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All posts tagged "correspondent"

  • AGF yet to receive PHCN workers severance payment

    The Office of the Accountant General of the Federation has yet to receive the severance package of workers of the Power Holding Company of Nigeria, investigations have revealed. The National Council on Privatisation chaired by Vice-President Namadi...

    • Posted September 25, 2013
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  • Nigeria’s GDP may rise after rebasing – Kale

    National  Bureau of Statistics (NBS) recently commenced a rebasing exercise of the nation’s Gross Domestic Product (GDP) about 23 years after the last exercise. Statistician General, Yemi Kale, explained  the import of the exercise to journalists and...

    • Posted September 16, 2013
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  • Half year: Stock Exchange transactions hit N1.183tn

    The total value of transactions of listed securities on the Nigerian Stock Exchange stood at N1.183tn in the half year report, which ended on June 30, 2013. The amount represents an increase of N673bn or 132 per...

    • Posted September 16, 2013
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  • Severance package: FG begins payment of PHCN workers

    The Federal Government has commenced the payment of the severance packages of employees of the Power Holding Company of Nigeria in preparation for the conclusion of the privatisation of the power sector. Our correspondent gathered on Tuesday...

    • Posted August 8, 2013
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  • Unregistered SIMs: Subscribers to lose numbers in September

    Telecommunications subscribers, whose numbers were disconnected after the expiration of the June 30 deadline for SIM card registration, will forfeit the numbers in 90 days if they do not report to their network operators for full registration....

    • Posted July 9, 2013
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  • Senate dumps 2013 budget amendment, gets revised version

    The Senate has received a revised version of the 2013 Appropriation (Amendment) Bill after discarding the earlier one submitted by President Goodluck Jonathan. The development is coming after the House of Representatives on Wednesday formally killed the...

    • Posted July 1, 2013
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  • Police pull out of FG insurance scheme

    The Nigeria Police Force has pulled out of the group life insurance scheme initiated by the Federal Government for all its workers. It is, instead, seeking approval to have a separate policy solely for its officers and...

    • Posted June 13, 2013
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  • Capital market recovers 94.3% of 2008 losses

    If the figures obtained at the close of Wednesday’s equity trading is anything to go by, then the capital market is well on the way to hitting the pre-meltdown peak of 2008. Investigations by our correspondent showed...

    • Posted May 23, 2013
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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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  • Cash-less policy: Poor network threatens to PoS usage

    Months after the introduction of Point of Sale terminal as one of the key electronic payment channels to drive the cash-less scheme of the Central Bank of Nigeria, poor network has remained a challenge to the initiative,...

    • Posted May 13, 2013
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