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Nigeria
Stop senseless killings, Anglican Church tells Buhari
Tony Okafor, Awka The Primate of Church of Nigeria, Anglican Communion, Archbishop Nicholas Okoh, has asked President Muhammadu Buhari to find ways to stop the killing of Nigerians across the country. Okoh said it was the duty of the Federal Government to protect the lives and property of Nigerians in ...
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Nigeria
CBN moves to check forex abuse in banks
The Central Bank of Nigeria (CBN) has deployed mystery shoppers to commercial banks to guard against foreign exchange abuse by the lenders. The CBN, Fidelity Bank Plc Managing Director Nnamdi Okonkwo said yesterday, is particular about ensuring that banks disburse funds meant for Business Travel Allowances (BTAs) and Personal Travel ...
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Nigeria
Bonny NLNG’s gross revenue hits $90b
• NNPC seeks passage of PIB Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru yesterday said the Bonny NLNG is one of the biggest success stories of the oil and gas industry since it came on stream in 1995. He said the project has generated $90 ...
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Nigeria
Fed Govt to save $200m from fertiliser initiatives
The President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh, has said the Presidential Fertiliser Initiative will save the Federal Government about $200 million in foreign exchange (forex). He spoke yesterday while monitoring the fertiliser project in Kaduna State. He said it was a Public Private ...
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Nigeria
Total Nigeria’s “Triple-A Challenge” rewards sales excellence
Total Nigeria Plc recently held a series of events tagged “Triple-A Challenge” as part of effortsto motivate staff, reward its dealers and increase sales of its products. The Triple-A Challenge events were held in 3 cities covering all its sales territories; Lagos for the Western sales territory, Port Harcourt for ...
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Nigeria
MAN Diesel & Turbo To Install Compressors, Turbines For Dangote Refinery
With a double-digit million dollar order volume, Germany-based MAN Diesel & Turbo will deliver two compressor trains to Dangote Oil Refining Company. Dangote Corporation is currently building Africa’s largest refinery in the Lekki Free Trade Zone of Lagos State, investing a total of around $12 billion. “This one we are ...
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Nigeria
Police Promotes 28,627 Rank And File
The Nigeria Police has promoted 28,627 rank and files to their next rank. According to a statement by the Force public relations officer, CSP Jimoh Moshood, the promotion is in line with measures to boost the morale of the Police personnel towards an effective and efficient service delivery to the ...
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Nigeria
Banks Seek Customers To Buy Surplus Forex
Commercial banks are now seeking customers to buy the surplus foreign currencies they have after the Central Bank of Nigeria (CBN) continually flooded the market with foreign exchange. It would be recalled that in an effort to support and shore-up the value of Naira, the CBN resolved to flood commercial ...
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Nigeria
Fertiliser Production: FG Initiative Saves N60b for 2017-FEPSAN
The President, Fertiliser Producers and Suppliers Association of Nigeria (FEBSAN), Thomas Etuh has said the Presidential Fertiliser Initiative has eliminated subsidy on fertiliser by saving at least N60billion in budgetary Provisions in fertiliser supply for 2017. He also said the initiative “would boost foreign exchange savings of $200 million by ...
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Algeria
Le gouvernement s’attaque aux minoteries
La semaine dernière, depuis Annaba où il présidait la 20e réunion tripartite gouvernement-UGTA-patronat, le Premier ministre, Abdelmalek Sellal, a fait remarquer que le paysage industriel du pays comptait de nombreuses minoteries. «Nous avons atteint la saturation», a-t-il noté. Une remarque qui intervient au moment où le ciblage des subventions fait ...