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Chief Lawson Obasi, the National President of IPMAN, told newsmen in Port Harcourt, Rivers State that spreading of petroleum products to other coastal depots across the country would end current scarcity

Fayemi said the country needs to learn how Australia has been able to drive its country’s mining sector, which accounts for 8.5 per cent of the country’s GDP and employs about two per cent of the work force, as the present administration is set to improve the nation’s economy through the sector

he Group Executive Director in charge of Stakeholders Management and Corporate Communications, Engineer Mansur Ahmed, made this disclosure at Dangote Special Day event at the Kano 36th International Trade Fair, just as the Dangote Cement mega promo triggered sales at the fair

This makes the plant, built and operated by the Shell Petroleum Development Company of Nigeria Joint Venture, the first energy efficiency project on power generation registered from Nigeria and also the first UN registered Clean Development Mechanism initiative in the Shell Group

Aregbesola said his administration is committed to making life meaningful and abundant for the people, hence the infrastructural development in the nooks and crannies of the state

Speaking at a group meeting of Commonwealth leaders on corruption, chaired by Prime Minister David Cameron of Britain, President Buhari said corruption in the oil sector and outright theft of Nigeria’s crude oil had been exacerbated by the culture of impunity, which reigned under previous administrations

The Association also said in the communiqué, signed by its National President, Alhaji Kassim Ibrahim Bataiya, that the Nigerian masses have to spend so much on commercial transport due to the sudden hike in transport fares occasioned by the scarcity

He said banning importation of shoes and other leather products would revive the ailing local shoe industries and create job opportunities for many unemployed persons in the country

After escaping relegation last season, many would have expected the Foxes to be battling it out towards the bottom of the table, but Ranieri has maintained the club’s momentum and improved the side to take them to the summit.

Adeosun said N6.3 billion was refunded to the federation by Nigerian National Petroleum Corporation and was also proposed for sharing

The opening of the Etisalat Experience Centre, which was welcomed with excitement among the residents, is aimed at bringing Etisalat products and services closer to the people as well as to afford customers seamless interactive opportunities to resolve any issues they may want the company to attend to

It said its group vehicle sales totaled 8.35 million in the January-October period, more than the 8.26 million vehicles delivered by Volkswagen during the same period

The News Agency of Nigeria reports that the naira lost N2 to exchange at N242 to the dollar, as against its previous value of N240

The tanker is owned by a major marketer, Conoil, located along Tunga town by Hydro Junction in Minna

The resolution of the House followed a motion under matters of urgent public importance, sponsored by the House Leader, Femi Gbajabiamila, which was unanimously adopted by members

GT Bank came second with a total of 29.07 million shares valued N623.83 million transacted in 230 deals, while FBN Holdings sold 14.97 million share worth N75.03 million in 286 deals

Adeosun spoke at the inauguration of the Capital Market Master Plan Implementation Council, National Investor Protection Fund and the launch of Corporate Governance Scorecard for quoted companies

Skye Bank said neither the CBN nor any other regulatory agency conducted any stress test on the bank.
The only test conducted on the bank was a CBN risk-based examination, which is routine and recorded no negative report against Skye Bank

The Chairman of the company, Babatunde Savage, speaking at the 65th Annual General Meeting of the company in Abuja on Thursday, said although the operating environment remained daunting during the period under review, the company recorded a credible performance in its full year results and is now poised for better performance in the 2016 financial year and beyond

The statement reads: “The attention of the Central Bank of Nigeria has been drawn to a fictitious online publication purporting that some deposit money banks in Nigeria are ‘experiencing stress