Nigeria Archives — Page 576 of 672

March 28, 2017 No Responses

CBN to Banks: Make dollar available at N360

Commercial banks in the country will no longer sell the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances, the Central Bank of Nigeria (CBN) declared on Monday. According to CBN, Nigerians can...

March 28, 2017 No Responses

CMA CGM, PSA Singapore start 2nd phase of box terminal JV

(WMN)–French container shipping company CMA CGM and PSA Singapore, a subsidiary of PSA International, launched the second phase of their container terminal joint venture in Singapore on March 27. The CMA CGM – PSA Lion Terminal (CPLT) started operati...

March 27, 2017 No Responses

Customs comes under scrutiny over alleged N4tri revenue leakage

Citing alleged revenue leakage in the Nigeria Customs Service (NCS) between 2006 and 2016, the Senate Committee on Customs, Excise and Tariff has commenced an intense investigation. Speaking on Sunday in Abuja, the Chairman of the committee, Hope Uzodinma,...

March 27, 2017 No Responses

$184m crude swap under-deliveries: Taleveras makes $17m commitment

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide members of the public with up-to-date information on the ongoing effort by the Corporation to sanitize the record books through reconciliation of the transactions executed during the def...

March 27, 2017 No Responses

Kaduna Airport records 43,000 passengers in 11 days

More than 43,000 passengers passed through the Kaduna Airport in its first 11 days of operations as the alternative to the Abuja Airport, latest data submitted to the Presidency by the Federal Government Coordinating Committee overseeing the management of the....

March 27, 2017 No Responses

‘Illegal refineries’ in Niger Delta to get crude supply from FG

Details of the President Muhammadu Buhari’s New Vision for oil-producing communities in the Niger Delta is emerging as an idea is now being worked out to explore how some of the illegal refiners and the local communities in the region...

March 27, 2017 No Responses

Tony, evicted Big Brother Naija housemate, lauds Heritage Bank for promoting Nigeria culture

Evicted housemates at the ongoing Big Brother Naija reality TV show, Offiong Edet Anthony (Thin Tall Tony), visited Heritage Bank Corporate Communication office in Lagos over the weekend. Thin Tall Tony as he is famously addressed and Omobolaji Mogaji, Media.....

March 26, 2017 No Responses

‘How to tackle corrupt Vice Chancellors’

To successfully tackle corruption in Nigerian Universities, Vice Chancellors accused of corruption must be arrested and prosecuted by the Economic and Financial Crimes Commission (EFCC), the Senior Staff Association of Nigerian Universities (SSANU), has said A...

March 26, 2017 No Responses

Laptop ban on flights comes into effect

(BBC)–A ban on laptops and tablets in cabin baggage on flights from Turkey and some countries in the Middle East and North Africa to the US and UK has come into effect. Officials say devices “larger than a smartphone” must...

March 26, 2017 No Responses

Edo, WHO partner to improve state’s healthcare

The government of Edo State has revealed that it would collaborate with the World Health Organisation (WHO) to improve the state’s health care delivery, especially for those under 15 years of age in the state. The state Governor, Mr Godwin...

March 25, 2017 No Responses

Audi A8 explains single, long-wheelbase for 2017

For 2017, Audi A8 is a large luxury sedan offered in a single, long-wheelbase “L” body style. The lineup consists of the six-cylinder 3.0T and the eight-cylinder 4.0T Sport. Also, the 2017 Audi A8 4.0T Sport receives a turbocharged 4.0-liter...

March 25, 2017 No Responses

NNPC lauds Taleveras, to recover $184m crude SWAP under-deliveries from firms

Citing its cooperative attitude in the ongoing reconciliation of transactions in the defunct crude for products arrangement, the Nigerian National Petroleum Corporation (NNPC) has commended Taleveras, one of Nigeria’s oil companies. Group Managing Director (...

March 25, 2017 No Responses

Whistle-blowers: FG gets 2,251 tips, enquiries, others in three months

Between December 2016 and March 24, 2017, the Federal Government through various whistleblower channels received 2,251information including enquiries, tips, compliments and general advice from the public. According to Festus Akanbi, the media assistant to the ...

March 25, 2017 No Responses

NSE places UNIC Insurance on full suspension

The Nigerian Stock Exchange (NSE) has placed ordinary Shares of UNIC Insurance Plc on full suspension with effect from March 22, 2017. According to the NSE, “This is in compliance with the process required for the approved Scheme of arrangement...