2015年9月27日 星期日

2015-09-28 Nigeria Business


Vanguard
   
NNPC not broke, despite huge debts – Kachikwu   
Vanguard
LAGOS—The Nigerian National Petroleum Corporation, NNPC, said, weekend, that despite losing N230billion annually from marketing and refining operations, the Corporation was not broke. It also disclosed that it owes over $6billion in cash call arrears.
PPMC accounts for 200bn loss in NNPC operations yearly – Kachikwu   National Mirror
Open letter to Dr Emmanuel Ibe Kachukwu, Group MD, NNPC   Daily Sun
NNPC loses N250bn yearly through PPMC –GMD   The Punch
Leadership Newspapers   
The Guardian Nigeria (satire) (press release) (blog)   
WorldStage   
all 40 news articles »   


Vanguard
   
Nigerian economy heading for recession   
Vanguard
On August 31, 2015 in this column, we warned the nation that in the absence of a fiscal policy, the economy is heading toward recession. Last Tuesday, the CBN Monetary Policy Committee warned also that the economy is sliding toward recession.
Appointment of turnaround managers, revival plans seen as antidotes to recession   BusinessDay
Economy already in recession, TUC tells CBN governor   The Punch
The economy, the economy   The Nation Newspaper
The Guardian Nigeria (satire) (press release) (blog)   
all 8 news articles »   


Vanguard
   
Ahead of October 31 deadline: 32m account holders yet to register for BVN   
Vanguard
The Central Bank of Nigeria (CBN) has said that 32 million active bank accounts have yet to be enrolled on the Biometric Verification Number (BVN). In a statement in Abuja weekend, Alhaji Mu'azu Ibrahim, CBN Director, Corporate Communications, said ...

32 million customers yet to get BVN   The Punch
BVN: 30m customers risk restriction from bank accounts   Daily Sun
BVN: Group Calls For Adequate Sensitisation In Rural Communities   Leadership Newspapers

all 8 news articles »   


DailyPost Nigeria
   
Governor Obiano recounts achievement in 18 months, solicits support   
DailyPost Nigeria
Willie Obiano Gov. Willie Obiano of Anambra has said that his administration's achievements within 18 months, included attracting 2.4 billion dollars investments to boost the state's economy. The governor also disclosed that the state's internally ...
24 Years After… Anambra Still In Search For A Befitting Capital   The Guardian Nigeria (satire) (press release) (blog)
Obaino: "I attracted $2.4 billion to the economy in 18 months," Anambra ...   Pulse Nigeria
My dream of a new Anambra: The journey so far, by Willie Obiano   The Eagle Online
Daily Trust   
all 7 news articles »   


The Guardian Nigeria
   
Unilag, Uniben, ABU students for Shell Eco-marathon   
The Nation Newspaper
Students of three Nigerian universities have built cars that will feature at the Shell Eco-marathon, Africa (SEMA) in South Africa from October 2 to 4. They are sponsored by the Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture.
Three Nigerian-university-built cars to compete at Shell Eco-marathon   The Guardian Nigeria (satire) (press release) (blog)
SPDC JV sponsors three Nigerian universities to Shell Eco-marathon   The Eagle Online
Shell Joint Venture sponsors three Nigerian universities to Shell Eco-marathon   http://www.newmail-ng.com/ (satire) (press release) (subscription) (blog)

all 5 news articles »   


TheCable
   
Army seizes boats, N3.4m diesel in Rivers   
The Nation Newspaper
The Operation Pulo Shield (OPS) in Port Harcourt, the Rivers State capital, have seized 2.3 million litres of allegedly stolen diesel worth N3.45 million from an illegal bunker. The petroleum product was siphoned from the Nigerian National Petroleum ...

Army seizes eight boats, 2.3m litres of stolen diesel   The Guardian Nigeria (satire) (press release) (blog)

all 12 news articles »   


Leadership Newspapers
   
UN Rallies Support To End Poverty In Africa   
Leadership Newspapers
The United Nations would continue to support African leaders to end poverty and usher in a better future the people, Secretary-General of the world body, Ban Ki-Moon said on Saturday. Ban gave the remark at a high-level joint event entitled ...

Buhari urges African countriees, partners to enhance collaboration for ...   The Guardian Nigeria (satire) (press release) (blog)
Fixing challenges of industrialization, a catalyst for Africa's future in the ...   BusinessDay
Africa should achieve full access to power by 2025 – AfDB's Adesina   Medafrica Times

all 10 news articles »   


Court hears electricity tariff suit Nov 24   
The Punch
A Federal High Court in Lagos has adjourned till November 24, 2015, a suit challenging the proposed increment in electricity tariff. A Lagos-based lawyer, Toluwani Adebiyi, instituted the action in May, following the announcement of the proposed hike ...
Tariff Review: IBEDC presents new plan Tuesday   National Mirror

all 2 news articles »   


Daily Times Nigeria
   
Why EPA dangerous to Nigeria's manufacturing sector   
BusinessDay
Manufacturers consider the Economic Partnership Agreement (EPA) being proposed to the Economic Community of West African States (ECOWAS) by the European Union as a Greek gift, citing inherent dangers it poses to the struggling productive sector of ...

The implications of CET for Nigerian products   Daily Times Nigeria

all 2 news articles »   


Vanguard
   
Emmanuel orders restoration of electricity to A-Ibom LG after 5yrs power outage   
Vanguard
OKOBO—GOVERNOR Udom Emmanuel of Akwa Ibom State, weekend, ordered the immediate restoration of electricity to Okobo Local Government Area of the state that has been without power in the past five years. This came as he flagged-off the ...

Alwa Ibom Govt commences road construction, restores electricity in Okobo LGA   WorldStage

all 2 news articles »   

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