2015年3月1日 星期日

2015-03-02 Nigeria Business


The Punch
   
Power: FG, firm to generate 500MW from coal   
The Punch
The Federal Government has announced that it has entered into a partnership with an indigenous firm, One Nation Energy Limited, to generate 500 megawatts of electricity from coal. According to the government, the partnership will ensure the addition of ...

Power generation from coal strategic to industrial revolution, says Obiyo   The Guardian Nigeria

all 3 news articles »   


WorldStage
   
Reps to probe NNPC for $14.9bn NLNG profit   
The Nation Newspaper
The House of Representatives is set to probe the whereabouts of $14.9 billion (about N3 trillion) profit the Nigeria Liquefied Natural Gas (NLNG) Company paid to the Nigerian National Petroleum Corporation (NNPC). The amount represents dividends ...

Reps to probe NNPC over missing $14.9bn profi t from LNG   National Mirror
Reps to probe NNPC over $14.9b dividends from NLNG   WorldStage

all 4 news articles »   


The Guardian Nigeria
   
CBN worried over renewed interest in domiciliary accounts   
Nigerian Tribune
There are strong indications that increasing number of bank customers are becoming more interested in maintaining domiciliary accounts, a development sources close to the Central Bank of Nigeria (CBN) said has raised a lot of concern in the apex bank.
Rates remain high, as naira falls further   The Guardian Nigeria
CBN Has No Plans To Convert Domiciliary Accounts   Nigerian Observer
Manufacturers, analysts lament effects of polls shift   Daily Trust

all 7 news articles »   


The Guardian Nigeria
   
NAC fine-tunes take-off of vehicle finance scheme   
The Guardian Nigeria
OFFICIALS of the National Automotive Council (NAC) and WesBank of South Africa met in Abuja over the weekend to fine tune arrangements for the role-out and take-off of the Made-In-Nigeria Vehicle Finance Scheme, scheduled to take off later this year.
FG Plans Finance Scheme for Buying Made-in-Nigeria Vehicles   Nigerian Bulletin
NAC, WesBank Meet Over National Vehicle Finance Scheme   Leadership Newspapers
NAC, Wesbank Meet on Operational Arrangements for Vehicle Finance Scheme   THISDAY Live

all 4 news articles »   


BREAKING NEWS: Fuel scarcity hits Lagos, worsens in Abuja, others   
Osun Defender
Entrances to many filling stations in Lagos and other parts of the country remained shut to motorists on Sunday following a sharp drop in the supply of petrol to the market. Findings by The PUNCH revealed that oil marketers were no longer interested in ...

Marketers hoard fuel over subsidy payment •Fuel scarcity bites harder   Nigerian Tribune

all 2 news articles »   


Dangote Cement strategizes for higher growth, appoints new CEO   
WorldStage
As part of strategies aimed at consolidating on its successes, the management of the leading cement manufacturing company, Dangote Cement has announced the appointment of new Managing Director for the Company, Onne Van der Weijde. In his role, he ...


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IGI pays N3.5 billion claims   
The Nation Newspaper
Industrial and General Insurance Plc (IGI) has paid about N3.5 billion claims to its policy holders, the Group Managing Director, Rotimi Fashola has said. Fashola, who made this known to reporters in Lagos, said the management and board members of the ...

IGI pays N3.5bn claims   National Mirror

all 2 news articles »   


The Guardian Nigeria
   
NEXIM Bank signs $302000 grant with AfDB   
The Punch
The Nigerian Export-Import Bank has signed a financial grant with the African Development Bank for $302, 000 under the aegis of the Nigerian Technical Cooperation Fund, a major boost to efforts to facilitate the establishment of a regional maritime company, ...

AfDB Grants NEXIM Bank $302000 for Regional Maritime Project   Codewit World News
NEXIM Bank receives $302000 grant towards Sealink Project   CPI Financial
NEXIM signs agreement for US$302K financial grant   African Herald Express (blog)

all 14 news articles »   


Leadership Newspapers
   
Development Of N700bn Abuja City Centre To Begin Soon   
Leadership Newspapers
Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed has disclosed that the development of the Abuja City Centre will be executed at the cost of which will cost $3.5 billion (about N700 billion) and that the project would begin before May 29, ...


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Forensic audit: Vindicating the accused   
Nigerian Tribune
When my wife broke the news to me that Malam Sanusi Lamido Sanusi, then Governor of the Central Bank of Nigeria (CBN), had alleged in a letter to President Goodluck Jonathan that $49.8 billion of Nigeria's unremitted oil revenue was missing, suggesting ...


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