Federal Archives — Page 102 of 144

March 9, 2017 No Responses

‘NLNG, Nigerian success story in management, technical competence’

The Minister of Information and Culture, Alhaji Lai Mohammed, has described the Nigeria Liquefied Natural Gas (NLNG) Limited as a shinning example of the Nigerian success story in management and technical competence. The Minister stated this on Bonny Island, Rivers State, on...

March 8, 2017 No Responses

FG seeks self-sustaining railway, completes studies on 13 routes

It is important to have viable self-sustaining and self-improving railway service, the Acting President, Prof Yemi Osinbajo has said. Speaking in Lagos at the Ground Breaking Ceremony of the Segment II Lagos-Ibadan Rail Project with extension to Lagos Port Com...

March 8, 2017 No Responses

Customs zone ‘A’ impounds N1.3b contrabands in two months

Between January and February, 2017, the Nigeria Customs Service (NCS), zone A Ikeja, “intercepted various contrabands and other goods on detention with a duty paid value (DPV) of Seven Hundred and Thirteen Million, Eight Hundred and Thirty Eight Thousand, Ni...

March 8, 2017 No Responses

Sustain reforms at NNPC, expert tells Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has been enjoyed to sustain ongoing reforms despite stiff opposition in some quarters. Since his assumption of office, Baru has undertaken far reaching measures de...

March 7, 2017 No Responses

CBN offers additional $367 Million to ease FOREX crisis

As part of measures to tackle Nigeria’s Foreign Exchange (FOREX) crisis, the Central Bank of Nigeria (CBN) on Monday carried out another round of retail interventions in the interbank FOREX market by providing $367,134,329.93 to meet the forward requests of....

March 7, 2017 No Responses

Abuja Airport closure: FG unveils measures to ease passengers’ plight

The Federal Government on Monday announced measures to ease the plight of passengers during the six weeks that the Nnamdi Azikiwe International Airport in Abuja will be closed for the reconstruction of the sole runway. The measures were announced at...

March 6, 2017 No Responses

Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

To curtail speculations and facilitate prompt assistance to genuine foreign exchange (FOREX) customers, the Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic/Personal Travel Allowance (BTA/PTA) are processed ...

March 6, 2017 No Responses

LCCI to Osinbajo: Sustain strategic engagement with Niger Delta stakeholders

The Lagos Chamber of Commerce and Industry (LCCI) at the weekend advised the Acting President, Prof Yemi Osinbajo to sustain ongoing engagement with stakeholders in the Niger Delta. President of LCCI, Dr (Mrs) Nike Akande, said: “The country has witnessed...

March 3, 2017 No Responses

Customs gives deadline for payment of vehicle duties

The Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has approved a grace period of one month, between Monday, 13th March to Wednesday 12th April 2017 for owners of all vehicles within the Country whose customs duty has not been...

March 3, 2017 No Responses

NSE Photo News

L – R shows Monday Usaide, Head, Market Development Department, Debt Management Office (DMO); Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Abraham Nwankwo, Director General, DMO; Oladele Afolabi, Direct...

March 2, 2017 No Responses

‘Economic dangers of an amended NLNG Act’

Hopes for economic and industrial growth will be dashed if inhibitors such as the removal of legislative frameworks like the Nigeria LNG Limited (NLNG) Fiscal Incentives, Guarantees and Assurances Act, are permitted in the Nigerian gas industry, the Managing D...

March 1, 2017 No Responses

SEC canvasses international collaboration on mergers, acquisitions

The Securities and Exchange Commission (SEC) on Tuesday expressed its readiness to collaborate with relevant international agencies to ensure that the growth of Mergers and Acquisitions in the country is sustained. Director General of SEC, Mounir Gwarzo stat...

March 1, 2017 No Responses

How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

The Lagos Deep Offshore Logistics base (LADOL) has joined notable world business promoters in mapping out strategies to actualize how Africa could effectively reap a whopping $1 trillion from a projected $12 trillion new market value in an emerging global...

March 1, 2017 No Responses

Osinbajo tasks SON, NAFDAC, others on regulatory approvals within time limits

It is the role of government’s regulatory agencies to act as catalysts of beneficial change and to take responsibility for facilitating businesses in the country, the Acting President, Yemi Osinbajo has said. “We must see ourselves as agents of some...