The Punch
Oil worth $13.7bn stolen under NNPC, says NEITI
The Punch
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, on Wednesday said between 2009 and 2012, about 160 million barrels of oil valued at $13.7bn was stolen under the watch of the national ...
$13.7bn oil money stolen in three years –NEITINational Mirror
$25.3bn Oil Money Stolen In 8 Years – NEITILeadership Newspapers
NNPC: Transparency agency says $13.7bn was stolen from Oil CorporationPulse Nigeria
all 4 news articles »
The Punch
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, on Wednesday said between 2009 and 2012, about 160 million barrels of oil valued at $13.7bn was stolen under the watch of the national ...
$13.7bn oil money stolen in three years –NEITI
$25.3bn Oil Money Stolen In 8 Years – NEITI
NNPC: Transparency agency says $13.7bn was stolen from Oil Corporation
National Mirror
Power transmission peaks at 4662Mw
The Nation Newspaper
The Management of Transmission Company of Nigeria (TCN) yesterday announced that the National Grid Transmission has recorded another peak of 4662megawatt (Mw) of electricity. Its General Manager, Public Affairs, Seun Olagunju, in a statement, said ...
Again, TCN Records New Power Transmission Peak of 4662MWTHISDAY Live
Power transmission attains new peak of 4662mwNational Mirror
all 7 news articles »
The Nation Newspaper
The Management of Transmission Company of Nigeria (TCN) yesterday announced that the National Grid Transmission has recorded another peak of 4662megawatt (Mw) of electricity. Its General Manager, Public Affairs, Seun Olagunju, in a statement, said ...
Again, TCN Records New Power Transmission Peak of 4662MW
Power transmission attains new peak of 4662mw
BusinessDay
Some State lost bailout money to bank loans- Yari
BusinessDay
Governor Abdulazeez Yari of Zamfara State has said that some indebted state governments lost their bailout money to servicing outstanding loans they had obtained from banks. The money was sourced from the revenue paid to the Federation Account by the ...
Banks 'seize' indebted states' NLNG dividendTheCable
Banks grab states' NLNG dividendsThe News
Some States will Fail Without Help from FG, Says Zamfara GovernorTHISDAY Live
Leadership Newspapers
Daily Trust
all 8 news articles »
BusinessDay
Governor Abdulazeez Yari of Zamfara State has said that some indebted state governments lost their bailout money to servicing outstanding loans they had obtained from banks. The money was sourced from the revenue paid to the Federation Account by the ...
Banks 'seize' indebted states' NLNG dividend
Banks grab states' NLNG dividends
Some States will Fail Without Help from FG, Says Zamfara Governor
Leadership Newspapers
NERC Moves To Withdraw Idle Licences From Electricity Firms
Leadership Newspapers
For failing to meet the terms and conditions for their licences, the Nigerian Electricity Regulatory Commission (NERC) has served a 30-day revocation notice on 27 power generation licence holders. The move by the NERC is aimed at sanitisiting the ...
Scrap new electricity agency, Joda committee tells BuhariPremium Times
Reps moves to abolish anti-consumer practices by PHCNBusinessDay
Reps to probe electricity discosThe Guardian Nigeria (satire) (press release) (blog)
Nigerian Bulletin
WorldStage
all 20 news articles »
Leadership Newspapers
For failing to meet the terms and conditions for their licences, the Nigerian Electricity Regulatory Commission (NERC) has served a 30-day revocation notice on 27 power generation licence holders. The move by the NERC is aimed at sanitisiting the ...
Scrap new electricity agency, Joda committee tells Buhari
Reps moves to abolish anti-consumer practices by PHCN
Reps to probe electricity discos
Nigerian Bulletin
Nigeria's Refineries Should've Been Sold to Dangote - Obasanjo
Nigerian Bulletin
According to ex president Olusegun Obasanjo, Nigeria's refineries would've been sold to business mogul Aliko Dangote long ago. Speaking on a Channels program, Obasanjo gave an insight into how his successor, the late President Umaru Musa Yar'Adua, ...
and more »
Nigerian Bulletin
According to ex president Olusegun Obasanjo, Nigeria's refineries would've been sold to business mogul Aliko Dangote long ago. Speaking on a Channels program, Obasanjo gave an insight into how his successor, the late President Umaru Musa Yar'Adua, ...
The Punch
Nigeria spends $2.41bn on rice importation in three years – CBN
BusinessDay
Nigeria spent $2.41 billion on rice importation between January 2012 and May 2015, according to Godwin Emefiele, governor, Central Bank of Nigeria (CBN), on Tuesday. Emefiele said the country was spending so much on imports, and that this informed the ...
