Federal Archives — Page 76 of 138

November 7, 2017 No Responses

Elumelu at Presidential Villa, implores investors on Nigeria’s business ranking

Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country. Speaking with Journalists after a visit to the...

November 7, 2017 No Responses

FG to demolish Costain, Jibowu bridges as construction of Standard Gauge rail track begins in December

The Minister of Transportation, Rotimi Amaechi on Monday said the laying of tracks of Lagos-Ibadan standard gauge rail line would start in December. He also said that Jibowu and Costain bridges in Lagos would be demolished to give way for...

November 5, 2017 No Responses

Presidency explains list of Buhari’s appointments

The Presidency on Saturday released a full list of all the appointments made by President Muhammadu Buhari since he assumed office on May 29, 2015. The Special Adviser to the President on Media and Publicity, Femi Adesina, who released...

November 4, 2017 No Responses

FG to distribute 13m nets

The Federal Government says it will distribute 13 million Long Lasting Insecticidal Nets (LLINs) in collaboration with other stakeholders in six selected states. The Minister of Health, Prof. Isaac Adewole, made this known on Friday in Yola at the flag-off o...

November 3, 2017 No Responses

Buhari to present 2018 budget on Tuesday

President Muhammadu Buhari has written to the National Assembly, informing them of his readiness to present the 2018 appropriation budget on Tuesday, November 7, 2017. In a letter addressed to the Senate President Bukola Saraki and Speaker of the House...

November 2, 2017 No Responses

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com – The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice. Briefing Journalists on ...

October 31, 2017 No Responses

SEC inaugurates capital market development fund

The Securities and Exchange Commission (SEC) on Monday inaugurated the Nigerian Capital Market Development Fund (NCMDF) in Abuja. Speaking at the event, the Director General of SEC, Mr Mounir Gwarzo, who is also the Chairman of NCMDF board, explained ...

October 31, 2017 No Responses

FG to unveil six locomotives, 100 wagons, partner Israeli firm on maritime security

By citybusinessnews@yahoo.com – The Federal Government is to deploy six locomotives and 100 wagons before the end of December, 2017 as part measure to boost rail transportation nationwide. Speaking at the 2017 World Maritime Day, organise...

October 30, 2017 No Responses

Osinbajo: It’s in Nigeria’s interest to promote transparency in extractive sector

Nigeria will continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so, Vice President, Yemi Osinbajo, has said. Prof. Osinbajo stated this during a bilateral meeting with the Chairman of...

October 28, 2017 No Responses

FG reiterates support for private sector, seeks industrial competitiveness

In accordance with the targets of its Economic Recovery and Growth Plan (ERGP), the Federal Government is open to stronger partnerships and collaborations with the private sector to build infrastructure and make the necessary progress in the economy, Vice Pres...

October 26, 2017 No Responses

Reshuffle ‘kitchen cabinet’, labour tells Buhari

Alarmed by the scandal surrounding the reinstatement of the dismissed former Chairman of the Presidential Task Force on Pension Reforms, Abdulrasheed Maina, into the Federal Civil Service, Organised Labour under the auspices of Association of Senior Civil Serv...

October 24, 2017 No Responses

Obaseki to FG: Deregulate petroleum sector now

The former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Dr Jackson Gaius-Obaseki, has advised the Federal Government to consider full deregulation of the value chains of the nation’s petroleum sector. Gauis-Obaseki, who is cur...

October 24, 2017 No Responses

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com – The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc. To ensure the independence and transparency of the exercise, the Forensic Audit according ...

October 18, 2017 No Responses

Sec probes Oando, shares on technical suspension

The crisis rocking Oando plc on Wednesday assumed a new dimension as the Secirities and Exchange Commission (SEC) directed the Nigerian Stock Exchange (NSE) to place the shares on technical suspension effective from October 20, 2017. Under the arrangement,....