Tuesday, December 7, 2021

Motorists left baffled by modern dashboards

If women can’t read maps and men always lose their keys, there is at least one aspect about driving that unites the sexes: neither...
NNPC Towers

NNPC absolves self of alleged missing N500bn Sure-P money

The management of the Nigerian National Petroleum Corporation, NNPC, has absolved itself from the alleged missing N500 billion Sure-P funds. The Corporation which described media...

CBN, DERMALOG Seal N8bn Biometric Deal

The Central Bank of Nigeria (CBN) has signed a contract of over $50 million (N8 billion) with DERMALOG Identification Systems for the  deployment and...

FG Okays N48.6bn Loan For Mortgage Refinancing

The federal government yesterday endorsed plans to borrow the sum of N48.6 ($300 million) from the world bank via the international development association to...

Policies Cost FG N603bn Loss in Revenue

The Nigeria Customs Service (NCS) yesterday disclosed that certain government policies and bilateral agreements led to a revenue loss of N603.2billion for the country...

Nigeria, Singapore partner on direct air links, others

Nigeria and Singapore have sealed deals on opening up air links between both countries. They have also agreed to collaborate in areas such as medical tourism,...

Elumelu Restates Commitment to $2.5bn Investment in Power Sector

The Chairman of Transnational Corporation of Nigeria (Transcorp), Mr. Tony Elumelu has restated the commitment of his  pan-African proprietary investment company to invest $2.5...

Oil theft: FG may lose $12bn in 2013 — Okonjo-Iweala

Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and output disruptions...

Govt spends N634b on kerosene subsidy

The Federal Government spent about N634billion to subsidise kerosene in the last three years, the Chairman, House Committee on Petroleum, Downstream,Dakuku Peterside, has said. Speaking...

Norway to promote local content in Nigeria’s maritime, oil sector

Norway has entered into a strategic partnership with PEM Offshore to promote local content in the Nigerian maritime and oil and gas sector. Speaking during...

Courier Operators Give FG Ultimatum to Reverse License Fees

The 291 registered courier operators in Nigeria have told the federal government to either extend the yearly renewal of their operational fees from one-year...

Nigeria Will Meet Food Production Target ­— Akinwumi

The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has assured that Nigeria was set to meet its food target by 2015. In a...

W’Bank Affirms Nigeria’s Progress in Business Regulation

The World Bank Tuesday said Nigeria was inching closer to the global best practice in business regulations since 2009. A new report by the Bretton...

Jonathan writes Reps, presents 2014 budget Nov 12

President Goodluck Jonathan wrote the House of Representatives on Tuesday seeking to present the estimates of the 2014 budget to a Joint Session of...

Nigeria-Russia trade hits $250m

Trade volume between Nigeria and Russia stands at $250 million, the Russian Ambassador to Nigeria, Nikolay Udovichenko, has said. He said though the figure is not...

Dangote rated among 10 most valuable African brands

As a measure of its growing influence on the continent, the Dangote Group has emerged among Africa’s top 10 most valuable brands in a...

FG Mulls Investment On Coal To Power

Determined to ensure a secured energy mix for Nigeria, the Government has again reiterated its interest in the development of vast coal resources for...

Investments in Onne Oil, Gas Free Zone hit $4.2b

THE Onne Oil and Gas Free Zone (OGFZ) recorded $200 million more in investments this year, Industry, Trade and Investment Minister Olusegun Aganga has...

Reps Demand Full Disclosure Of Federation Account

The House of Representatives yesterday called on the Federal Government for full disclosure of the status of the Federation Account and the economic situation...

Group Urges FG to Tackle Multiple Taxation

The Tax Payers’ Association of Nigeria (TAPAN) has called on the federal government to urgently harmonise taxes and levies across the country so as...