All posts tagged "headline"

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  Central Bank recovers N8.6billion excess bank charges

  The Central Bank of Nigeria on Monday said it had recovered N8.6bn as excess charges fraudulently collected from customers by Deposit Money Banks. The amount was recovered between May 29, 2012, when the Consumer Protection Department was...

  • Posted April 16, 2013
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  Nigeria earns N599bn from crude, FG overspends by N178bn

  Central Bank of Nigeria, CBN, yesterday, said the country earned N599 billion from crude oil in January, while Federal Government overspent its budget by N178 billion in the same month. The apex bank disclosed this in its...

  • Posted April 16, 2013
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  EFCC arrests former Nigerian Security Printing and Minting Company boss, Ehi Okoyomon

  Former Managing Director of the Nigerian Security Printing and Minting Company, Ehi Okoyomon was arrested in Abuja   yesterday by operatives of the Economic and Financial Crimes Commission, EFCC. Okoyomon  who resigned recently following the  alleged  disappearance of...

  • Posted April 15, 2013
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  Samsung flags off pre-order for Galaxy S4 in Nigeria

  Leader in digital media and digital convergence technologies, Samsung Electronics West Africa, has announced a date for formally unveiling the fourth generation of its flagship Galaxy S series, the Samsung Galaxy S4, in Nigeria. The device will...

  • Posted April 15, 2013
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  Electricity consumers to pay N50,000 for pre-paid metres

  From April 25 electricity consumers may pay between N25,000 and N50,000 for pre-paid metres for the single phase and three phase models, respectively,  under the new Credited Advance Pay for Metering Implementation, CAPMI, scheme. The price tag...

  • Posted April 15, 2013
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  FG sets N1.4trillion target for Customs

  Federal Government has given Nigeria Customs Service, NCS, a target of N1.4 trillion revenue collection for the years 2013. Government was said to have given NSC N800 billion last year, but it imposed N1.2 trillion 2012 target...

  • Posted April 15, 2013
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  EFCC probes Enugu’s N13.6bn secretariat project

  Economic and Financial Crimes Commission (EFCC), Abuja office, has launched a full scale investigation into an alleged sleaze in the ongoing construction of new state secretariat project in Enugu State, at the cost of N13.6 billion. The...

  • Posted April 15, 2013
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  NNPC denies looming fuel scarcity in South-West

  The Management of the Nigerian National Petroleum Corporation, NNPC, have informed members of the public to disregard the reports of imminent fuel scarcity in the South-West region. In a statement by the acting Group General Manager, Public...

  • Posted April 14, 2013
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  NLNG Train7: Shareholders delay $12bn investment

  The continued delay of the Train7 project of the Nigeria Liquefied Natural Gas Limited is holding back fresh Foreign Direct Investment worth $12bn that should have been flowing into the country. Our correspondent learnt that it was...

  • Posted April 14, 2013
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  FAAC shares N518.389bn amid Minister, Commissioners row

  After several days of inconclusive deliberations, the Federation Accounts and Allocation Committee (FAAC) eventually shared  N518.389billion to the three tiers of government for the month of March. The meeting had been delayed following the absence of the...

  • Posted April 14, 2013
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