Federal Archives — Page 94 of 120

November 23, 2016 No Responses

Strategic role of Board, Management synergy, by NIMASA DG

To achieve the Nigerian Maritime Administration and Safety Agency (NIMASA) vision of becoming the leading maritime administration in Africa, it is important that there is no disconnect between policy formulation and policy implementation, Director General, Dr. Dakuku Peterside has said...

November 23, 2016 No Responses

NSE Photo News

L – R ( A ) shows Serge LeVert-Chiasson, Senior Partner, Sarona Asset Management; Danladi Verheijen, Managing Director, Verod Capital Management; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Wale Adeosun, Chief Investment...

November 23, 2016 No Responses

NPA to partner maritime professionals

The Managing Director, Nigerian Ports Authority (NPA) Ms Hadiza Bala Usman has pledged to work with professionals in the maritime sector and make the ports attractive to business. According to Usman, NPA was more determined to close the gaps between the...

November 22, 2016 No Responses

FG expends N1.1tri on debt servicing in nine months

The Federal Government has spend not less than N1.1 trillion on debt servicing in the last nine months, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said. According to the minister, this also includes N44 billion...

November 22, 2016 No Responses

BPE to partner PTAD on pension issues

Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has pledged the Bureau’s willingness to work with the Pension Transitional Arrangement Directorate (PTAD) to achieve its mandate especially on pension issues arisi...

November 22, 2016 No Responses

Nigeria’s GDP drops by 2.24% in 3rd quarter

For the third quarter 2016, Nigeria’s Gross Domestic Product (GDP) dropped by 2.24 per cent. Data released on Monday by the National Bureau of Statistics (NBS) revealed that Nigeria’s economy shrunk by 2.06 per cent due to revenue shortage, foreign...

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...

November 21, 2016 No Responses

Ministry implore stakeholders on 2016/2017 dry season farming scheme

To enhance transparency and accountability in the implementation of the Growth Enhancement Scheme (GES), the Federal Government has concluded plans to implement the 2016/2017 dry season intervention scheme. Speaking at the opening ceremony of the GES Stakeho...

November 21, 2016 No Responses

SEC signs capital market studies MoU with NERDC

The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing Capital Market Studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Cou...

November 21, 2016 No Responses

FG proposes N750B recapitalization agenda for agric bank

The Federal Government through the Central Bank of Nigeria (CBN) has concluded plans to make available N750 Billion for the recapitalisation of the Bank of Agriculture in 2017. Under the arrangement, the Bank is being repositioned to attract not...

November 20, 2016 No Responses

Ibrahim Jibril elected CILT President

Mr. Ibrahim Jibril, Director of Administration and Human Resources department in the Nigerian Maritime Administration and Safety Agency (NIMASA) has been elected the President of the Chartered Institute of Logistics and Transport (CILT) Nigeria. At the electio...

November 19, 2016 No Responses

Corruption: FG unveils panel on asset recovery

The Federal Government has set up an inter-agency Presidential Committee on Asset Recovery (PCAR) as part of its efforts tostrengthen the ongoing fight against corruption, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking whi...

November 18, 2016 No Responses

Kachikwu canvasses early repairs of refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called for the prompt rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap. Speaking on Thursday at a stakeholders’...

November 18, 2016 No Responses

Export Expansion Grant resumes in 2017

The Export Expansion Grant (EEG), which was suspended in 2014 following allegations of widespread abuse and the accumulation of significant liability on the Negotiable Duty Credit Certificate (NDCCs), will resume in 2017, Minister of Industry, Trade and Invest...