Information Archives — Page 474 of 485

January 12, 2017 No Responses

NNPC Refineries resume production of Kerosene, Diesel

The Nigerian National Petroleum Corporation’s three refineries in Kaduna, Port Harcourt and Warri have resumed production of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK), otherwise known as diesel and kerosene respectively. NNPC in a statement issued by Group...

January 12, 2017 No Responses

NLNG refutes LPG price increase, blames jetty unavailability, market price distortions

The Nigeria LNG on Wednesday disclosed that its dedicated LPG vessel has been unable to discharge LPG at the Apapa port since 29th December 2016 “due to jetty unavailability, resulting in temporary product shortages in the market”. However, the company.....

January 12, 2017 No Responses

Emission: VW pleads guilty, to pay $4.3 Billion

By Tom Schoenberg, Christoph Rauwald and David McLaughlinBloomberg Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal...

January 12, 2017 No Responses

Nigeria unveils plan to end hunger by 2030

The Federal Government has launched strategic plan and roadmap to achieve zero hunger by 2030. The plan tagged: “Synthesis Report of the Nigeria Zero Hunger Strategic Review” articulates what Nigeria needs to do to achieve Sustainable Development G...

January 12, 2017 No Responses

TinCan Island Port generates N256.4b in 2016

Between January and December 2016, the Tincan island command of Nigeria customs service (NCS) generated n256.4 billion, compared with N266.1 billion in the previous year. The command attribute the slight drop to some factors beyond its control. In a statement...

January 11, 2017 No Responses

Step up your engagement, Osinbajo tells anti-corruption agencies

Anti-Corruption agencies in the country have been urged to step up their engagement with the Nigerian public especially because “there are still those who think when a politician who is their kinfolk steals, it is permissible”. Vice President Yemi Osinbajo...

January 11, 2017 No Responses

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond would be rolled out in March this year. Speaking on Tuesday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...

January 11, 2017 No Responses

FG awards contract for repair of Abuja-Kaduna road

Sequel to the planned usage of the Kaduna International Airport for flights in and out of Abuja, while the runway of the Nnamdi Azikwe International Airport, Abuja undergoes rehabilitation works, the Federal Government has awarded a contract for the emerge...

January 11, 2017 No Responses

‘Crew kidnappings reach decade high in 2016’

More crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its lowest levels since 1998, according to the ICC International Maritime Bureau’s (IMB) annual piracy report. In its 2016 report,...

January 10, 2017 one Response

FG reconstitutes FRC board, suspends Code

President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRC). He has appointed a Chairman and a new Executive Secretary f...

January 9, 2017 No Responses

2016: Rolls-Royce records second highest sales in 113 years

Rolls-Royce Motor Cars has announced its second highest ever annual sales result in the marque’s 113-year history, up 6% on its 2015 results. in 2015, a total of 4,011 cars were delivered to customers in more than 50 countries, affirming...

January 9, 2017 No Responses

Heritage Bank empowers 35 entrepreneurs with N50m

Heritage Bank Plc has provided N50million in Grants to 35 entrepreneurs under its Young Entrepreneurs & Students Grant Scheme (YESGrant). In partnership with the Nigerian Young Professionals Forum (NYPF), the Grant according to the Bank was awarded to abou...

January 9, 2017 No Responses

‘Beneficiaries of the conditional cash transfer were identified before May 29, 2015’

Details are emerging on how the Federal Government determined the beneficiaries of the Conditional Cash Transfer who are now receiving the N5000 monthly stipends across the nine pilot States. According to the Senior Special Assistant on Media & Publicity...

January 8, 2017 No Responses

Edo to introduce POS for revenue collection, targets 10,000 jobs

Edo State Governor, Mr. Godwin Obaseki has set up modality for the employment of 10,000 workers inline with his promise to create 200,000. Under the arrangement, the State Government is to establish an electronic platform that will collect revenue...