Business

Reprieve For Private Jet Owners As Senate Directs NAMA To Suspend New Charges On Operators

Reprieve For Private Jet Owners As Senate Directs NAMA To Suspend New Charges On Operators

Business November 26, 2013 at 9:06 am 0 comments

The Senate Committee on Aviation has directed the Nigerian Airspace Management Agency (NAMA) to suspend the new charges on airline operators pending the outcome of a stakeholders meeting.
The Sen. Hope Uzodinma (PDP-Imo) led committee gave the directive on Monday in Abuja following a

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ENSG Takes Over Coal Corporation Property In Enugu

ENSG Takes Over Coal Corporation Property In Enugu

Business November 25, 2013 at 12:46 pm 0 comments

The Enugu State Government on Thursday formally took over the two properties of the Nigerian Coal Corporation (NCC) purchased from the Bureau of Public Enterprises (BPE).
The two properties are the headquarters of the corporation located on Okpara Avenue and the Colliery Hospital on New Market Road, all in Enugu.
Speaking after receiving the

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Warri refinery

Where Is Our National Honour?: Bureau of Public Enterprises Confirms Privatization Of Refineries In 2014

Business November 24, 2013 at 9:15 pm 0 comments

Nigeria’s Bureau of Public Enterprises, BPE, has confirmed that it would privatise the four refineries in the country next year.
Chigbo Anichebe, the Bureau’s Head, Public Communications, said that the refineries’ privatisation was part of the ongoing oil sector’s reforms.
Last week, the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke,

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Ibikunle Amosun

Ogun To Spend N210.2bn In 2014

Business November 20, 2013 at 8:42 am 0 comments

Ogun State’s Governor Ibikunle Amosun

Ogun State Governor, Senator Ibikunle Amosun, presented an appropriation bill of N210.2billion for the 2014 fiscal year to the State House of Assembly.
The budget, which he tagged ‘Budget of consolidation’, is slightly lower than the 2013 budget which was N211.79billion.
Governor Amosun

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Pres. Jonathan To Meet With International Investor’s Council In London

Pres. Jonathan To Meet With International Investor’s Council In London

Business November 19, 2013 at 5:05 pm 0 comments

President Goodluck Ebele Jonathan will leave Abuja early Wednesday for London where he is scheduled to preside over a three-day meeting of Nigeria’s Honourary International Investors’ Council.
Issues on the agenda of the meeting include generating long-term affordable finance for Nigeria’s real sector, developing Nigeria’s private equity and venture capital

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Share The Future: LG, State and FG Share N568.41bn

Share The Future: LG, State and FG Share N568.41bn

Business, News November 15, 2013 at 3:49 pm 0 comments

 
The Federal, States and Local Governments have shared N568.41 billion from the Federation Account for October, the Minister of State for Finance, Dr Yerima Ngama, said in Abuja yesterday.
 
The News Agency of Nigeria, NAN, reports that the amount shared in September was N45.92 billion higher than

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