We don’t have $3.5bn Subsidy Fund -NNPC

By Etuka Sunday The Nigerian National Petroleum Corporation (NNPC) has denied the allegation that it has in its custody $3.5billion Subsidy fund. NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, in a release today in Abuja, explained that at the hit of the shortage of products supply at the close of last year, the National More...

by Peoples Daily | Published 2 days ago
By Peoples Daily On Wednesday, October 17th, 2018
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FG extends Verification Exercise Of Airways Ex-workers

By Etuka Sunday The Federal Government has extended the ongoing verification exercise of Nigeria Airways Limited former workers and assured that the exercise will not end until everybody is captured. The Minister More...

By Peoples Daily On Wednesday, October 17th, 2018
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Nigeria’s Inflation Rate rises to 11.28% -NBS

By Etuka Sunday Data from the National Bureau Statistics (NBS) has shown that the nation’s Inflation rate has risen to 11.28%. NBS said, the consumer price index, (CPI) which measures inflation increased by 11.28 More...

By Peoples Daily On Tuesday, October 16th, 2018
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Gas supply: Nigeria looks beyond Niger Delta, targets North – Kachikwu

By Etuka Sunday The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday told the world that Nigeria was looking beyond the Niger Delta in its quest to find alternative source for gas supply. Kachikwu More...

By Peoples Daily On Tuesday, October 16th, 2018
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NNPC launches Virtual Gas Pipeline System

… as Gas Reserves hit 202trn Cubic Feet By Etuka Sunday A major stride in the drive for optimization of the nation’s vast gas resources has been recorded with the execution of a novel contract between the More...

By Peoples Daily On Tuesday, October 16th, 2018
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FG moves for successful re-concession of Lagos Trade Fair Complex

By Etuka Sunday The Minister of Industry, Trade and Investment, Dr. Okechukwu Enyinna Enelamah has said that the Federal Government was ready to provide indemnity to ensure that the re-concessioning of the Lagos More...

By new On Monday, October 15th, 2018
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FG calls for action on critical human capital challenges in Nigeria

By Etuka Sunday The Federal Government of Nigeria has called on all stakeholders, including community service organizations, the private sector, traditional leaders and development partners, to foster a national More...

By new On Monday, October 15th, 2018
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2019: SEC allays fears on market performance

Acting SEC-DG Mary Uduk By Etuka Sunday Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has assured investors in the Capital Market that there is nothing to fear on the performance More...

By new On Monday, October 15th, 2018
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Finance Corporation acquires $300m from China’s EXIM Bank

From Ngozi Onyeakusi, Lagos Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has announced its successful acquisition of a $200million 5-year loan and $100million More...

By new On Monday, October 15th, 2018
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NCDMB lauds Dangote Refinery on local content

By Etuka Sunday Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) over its adherence to the local More...