Agency has issued a ship detention order to the Nigeria Liquefied Natural Gas Limited, NLNG, halting gas exports and detaining three of its vessels. According to a statement by Kudo Eresia-Eke, spokesperson...

    • Posted June 26, 2013
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  • FG registers 10million farmers in 2013

    The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, said on  Tuesday that not less than 10 million farmers had been registered in 2013 under the Growth Enhancement Support scheme (GES). Speaking during a courtesy visit...

    • Posted June 26, 2013
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  • SIM registration: Subscribers condemn unsolicited messages by operators

    Ten days to the end of the Subscriber Identity Module registration exercise in the country, telecoms subscribers are uncomfortable with the seemingly endless text messages by telecoms companies urging them to either register their SIMs or complete...

    • Posted June 25, 2013
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  • CBN sells $500m to stabilise Naira

    Central Bank of Nigeria, CBN, yesterday sold $500 million at the bi-weekly foreign exchange auction to forestall depreciation of the naira. The amount sold represents 66 percent increase when compared to $300 million sold per previous foreign...

    • Posted June 25, 2013
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  • Small scale industrialists lament high electricity bills

    Members of Small Scale Polythene Industries in Onitsha, Anambra State, have called on President Goodluck Jonathan and governors of the South East to prevail on the Power Holding Company and Nigerian Electricity Regulatory Commission, NERC,  to save...

    • Posted June 25, 2013
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