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Civil servants fault Okonjo-Iweala on N1.8tn wage bill

Minister of Finance, Dr. Ngozi Okonjo-Iweala| credits: saharareporters.com The Association of Senior Civil Servants of Nigeria has asked the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to ...

CIPMN tasks FG on indigenous oil exploration

The Chartered Institute of Personnel Management of Nigeria has urged the Federal Government to encourage indigenous operators in the exploration, refining, distribution and exportation of ...

Bayelsa demolishes structures of popular night club

Bayelsa State Capital City Development Authority has demolished some structures of popular night club, Bolex. The CCDA during the week put their bulldozer to work and ...

FCT residents seek development of satellite towns

Residents of Abuja on Tuesday, lauded the Senate for approving the N271bn 2014 budget proposal submitted to it by the Ministry of the Federal Capital ...

KEDC injects N500m to improve power supply

The new owners of the Kano Electricity Distribution Company, Sahelian Power SPV Limited, said it had injected over N500m into the KEDC since takeover in ...

USAID spends $4m on Bauchi water sector

USAID has spent $4m (N640m) in the past three years in its effort at ensuring availability of potable water in Bauchi State. Team Leader , USAID ...

Ondo grants traders N80m loan

The Ondo State Micro-Credit Agency, says it has disbursed N80m as loan to small scale entrepreneurs in the last six months in the state.The General Manager ...

Yahoo buys app analytics firm Flurry

Yahoo has acquired an app analytics firm, Flurry, to help boost its advertising revenue from smartphones. Flurry helps app developers analyse data about their users and ...

35 tank farms groan under Apapa four-week gridlock

A tank farm owner, Mr Danladi Thomas, on Friday said tank farms located in Apapa area of Lagos State performed below 50 per cent capacity due mainly ...

Downstream players in Nigeria's petroleum industry urged to expand capacity

Downstream players in Nigeria’s petroleum industry have been challenged to expand capacity through the construction of refineries to become net producers of petroleum products in ... Full story

Naira Slides Against The Dollar

The naira, on Monday, weakened against the US dollar, losing N0.44 kobo at the interbank market. The naira closed at N159.04/$ on Monday, compared to N158.60/$ ... Full story

Nigeria seeks financial advisers for a $100 million diaspora bond

Nigeria is looking for an international bank and a local lender to act as financial advisers for a $100 million diaspora bond to be issued ... Full story

Oil Thieves Drag Nigeria's National Economy, Global Markets Down

Hidden by mangrove trees in the murky swamps of Nigeria's southern Delta region, a thief stealthily bores a hole into a giant oil pipeline. The ... Full story

Virgin Air Allows Passengers To Send Drinks and Chat With Each Other

 For the shy guys, its flirting made easy as Virgin Launches new system that allows you to send a drink to a fellow passenger and ... Full story

NCC - Nigerians spent N223bn talking on telephone in 2012

Nigerians spent N223 billion or about N22.3 billion minutes talking on telephone in 2012, according to information provided by a global consulting firm, Price- WaterHouseCooper ... Full story

House of Representatives query $6m monthly payments to ASYCUDA firm

The House of Representatives Committee on Customs has described Web Fontaine, which powers the Automated System of Customs Data (ASYCUDA), as a drainpipe as the ... Full story

Gunmen Release Nigerian Oil Vessel Seized Off Ivory Coast; 5,000 Metric Tons Of Fuel Gone

Gunmen who hijacked an oil tanker last week near Ivory Coast’s port of Abidjan have released it after taking the cargo, the Nigerian ship owner ... Full story

Angry Unpaid Workers Ask Former Gov. Daniel To Close Down Nigerian Compass

Staff of the Nigerian Compass newspaper stunned the publishing firm’s Managing Director, Sina Kawonise, by asking him to tell former Governor Gbenga Daniel to close ... Full story

Okonjo-Iweala: Nigeria loses N2tn annually in maritime sector

Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said Nigeria loses more than N2tn annually to capital flight following inability of indigenous ship owners to fully ... Full story

President Jonathan Approves New NNPC Board of Directors

President Goodluck Jonathan, has today approved the constitution of a new Board for the Nigerian National Petroleum Corporation (NNPC). The new Board is made up of ... Full story

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Mainstreet Bank, formerly Afribank Plc sacks 800 workers

THE management of Mainstreet Bank Plc, formerly Afribank Plc, Friday, sacked no fewer than 800 workers despite the Federal Government’s directive to the management of ... Full story

Air Nigeria suspended by NCAA over financial distress

Air Nigeria, the airline belonging to business mogul, Barrister Jimoh Ibrahim, has been suspended by the Nigerian Civil Aviation Authority, NCAA, allegedly because the airline ... Full story

Mallam Lamido Sanusi wears chieftaincy robe to office

The Governor, Central Bank of Nigeria, Mallam Lamido Sanusi, on Wednesday caused a stir at the bank’s headquarters in Abuja when he appeared in his ... Full story

Arumah Oteh, SEC Director-General Petitions Presidency, Finance Minister over suspension

Director-General of the Securities and Exchange Commission, SEC, Tuesday, petitioned the Presidency and other relevant authorities over her suspension from office by the Board of ... Full story

NPA retirees wants Bode George barred from public office

BY GODWIN ORITSE THE Pensioners Welfare Association of the Nigerian Ports Authority (NPA) has condemned the way and manner members of the People Democratic Party (PDP) ...

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