Kalu noted that Alison-Madueke’s election is an acknowledgement of her positive contributions to the international oil body while she held sway as Alternate President
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During the event, organized annually by The Banker magazine, UBA was voted ‘Bank of the Year in Africa ’ for 2014, trumping others to win the highly coveted award for pan-African bank brands
The prestigious award ceremony which held on Thursday at Intercontinental Hotel, Park Lane, London, had in attendance more than 350 senior executives from well over 120 countries
She stated that the government has taken fiscal policy measures that would weather the storm if the oil prices fall to $70 per barrel, $65 per barrel and even to $60 per barrel
The Permanent Secretary in the Niger State Ministry of Youth Development, Hajiya Ramatu Suleiman, said this on Thursday during the post-Executive press briefing in Minna, adding that the CBN had initiated to train 500 youths, but the state government proposed to add additional 350 to make them 850
This does not come as a surprise as the organisation is dominated by Muslim Arab nations
The National Publicity Secretary of APC, Alhaji Lai Mohammed, on Wednesday in Abuja told newsmen that the devaluation of currency had its implications on the people and the economy
The NAN correspondent, who checked near the Sheraton Hotel, Zone 4, Abuja, the rendezvous for most black market operators, found that the closest naira exchange to the official exchange rate was N182
Emefiele explained that under the new arrangement, the naira would now exchange for N168 instead of the old official rate of N155 to one US dollar
“On Monday, June 23, 2014, the NSE published a notice of its intention to delist 24 listed companies arising from their non-compliance with provisions of the Listing Rules,” said the statement
Akpabio made the call at the opening of the third seminar on the regulation in the electricity power sector for judges by the Nigerian Electricity Regulatory Commission in collaboration with the National Judiciary Institute
The FIRS Tax Controller, John Hamman, who spoke on the development in Asaba after the establishment carried out an enforcement operation on the defaulters, said the service under the law has the power to visit, assess the assets of the establishments and prosecute those that failed to comply with the rules governing taxation
Totally Concrete West Africa will introduce new cement, concrete and construction technologies from more than eight countries worldwide, including Austria, Italy, India, Lebanon, Turkey and South Africa, to the local West African construction marketplace
The breakdown shows that education got N82.11 billion or 16.6 per cent as against N77.42 billion or 15. 81 per cent recorded in 2014
The CBN Governor, who was represented by his Special Adviser on Development and Finance, Paul Nduka Eluowe, while affirming the belief that the policies had raised the state to a higher pedestal, spoke at the official ceremony for the disbursement of N2 billion CBN Micro, Small and Medium Scale Enterprises Development Fund and the distribution of the second batch of 22 mini-buses, held at the Nelson Mandela Freedom Park in Osogbo
The Nigeria Customs Service, which said this on Monday in Lagos, however, said it would commence to facilitate the release of perishable goods to their importers
However, MURIC, in a statement by its Director, Prof. Ishaq Akintola, alleged the insertion of a Jewish symbol into the new currency, demanding explanation from the Federal Government
They spoke in separate interviews with the News Agency of Nigeria in Lagos.
NAN reports that NERC had on November 20 said consumers would pay more for electricity from December 1 when the new price of gas for generating power would take effect
The Eagle Online has gathered that critical highlights of the meeting are likely going to be the retention of Monetary Policy Rate at 12 per cent, leaving the +/-200 basis points corridor
At the Bureau De Change, otherwise known as the parallel market, the Naira depreciated by N4 to sell for N181.5 against the dollar, from the N177.5 it sold on Monday