News Archives — Page 612 of 615

September 4, 2015 No Responses

FAAN arrests suspect with N54.3million

AN officials of the Federal Airports Authority of Nigeria (FAAN) has arrested a suspect over alleged attempt to traffic $271.14m (N54.35bn) through the Murtala Muhammed Airport, Ikeja. In a statement, the FAAN Deputy General Manager, Corporate Affairs, O...

September 4, 2015 No Responses

Lawyer drags Buhari to Court over appointment of Ali as Customs boss

A lawyer based in Enugu, Ifeanyichukwu Okonkwo has filed a suit at the Federal High Court Umuahia, Abia state challenging the constitutionality of the appointment of Col. Hameed Ibrahim Ali (rtd) as the Comptroller-General of the Nigeria Customs Service by.....

September 4, 2015 No Responses

Dangote Cement to Generate Jobs in Cameroon

The Managing Director of Dangote Group, Onne Vander Weijde, has declared the preparedness of the company to create about 150 to 300 jobs in Cameroon. In an interview with CNBC, he said: “Thousands of jobs are being created [indirectly] through...

September 4, 2015 No Responses

Warri refinery gets 90-day Ultimatum

THE Nigerian National Petroleum Corporation (NNPC) has challenged the management of Warri Refining and Petrochemicals Company (WRPC) to commenced full production within 90 days. Group Managing Director of NNPC, Dr. Ibe Kachikwu, who gave the ultimatum during ...

September 4, 2015 No Responses

FG reveals Buhari, Osinbajo assets

The Federal Government has disclosed details of the assets of President Muhammadu Buhari and Vice President Yemi Osinbajo, as declared to the Code of Conduct Bureau. A statement issued by Senior Special Assistant to the President (Media and Publicity), Garba...

September 4, 2015 No Responses

UBA declares 20k interim dividend

FOREMOST financial services group, United Bank for Africa (UBA) Plc, has announced its audited 2015 half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to provide value...

September 3, 2015 No Responses

NNPC refutes agenda to sell refineries

The Nigerian National Petroleum Corporation (NNPC) has denied any agenda to sell existing refineries. However, NNPC clarified that it may consider encouraging joint venture investments in the facilities. In a statement, the Group Managing Director of the...

September 3, 2015 No Responses

Govt probes NIMASA projects

The Federal Ministry of Transport has constituted a committee to carry out verification of all projects currently being executed by the Nigerian Maritime Administration and Safety Agency (NIMASA). The committee which has members drawn from the Federal Ministry...

September 2, 2015 No Responses

NNPC to tackle oil theft with drones

Nigeria National Petroleum Corporation (NNPC) has announced plans to deploy drones to monitor the movement of oil bearing vessels across the nation’s waterways. The Group Managing Director of NNPC, Dr. Ibe Kachikwu, explained that from June 2014 to June 20...

September 2, 2015 No Responses

Customs impounds bullet-proof Toyota SUVs

FOR allegedly bringing the vehicles into Nigeria illegally, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘C’ Owerri has impounded 13 new vehicles, including two bullet-proof Toyota Prado Sports Utility Vehicles (SUVs). The Custo...

September 2, 2015 No Responses

Odegbami to contest FIFA Presidency

Segun Odegbami has joined the race for FIFA Presidency. The election is expected to produce the successor of Joseph Sepp Blatter as President of the World soccer-governing body. Candidates have until October 26, 2015 to come forward to signify interest.....

September 1, 2015 No Responses

Nigeria exports N2.1trillion petroleum products in Q2

The Federal Government exported not less than N2.1trillion petroleum products in the second quarter of this year (2015). Information put together by the National Bureau of Statistics (NBS) explained that this represents a 73.7 per cent of the value...

August 31, 2015 No Responses

Customs generates N20.1b at MMIA

BETWEEN January and July, the Nigerian Customs Service (NCS) at the Murtala Muhammed International Airport (MMAI) Command generated N20.111 billion revenue. Also within the period, the command the Lagos airport command of NCS said it collected over N5.20...