Sanusi Braces up for Election Spending Shock
• Northern elite woo CBN boss to join politics
Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, has said he is bracing up...
Power: Kaduna, Enugu, C/River Take N16bn Loan
The Federal Executive Council (FEC) yesterday approved the signing of a $100 million (equivalent N16 billion) loan agreement with Indian Import-Export Bank to boost...
SEC Restates Commitment to Protect Investors
The Securities and Exchange Commission (SEC) has restated its determination and commitment to protect investors patronising the Nigerian over-the-counter (OTC) securities market.
The OTC market,...
NIBSS Processes N9.3trn Electronic Transactions
The electronic payment landscape in Nigeria has continued to be on the ascendancy as the Nigerian Interbank Settlement System Plc (NIBSS) has conducted over...
66 power firms jostle for NIPP plants
About 66 power companies submitted yesterday bids for the purchase of 10 Nigeria National Integrated Power Plants NIPP in the Niger Delta.
They include; Alaoji...
CBN: The Poverty In Sanusi Lamido Sanusi’s Legacy
As Nigeria starts screening for a new CBN governor to replace Sanusi Lamido Sanusi (SLS) at the expiration of his tenure come June 2014,...
Power: Eko Disco gets N39.7bn to upgrade infrastructure
The new owner of Eko Electricity Distribution Company, West Power & Gas Limited, has unveiled plans to invest $250m (N39.7bn) to transform the facility...
Contributory Pension Assets Hit N3.72trn
Total assets under the Contributory Pension Scheme (CPS) have reached an all-time high of N3.72 trillion, the acting Director General of the National Pension...
37% of Nigerians Not Aware of Mobile Money Services
A survey has shown that 37 per cent of Nigerians are not aware of mobile money and as such do not use the payment...
Stock Market Upbeat, Gains N97.09bn
The Nigerian Stock Exchange (NSE) closed the week on a positive note, consolidating on its previous week’s gains as the market capitalisation gained N97.09...
NDIC Repositions, Pledges Safer Financial System
The Nigeria Deposit Insurance Corporation (NDIC) Thursday unveiled a new corporate identity which is aimed at deepening trust, improved communication with depositors as well...
PIB bill to pass before 2015- Speaker Tambuwal
The Speaker of the House of Representatives, Aminu Tambuwal, has assured Nigerians that the Petroleum Industry Bill, PIB, would be passed before 2015.
Mr. Tanbuwal made this known...
Crude Oil Theft: NNPC Admits Revenue Shortfall
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew
Yakubu, has admitted that the persistent attacks on major crude oil arteries...
Oil revenue drops by N189bn
Revenue accruable to the Federal Government from crude oil exports dipped by N188.5 billion to N457.2 billion in August 2013, compared to N645.7 billion...
National Dialogue: Manufacturers seek protection for industrial sector
As Nigerians prepare for a national dialogue, the Manufacturers Association of Nigeria, MAN, Apapa Branch, has called for an all embracing discourse that will...
‘Why We Introduced The Spokesperson Magazine’
Mr. Yushau Abdulhameed Shuaib has been a spokesperson of various institutions and bodies since his undergraduate day in Bayero University Kano where he was Public Relations...
NCAA comes clean on N255million armoured cars, says “we have no documents of purchase”
The Civil Aviation Authority, NCAA, entangled in the controversial purchase of two armoured cars at a quarter of a billion naira , for Nigeria’s...
Crude Oil Theft Another Face Of Terrorism — Alison-Madueke
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has declared that the grave phenomenon of oil theft and its global support system represents another...
Oil And Gas Ftz Attracts Fresh N32bn Investment
WITHIN the last ten months, a whopping amount of $200m (N32bn) has been invested in the Onne Oil and Gas Free Zones.
When added to...
Privatisation: FG spends N609.4bn on labour liabilities
The Federal Government spent N609.4bn on settlement of labour liabilities in privatised public enterprises between 2000 and 2013, the Bureau of Public Enterprises has...
