#Economy: CBN Reduces Weekly Forex Sale By 25% As Nigeria’s Eurobonds Appreciate
The Central Bank of Nigeria (CBN) last week reduced its weekly foreign
exchange sale to banks by 25 percent, even as prices of Nigeria’s Eurobond rose
amid renewed investor’s interests.
Published by the Vanguard Newspaper on
Monday, January 9, 2017
#Stakeholdersaction: Kaduna
Airport Rejection Give Foreign Airlines Option To Operate From Lagos – NANTA
The National Association of Nigeria Travel Agencies, NANTA, weekend
supported the rejection of Kaduna Airport as alternate airport by foreign
airlines operating in Nigeria following the decision of the government to close
Abuja airport runway for six weeks for repair works.
Published by the Vanguard Newspaper on Monday,
January 9, 2017
#Oil: Oil
Marketers Responsible For Cooking Gas, Kerosene Scarcity- NNPC
The
Nigerian Petroleum Company Corporation, NNPC, Yesterday, blamed oil marketers
in the country for the excruciating scarcity of kerosene and liquefied
Petroleum in the country cooking gas and the high price of the commodities
across the country.
Published by the Vanguard Newspaper on
Monday, January 9, 2017
#Education:
Promasidor Wins NIPR Best Company in Education Award
Promasidor’s Cowbellpedia
Mathematics Television Quiz Show initiative has earned it the Best Company in
Education in the 2016 at the Lagos PR Industry Gala and Awards (LaPRIGA). It
was organized by the Nigerian Institute of Public Relations (NIPR), Lagos
Chapter.
Published by the Guardian Newspaper on
Tuesday, January 10, 2017.
#Oil: Government
to Award Oil Blocks, Marginal Fields, Pass PIB This Year
The Federal Government
has unveiled a number of plans for the petroleum industry under the current
fiscal year, which include conducting a new licensing round for the award of
oil blocks and allocation of marginal fields in order to raise revenue for the
country.
Published by the Guardian Newspaper on
Tuesday, January 10, 2017
#Health: Buhari
Commends Sterling Bank over Health Initiative
President Muhammadu Buhari has
commended Sterling Bank Plc. for supporting the administration’s initiative of
providing affordable health services to Nigerians through strategic partnership
with the Ministry of Health.
Published by
the Punch Newspaper on Wednesday, January 11, 2017
#Power: Power
Sector Privatization Faulty, Says Saraki
President of the Senate, Bukola
Saraki, has described the privatization process in the power sector as faulty
and hindering the achievement of positive results.
Published by
the Punch Newspaper on Wednesday, January 11, 2017
#Oil: Oil
Workers Begin Three-Day Warning Strike Today
Femi Asu barring any last-minute
change in plan, the Nigeria Union of Petroleum and Natural Gas Workers will
commence its planned three-day warning strike today (Wednesday) over unresolved
issues with some International Oil Companies operating in the country.
Published by
the Punch Newspaper on Wednesday, January 11, 2017
#Health: FG
to Adopt New Financing Model to Strengthen Health System
The Federal Government is to adopt a
new financing model as part of efforts to strengthen the national health
system. Vice President Yemi Osibanjo disclosed this at a stakeholders meeting
to bring in private innovations in the health sector on Thursday in Abuja.
Published by
the Punch Newspaper on Thursday, January 12, 2017
#Power: Power
Generation Drops to 3,751 MW
The Transmission Company of Nigeria
(TCN) said that that the nation’s power generation capacity dropped slightly
from 3,959 megawatts from Jan. 4, to 3,751.90 megawatts on Jan. 12, due to
dearth of gas.
Published by
the Punch Newspaper on Thursday, January 12, 2017
#Energy: Energy
Supply: Discos Fail To Make Full Remittances
Despite the increase in tariff, electricity
distribution firms are not making full remittances to the Nigerian Bulk
Electricity Trading Plc. for the energy supplied to them, a situation said to
be threatening the operations of generation companies, gas suppliers and other
stakeholders in the sector.
Published by
the Punch Newspaper on Thursday, 12th Of January, 2017
#Economy:
Abuja Airport Closure’ll Affect Economy
The planned closure of the Nnamdi
Azikiwe International Airport, Abuja by the Federal Government for six weeks
from March 8 will cripple the Nigerian economy beyond that period.
Published by
the Punch Newspaper on Thursday, 12th of January, 2017
#Oil: Oil
Workers Suspend Strike
The Nigeria Union of Petroleum and
Natural Gas Workers on Wednesday suspended its three-day nationwide warning
strike after a meeting with officials of the Federal Government.
Published by
the Punch Newspaper on Thursday, 12th of January, 2017
#Economy:
Agric Sector Can Turn Nigeria’s Economy Around
The Nigerian government has voted
ninety two billion naira as budgetary allocation to the Agricultural sector
this year. According to the government, agriculture remains at the heart of its
efforts to diversify the economy.
Published by the Guardian newspaper on Friday,
13th of January, 2017
#Oil: NNPC
Seeks Increase in Royalty Oil Firms Pay to Government
The Nigerian National Petroleum
Corporation (NNPC) has proposed an increase in royalty paid by oil companies to
government as well as scrapping of investment tax credit.
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