Minister Archives — Page 149 of 171

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 designed to sanitize...

March 7, 2017 No Responses

Firm unveils $500M Oil exploration campaign

Oranto Petroleum is to invest $500 million to develop South Sudan’s Block B3, indicating a comprehensive exploration campaign. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the...

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

British Airways to offer less legroom

(BBC) British Airways plans to squeeze in more passengers on some planes it flies to European cities. From next year, the airline said there will be a “small increase” in the number of seats on its Airbus A320 and A321...

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 6, 2017 No Responses

LCCI, MAN, Maritime business leaders to grace Town Hall on cargo charges

The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and business leaders in the maritime industry have all geared up for a one-day town hall meeting on cargo and port handling charges. The town hall which...

March 5, 2017 No Responses

LCCI tasks state govts on land titles, multiple taxes, levies

By Moses Ebosele – The Lagos Chamber of Commerce and Industry (LCCI) on Saturday challenged States Governments in Nigeria to take a cue from the current steps of the Federal Government to improve investment environment. Commending the creation of the.....

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

NSE partners DMO, lists $1Billion FGN Eurobonds

The Nigerian Stock Exchange (NSE) will on Thursday, March 2, 2017, list $1 billion Federal Government (FGN) Eurobond issued under Nigeria’s newly established Global Medium Term Note programme. The 15-year domestic Sovereign Eurobond priced at par and at a co...

March 2, 2017 No Responses

Economic diversification: NIMASA seeks support of traditional rulers

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has solicited support of traditional rulers around the maritime domain of the country to assist the economic diversification drive of the President Mu...

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...