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Tuesday, August 20, 2019

RAK Unity Petroleum changes financial year

The Board of Directors of RAK Unity Petroleum Company Plc has reviewed its financial year calendar from March 31 to December 31. The firm...

FG Removes NAMA, NIMET, NCAT, AIB Heads; Appoints Replacement

The Federal Government has removed four heads of parastatals, including the Acting Managing Director of Nigerian Airspace Management Agency (NAMA), Director-General, Nigerian Meteorological Agency...

FG to train 1,857 youths in ICT in 2017

Huawei Technologies, on the behest of the federal government, is training 1,857 youths across Nigeria on various fields of ICT this year. The company's...

President Buhari fires FRC chief

President Muhammadu Buhari has fired Financial Reporting Council of Nigeria (FRCN) Executive Secretary/ Chief Executive Officer Mr. Jim Obazee. A statement by presidential spokesman...

CBN to meet BDC operators on forex stability

The Central Bank of Nigeria (CBN)'s officials will meet bureau de change (BDC) operators today to try to find ways to eliminate the gap...

Electricity: Geometric Power to generate 1,140mw in 2017—Nnaji

There is hope of improved power supply in 2017, as Aba, Abia State-based Geometric Power stated that it is working in partnership with foreign...

Non-implementation of gas flare penalties costs Nigeria N2.9 trillion

Lack of political will on the part of the Federal Government to enforce its own laws on gas flare penalties, has cost the country...

BoI begins indirect lending to micro entrepreneurs through MFBs

The Bank of Industry, BoI, has commenced granting loans to micro entrepreneurs in the economy through 14 microfinance banks with branches nationwide. Micro entrepreneurs...

NUPENG threatens strike at Exxon Mobil, Chevron

A Nigerian oil labour union is set to stage a three day strike at Chevron and Exxon Mobil fuel depots from tomorrow in a...

Tin Can Island Port 2 Customs generates N8.12 billion

The Tin-Can Island Port 2 Customs Command said it had generated N8.12 billion between January and December 2016. The Public Relations Officer of the...

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Greenwich Trust Lists Greenwich Alpha ETF on NSE

The Nigerian Stock Exchange (NSE) has announced the listing of the Greenwich Alpha ETF (“Greenwich Alpha”) by Greenwich Asset Management Limited, on its Daily...

Zenith Bank Declares 30 Kobo Interim Dividend For Half Year 2019

The board of directors of Zenith Bank Plc on Monday August 19, 2019, declared an interim dividend of 30 kobo for the...

FIRS boss, Fowler, To Explain Shortfall In Revenue

The Presidency has queried Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS), over shortfalls in revenue collection since the inception...