Nigeria spent $2.1billion on rice import in 3 years CBN governorWorld Grain
N474bn spent on rice imports in 41 months – CBNThe Punch
Nigeria spends over $2 billion on rice importsStarAfrica.com
all 32 news articles »
BusinessDay
Nigeria spent $2.41 billion on rice importation between January 2012 and May 2015, according to Godwin Emefiele, governor, Central Bank of Nigeria (CBN), on Tuesday. Emefiele said the country was spending so much on imports, and that this informed the ...
Nigeria spent $2.1billion on rice import in 3 years CBN governor
N474bn spent on rice imports in 41 months – CBN
Nigeria spends over $2 billion on rice imports
BusinessDay
Reps to compel telecom, oil coys to list on stock exchange
BusinessDay
The Speaker, House of Representatives, Yakubu Dogara, said it may legislate to compel multinational oil, gas and telecommunication corporations to list a certain percentage of their value on the Nigerian Stock Exchange (NSE). Dogara said this when he ...
House May Consider Legislation to Compel Multinationals to List on NSETHISDAY Live
Nigeria may compel multinationals to list on Nigerian Stock Exchange — DogaraPremium Times
Nigeria-UK Launch Emerging Capital Market TaskforceNigerian Bulletin
Daily Trust
Pulse Nigeria
all 14 news articles »
BusinessDay
The Speaker, House of Representatives, Yakubu Dogara, said it may legislate to compel multinational oil, gas and telecommunication corporations to list a certain percentage of their value on the Nigerian Stock Exchange (NSE). Dogara said this when he ...
House May Consider Legislation to Compel Multinationals to List on NSE
Nigeria may compel multinationals to list on Nigerian Stock Exchange — Dogara
Nigeria-UK Launch Emerging Capital Market Taskforce
BusinessDay
Analysts see naira rescue in keeping more FX reserves in Chinese Yuan
BusinessDay
Analysts concerned about the falling value of the naira are calling for the diversification of the management of the country's foreign reserves and holding more of this in yuan, in order to put a halt to what they say is a threat to the economy ...
Rewane: Fuel Subsidies Must be Removed at All CostTHISDAY Live
Bismarck Rewane Backs Removal of SubsidyDaily Times Nigeria
all 3 news articles »
BusinessDay
Analysts concerned about the falling value of the naira are calling for the diversification of the management of the country's foreign reserves and holding more of this in yuan, in order to put a halt to what they say is a threat to the economy ...
Rewane: Fuel Subsidies Must be Removed at All Cost
Bismarck Rewane Backs Removal of Subsidy
http://www.newmail-ng.com/ (satire) (press release) (subscription) (blog)
FCMB Group declares N8.3bn half-year profit
The Punch
FCMB Group Plc on Wednesday declared a profit after tax of N8.3bn for the half-year ended June 30, 2015, 13 per cent lower than the N9.576bn it made in the same period last year. Although the group grew its gross earnings by 11 per cent from N69.620bn ...
FCMB nets N9.6bn profit in six monthshttp://www.newmail-ng.com/ (satire) (press release) (subscription) (blog)
all 2 news articles »
The Punch
FCMB Group Plc on Wednesday declared a profit after tax of N8.3bn for the half-year ended June 30, 2015, 13 per cent lower than the N9.576bn it made in the same period last year. Although the group grew its gross earnings by 11 per cent from N69.620bn ...
FCMB nets N9.6bn profit in six months
Bloomberg
Nigeria Closes Rice Importer Warehouses Over Unpaid Custom Fees
Bloomberg
Nigeria's customs office is shutting down the warehouses and offices of four rice importers, including Singapore-based Olam International Ltd., over unpaid fees. Customs are demanding 23.6 billion naira ($119 million) in fees owed for more than 750,000 ...
Rice Investors Decry Action On Retrospective DutyLeadership Newspapers
Controversy Shrouds Customs Action on Rice InvestorsThe Guardian Nigeria (satire) (press release) (blog)
Customs seal 4 major rice importing firms over ₦23.6 bn debtBusinessDay
News24 Nigeria
Daily Sun
DailyPost Nigeria
all 25 news articles »
Bloomberg
Nigeria's customs office is shutting down the warehouses and offices of four rice importers, including Singapore-based Olam International Ltd., over unpaid fees. Customs are demanding 23.6 billion naira ($119 million) in fees owed for more than 750,000 ...
Rice Investors Decry Action On Retrospective Duty
Controversy Shrouds Customs Action on Rice Investors
Customs seal 4 major rice importing firms over ₦23.6 bn debt
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