Alegbe said the nation loses about 60,000 barrels of crude oil per day to acts of vandalism on its pipeline
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But a report from the industry group, American Petroleum Institute, showed that the drop was due to the US crude, stocks which rose more than six million barrels last week
It stated that the conference was organised by the association in partnership with the Nigerian Export Promotion Council, USAID NEXTT and the Vietnam Cashew Association
Umar said government had started receiving expression of interests from private firms within and outside the country for partnership with it on the operation of the speed train project
The minister said President Goodluck Jonathan had successfully reformed the generation, transmission and distribution sub-sectors, adding that government was now focusing on effective delivery of safe and reliable electricity supply to Nigerians
Kumo said this on Wednesday at a send off and welcoming party organised by the FMBN to bid farewell to retired directors and to welcome the new ones on board
Also, the volume of shares declined by 32.20 per cent with an exchange of eight billion shares worth N94.87 billion traded in 85,032 deals
In a statement by Bisi Onasanya, GMD/CEO of FirstBank, the Bank would continue to create and support initiatives that will create business opportunities and INVESTMENTS in Nigeria and the African continent.
At the end of transaction, Dangote Sugar emerged the most TRADED STOCK, accounting for 86.48 million shares valued at N709.57 million
In a signed statement in Abuja on Tuesday by its Director of Media and Publicity, Mallam Garba Shehu, APCPCO condemned the blanket of secrecy surrounding the transactions that led to the wanton waste of the country’s scarce resources under the Jonathan administration
“If everything we earned is not up to that within the period she has been the minister, which is about three to four years, then we need to be careful
Aregbesola, while receiving representatives of students of Nigerian polytechnics, who visited him at the Government House on Tuesday, said it was amazing how corruption had become so entrenched in the country that the mention of N30 trillion common wealth missing under the government of President Goodluck Jonathan had not been greeted with trepidation
It will expand the universe of products and services offered by the Group and enable it to not only deepen its reach to existing clients, but reach a new client base
“When it was November, they went on air that by December they will meter all communities within their zone
Dr. Olusegun Aganga, the Minister of Industry, Trade and Investment, said the new online registration portal was developed by CAC to make registration of business easy and accessible to its clients
“Nigerians will no longer have to incur extra costs and will not travel to the CAC’s office to register their businesses,” Aganga said
Also, the All-Share Index rose by 296.99 points to close at 29,859.06 points compared with 29,562.07 points declared on Friday
The statement said NNPC pipeline in Imagbon, near Arepo, was ruptured by some oil thieves on Sunday morning but had since been repaired
Jonathan said that the report would help to address the lapses in the oil industry and assist the administration to address the misconceptions in the industry
The News Agency of Nigeria reports that the business interaction was to provide the OPS the opportunity to digest Buhari’s economic blueprint and APC’s manifesto