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Thursday, January 18, 2018

PTAD Begins Verification of NITEL, Mtel Pensioners

PTAD Begins Verification of NITEL, Mtel Pensioners The Pension Transitional Arrangement Directorate (PTAD) has started the verification of more than over 20,000 pensioners of Nigerian...

Customs Eye N1.5 trillion Revenue in 2018 – Ali

Customs Eye N1.5 trillion Revenue in 2018 – Ali The Nigeria Customs Service has set a revenue target of N1.5 trillion for 2018. The Comptroller-General of...

Petrol Now Sells For N158 per Litre At Depots

Petrol Now Sells For N158 per Litre At Depots Obviously worried that the petrol it imports and allocates to marketers does not get to retail...

How equities jumped by N1.8tr in first two weeks of 2018

The Nigeria capital market attained new highs within the first two weeks of the year as the market capitalization increased by about N1.76 trillion...

2 Chinese firms build subsea pipeline for Dangote Refinery

2 Chinese firms build subsea pipeline for Dangote Refinery Two Chinese companies have held a groundbreaking ceremony to start the construction of a subsea pipeline...

Oil Marketers Canvass For Total Deregulation Of Petroleum Downstream Sub-sector

Oil Marketers Canvass For Total Deregulation Of Petroleum Downstream Sub-sector The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association...

PFAs invest 70% of pension assets in FG securities

Pension Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government’s securities, as at the end of...

Indonesian Stock Exchange collapses

A floor at Indonesia’s stock exchange collapsed into the building’s lobby, on Monday, injuring an unknown number of people, according to media reports. “We are...

W/Bank, TCN Agree On $486m Loan For Power Transmission

W/Bank, TCN Agree On $486m Loan For Power Transmission The Interim Managing Director (IMD) of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed,...
Nigeria Customs Service

Customs Federal Operations Unit Nets N5.9bn In 12 Months

Customs Federal Operations Unit Nets N5.9bn In 12 Months The Nigeria Customs Service (NCS), Federal Operations Unit, Zone ‘A’ Ikeja, has announced that it intercepted...

Nigeria Spent N19.5trn Importing Raw Materials In 7yrs

Nigeria Spent N19.5trn Importing Raw Materials In 7yrs Nigeria spent N19.5 trillion to import raw materials in seven year from year 2000 to 2016. Director...
Forbes

Seven Years Running, Dangote Still Richest Man In Africa

Seven Years Running, Dangote Still Richest Man In Africa President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has again been named the richest...

Fuel Experts Has Urged The Federal Government To Adopt Smart Card Initiative

Fuel Experts Has Urged The Federal Government To Adopt Smart Card Initiative The Federal Government has been told to adopt a smart card initiative that...
Dr-Maikanti-Baru-NNPC

Fresh Escravos Pipeline Explosion: Gas Supply Resumes Today

Fresh Escravos Pipeline Explosion: Gas Supply Resumes Today The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has directed that repair works...

BDCs Seek Extension Of January Deadline For Licence Renewal

BDCs Seek Extension Of January Deadline For Licence Renewal The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC...

At $69 Crude Oil Price Hits A Three Year High

At $69 Crude Oil Price Hits A Three Year High Crude oil prices hit new multi-year highs yesterday as production cuts led by the Organisation...

New Refineries As Solution To Nigeria’s Fuel Challenge

New Refineries As Solution To Nigeria’s Fuel Challenge Massive fuel importation to continue Subsidy payment to last till 2019 FG, others bank on modular plants,...
barrel

254 Firms Submit Bids To Buy, Sell Nigeria’s Crude

254 Firms Submit Bids To Buy, Sell Nigeria’s Crude Nigeria’s crude and condensate production stood at 2.25 million barrels per day on Tuesday, while 254...

225,000 Farmers To Reap From NIRSAL’s New Field Structure

225,000 Farmers To Reap From NIRSAL’s New Field Structure The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) is deploying an innovative nationwide field...

BDCs Seek Forex Rate Convergence

BDCs Seek Forex Rate Convergence The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for an emergency meeting of its members to...

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