Business Archives - Page 282 of 482

Business

Nigeria loses N137.9bn monthly on shipment of crude oil

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10 years ago

The president, Nigeria Indigenous Ship Owners Association (NISA), Aminu Umar, said the nation was losing 700 million dollars monthly (N137.9…

Buhari pledges speedy completion of Mambilla Power project

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10 years ago

President Muhammadu Buhari on Wednesday in Beijing pledged that his administration would honour all agreements concluded between Nigeria and China…

NNPC spends $1.8bn every 90 days for fuel import

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10 years ago

The Nigeria National Petroleum Corporation (NNPC) said on Wednesday that it spends $1.8 billion in 90 days to import fuel.…

NNPC spends $1.8bn on fuel import per quarter

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10 years ago

The Nigeria National Petroleum Corporation (NNPC) said on Wednesday that it spends $1.8 billion in 90 days to import fuel.…

Port Harcourt refinery begins production again – NNPC

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10 years ago

Nigeria has restarted the Port Harcourt refinery, which has a capacity of 210,000 barrels a day, a spokesman for state…

LCCI commends FG on yuan pact

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10 years ago

The Lagos Chamber of Commerce and Industry (LCCI) has lauded the Federal Government for signing an agreement with China to…

Lagos-Calabar rail project included in amended budget – Udo Udoma

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10 years ago

The Ministry of Budget and National Planning has weighed in on the controversies over the 2016 budget on Tuesday, affirming…

Queues reduce in Abuja as NNPC pumps petrol

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10 years ago

The fuel supply and distribution situation has drastically improved in Abuja and its environs as the long fuel queues have…

Dangote signs $2bn Chinese bank loan for two cement plants

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10 years ago

Dangote Group, the company owned by Africa’s richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion…

China: CBN, ICBC agree deal on yuan

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10 years ago

Industrial and Commercial Bank of China Ltd (ICBC) , the world’s biggest lender, and Nigeria’s central bank on Tuesday signed…

Nigeria’s inflation under Buhari rises to almost 4-year high

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10 years ago

Nigeria’s annual inflation rose to a near four year high of 12.8 per cent in March from 11.4 percent in…

We do not divert petroleum products – PTD

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10 years ago

Petroleum Tankers Drivers (PTD) said their members were not involved in diversion of petroleum products to neighboring countries. This was…

President of Panama says tax evasion a global problem

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10 years ago

The President of Panama, Juan Varela, has criticised the singling out of his country for the various tax dodging schemes…

CBN ready to create jobs through local production – Emefiele

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10 years ago

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has assured genuine investors of cooperation and support toward self-sufficiency in…

NDDC lauds NASS for forcing oil coys to remit tax

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10 years ago

The Niger Delta Development Commission (NDDC) has applauded the National Assembly Joint Committee on NDDC for compelling oil firms operating…

Economic Crunch: Nigerian internet users reduce by over 2 million

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10 years ago

The Nigerian Communications Commission (NCC) on Saturday said that internet users on Nigeria’s telecommunications networks reduced to 93.75 million as…

N1.27bn Oil Spill Palliative: Mobil begins Eket projects

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10 years ago

Mobil Producing Nigeria Unlimited, a subsidiary of ExxonMobil, has commenced the construction of projects in Eket communities of Akwa Ibom,…

Ntel unveils first mobile 4G/LTE service in Nigeria

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10 years ago

ntel, Nigeria’s most advanced 4G/LTE network has announced the commencement of its phased and paced commercial operations with bumper offers…

Nigeria gets $200m from oil coys to pay for fuel imports -NNPC

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10 years ago

Nigeria will get $200 million in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol…

Why Nigeria is in foreign exchange crisis – Segun Agbaje

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10 years ago

The Managing Director, Guarantee Trust Bank Plc (GTB), Mr Segun Agbaje, has stated that the decline in oil price at…

CBN approves two super agents to distribute banking services

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10 years ago

Mrs Tokunbo Martins, the Director, Banking Supervision Department of the Central Bank of Nigeria (CBN), says the bank has approved…

Facebook Messenger hits 900 million users

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10 years ago

fac Facebook Messenger has hit 900 million users worldwide. The widely used messaging application has also announced that it is…

Delta State signs 500 megawatts MoU

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10 years ago

Okafor Ofiebor/Port Harcourt Delta State Government has taken a quantum leap to boost power generation in the state when it…

2016 budget will be well managed – Udoma

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10 years ago

An assurance has been given that the 2016 budget will be well managed to achieve the economic growth level Nigerians…

Ajimobi seeks Customs/community partnership to curb smuggling

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10 years ago

GBENRO ADESINA/IBADAN Oyo State Governor, Abiola Ajimobi, has advocated the creation of “Customs-Community Relations Groups” that would be saddled with…

Shiroro power to increase generation by 300mw

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10 years ago

The Shiroro Hydro Power Station (SHPS) will soon double its operating capacity of 300mw through solar plant. Alhaji Dauda Abdulaziz,…

Facebook launches Agency Ambassador programme for Africa

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10 years ago

Facebook has launched an Agency Ambassador Programme for Africa as part of its drive to equip its agency partners with…

Estimated billings: NERC asks consumers to complain to its office

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10 years ago

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday asked consumers whose Distribution Companies (DISCOS) over-billed them through estimated bills tocomplain…

Giant Vitamin Water berths in Nigerian market

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10 years ago

Giant Vitamin Water drink has been introduced into the Nigerian market. The new drink is produced by Giant Beverages Limited…

By Thursday there would be no queues in Abuja, Lagos – Kachikwu

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10 years ago

The Minister of State for Petroleum, Dr. Ibe Kachikwu, has reiterated the commitment of NNPC to end the lingering fuel…

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