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All posts tagged "headline"

  • Akwa Ibom seeks N80billion to pay bank loan

    The Commissioner of Finance, Akwa Ibom State, Mr. Bassey Akpan, has said the state government is seeking an N80bn loan from the Standard Charter Bank of London to offset the previously acquired credit facility of N50bn from...

    • Posted April 21, 2013
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  • Row over N50,000 pre-paid meters

    The  move to make Nigerians pay between N25,000 and N50,000 for pre-paid meters under the  Credited Advance Pay for Metering Implementation (CAPMI) scheme has sparked controversy. While some people said consumers should cooperate with the Federal Government...

    • Posted April 21, 2013
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  • FG plans local manufacturing of motor spare parts

    The Federal Government has disclosed plans to begin local manufacturing of auto spare parts. Minister of Mines and Steel Development, Mr. Muhammed Sada, said this at Ota, Ogun State, during the inauguration of a new factory, Sun...

    • Posted April 21, 2013
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  • Anambra/Kogi oil battle: Communities send SOS to FG

    The battle over the ownership of oil wells at the border communities between Anambra, Enugu and Kogi states intensified within the week, leading to the disappearance of no fewer than 19 persons from Okpeze, Aguleri, in Anambra...

    • Posted April 20, 2013
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  • FAAN begins automation of revenue points at airports

    In a bid to boost and ensure transparency in its revenue drive, the Federal Airports Authority of Nigeria (FAAN) will soon begin implementation of the automation of revenue points at all its airports. FAAN’s General Manager, Corporate Communications,...

    • Posted April 20, 2013
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  • NDPHC to add 4,200 MW to national grid by December

    The Niger Delta Power Holding Company said it aims to be contributing about 4, 200 mega watts of electricity to the national grid by December. NDPHC, the owners of the National Integrated Power Project, gave the assurance...

    • Posted April 20, 2013
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  • Diesel Scam: S-Court declines to reinstate sacked CBN Director

    The Supreme Court, Friday, declined to reinstate a former Assistant Director, Building Engineering Services Department at the Central Bank of Nigeria, CBN, Rasaki Abiola Ekunola, who was dismissed in February 2000 following his alleged complicity in diesel...

    • Posted April 20, 2013
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  • Nigeria’s external reserves still above $48billion – Central Bank

    The Central Bank of Nigeria, CBN, yesterday, said Nigeria’s external reserves stood at 48.76 billion dollars (N75.57 trillion) as at April 16. The apex bank disclosed this on its website. According to the CBN, the figure represented...

    • Posted April 19, 2013
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  • CBN Governor to speak at Abia Youth Empowerment Summit

    The government and people of Abia state will on Wednesday, April 24 2013 play host to thousands of youth in the first ever Abia Youth Empowerment Summit, tagged A-YES. According to a statement by the Commissioner for...

    • Posted April 19, 2013
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  • DANA Airline to re-launch flight operations to Port Harcourt on Monday

    The Management of DANA Airline said on Tuesday that it would resume flight operations to Port-Harcourt, Rivers, on Monday, April 22. This was contained in a statement by its Media Relationship Officer, Samuel Ogbogoro, made available to newsmen. “DANA...

    • Posted April 19, 2013
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