All posts tagged "headline"

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  Shell declares force majeure on NLNG gas supply

  Shell Petroleum Development Company Limited, the Nigerian subsidiary of Royal Dutch Shell, has declared a force majeureon gas supplies to the Nigeria LNG after a reported leak led to a pipeline shutdown. A statement released from The Hague...

  • Posted May 17, 2013
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  350,000 companies not rendering tax returns – FG

  The Federal Government has decried the practice of tax evasion by many companies operating in the country and that in the last few years; about 350,000 companies have not filed tax returns. Tax returns are forms used...

  • Posted May 17, 2013
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  Electronic fund transfers set to hit N160billion daily

  The value of electronic funds transfer in the country is likely to hit N160bn per day by the end of the year in the second phase of the cash-less policy, which is planned to commence in July....

  • Posted May 17, 2013
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  Inflation rose to 9.1% in April – NBS

  The rate of inflation in the country rose to 9.1 per cent in April from 8.6 per cent in March, according to the Consumer Price Index Report released by the National Bureau of Statistics on Thursday. The...

  • Posted May 17, 2013
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  Government officials welcome probe of private jets

  Top officials of Rivers State Government have  welcomed the call on Nigeria Civil Aviation Authority, NCCA, to produce licences and documentations of all private jets in the country within 48 hours. Some of them who spoke to...

  • Posted May 17, 2013
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  Governors seek 25% waiver to buy INEC’s data capturing machine

  State governors,yesterday, requested the Independent National Electoral Commission, INEC, to grant them 25 percent discount for the purchase of computers used for capturing data during the registration of voters in 2010. Addressing newsmen at the end of...

  • Posted May 17, 2013
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  Diamond Bank workers protest

  About 500 contract workers of Diamond Bank Plc on Wednesday protested at the head office of the bank in Lagos over alleged unfair practices and poor working conditions. The contract employees, who were recruited by various vendors...

  • Posted May 16, 2013
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  NERC to issue code to regulate electricity metering

  The Nigerian Electricity Regulatory Commission on Wednesday announced plans to issue a new standard code to regulate metering of electricity in the country. The commission said a panel had reviewed the proposed metering code and had endorsed...

  • Posted May 16, 2013
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  Stock Exchange recorded N510.1bn transactions in Q1

  The total value of transactions of listed securities on the Nigerian Stock Exchange stood at N510.1bn at the end of the first quarter, which ended on March 31, 2013. The amount represents an increase of N152bn or...

  • Posted May 16, 2013
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  LCCI laments state of insecurity

  The Lagos Chamber of Commerce and Industry, LCCI, has lamented the worsening state of insecurity in the country, saying it is already taking a severe toll on investors’ confidence. Speaking at the presentation of the 2013 Lagos...

  • Posted May 16, 2013
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