Federal Archives — Page 82 of 138

July 27, 2017 No Responses

EFCC recovers N328.9b from NNPC retails, Oando, Total, Mobil, others

The Economic and Financial Crimes Commission (EFCC) has recovered a total sum of N328, 988,296,990.62 from NNPC retails, Oando Plc, Mobil Plc, Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas Plc, MRS Oil Plc and NIPCO Oil...

July 26, 2017 No Responses

SEC to sanction firms, capital market operators over tax default

The Securities and Exchange Commission (SEC) has advised Capital Market Operators (CMOs) and Public Limited Company (PLCs) to comply with the Voluntary Assets and Income Declaration Scheme (VAIDS) or face penalty. According to a statement, SEC is enc...

July 25, 2017 No Responses

Southwest Governors approve fresh agenda to revamp agriculture

The Six Southwest Governors –Ibikunle Amosun (Ogun), Akinwunmi Ambode (Lagos), Abiola Ajimobi (Oyo), Rauf Aregbesola (Osun), Ayo Fayose (Ekiti) and Rotimi Akeredolu (Ondo) on Monday approved 25-year development plan designed by the Development Agenda for Wes...

July 25, 2017 No Responses

How to harness huge economic potentials in African seas, oceans, by NIMASA DG, others

To commemorate this year’s “Africa Day of Seas and Oceans”, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has explained that Africa seas and oceans possess huge economic opportunities that...

July 24, 2017 No Responses

Customs FOU recovers N1.2b duty payments, arrest 95 suspects

By Moses Ebosele, ebosele@hotmail.com Between January and June, 2017, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ Ikeja recovered One Billion, Two Hundred and Eighty Six Million, Seven Hundred and Thirty Thousan...

July 21, 2017 No Responses

Panel blames shipping firms, terminal operators, others for alleged N30tri fraud at seaports

The Nigerian Senate Joint Committee on Customs and Marine Transport investigative panel on Thursday accused some commercial banks, shipping firms, terminal operators of allegedly conniving with some officials of Customs and Nigeria Port Authority (NPA) to de...

July 20, 2017 No Responses

How to make African seaports competitive, by NIMASA DG

July 19, 2017 No Responses

FG releases N243.8B second tranche of Paris Club refund to States, FCT

The second tranche of Paris Club refunds has been released by the Federal Government to the 36 states and the Federal Capital Territory (FCT). A statement issued by the Director of Information, Ministry of Finance, Mr. Salisu Danbatta, explained...

July 19, 2017 No Responses

UBA lifts NSE’s activity chart

The United Bank for Africa (UBA) on Tuesday sustained its growth profile on the floor of Nigerian Stock Exchange (NSE) with a turnover of 2.09 billion shares valued at N19.76Billion. At the end of trading activities on Tuesday, a total...

July 18, 2017 No Responses

NSE deploys Nasdaq smart surveillance technology

Nasdaq in collaboration with the Nigerian Stock Exchange (NSE) on Monday unveiled new market surveillance platform powered by SMARTS. SMARTS technology is Nasdaq’s flagship surveillance solution. The technology will, amongst other thi...

July 18, 2017 No Responses

FG announces $1m venture capital for creative industry

The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday announced the establishment of one million-dollar Venture Capital to boost the Creative Industry. The Minister made the announcement at the opening of a two-day Creative Industry Financi...

July 17, 2017 No Responses

NNPC attains five million litres of kerosene output daily

The three refineries of Nigerian National Petroleum Corporation (NNPC) in Port Harcourt, Warri and Kaduna now produce five million litres of Dual Purpose Kerosene (DPK), also identified as kerosene daily. According to NNPC, this represents more than 60 perce...

July 17, 2017 No Responses

Dakuku: Integrity is the bedrock of success in politics

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged Christian youths to embrace the biblical principles of honesty and integrity, which he described as the bedrock to success in politics and go...

July 14, 2017 No Responses

Critical role of quality service delivery in public sector, by Danbatta

The quality of service delivery in the Public sector plays an increasingly important role in the economy of many countries. In today’s global competitive environment, delivering quality service in all sectors is considered as an essential strategy for succ...