The Nigeria Extractive Industries Transparency Initiative (NEITI) on Friday said the nation’s gas production rose by 20.23 per cent in 2015. NEITI said this in Abuja in its audit-covered operations in the country’s oil and gas industry for the period of 2015. According to the report, the country’s gas production rose by 20.23 per cent […]
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Oil prices surged to their highest since mid 2015 and U.S. Treasury yields hit a more than two-year peak on Monday after the world’s top crude producers agreed to cut output. Coming at the start of a week when the United States is expected to raise interest rates for the only the second time since […]
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President Muhammadu Buhari on Monday said he never expected that former President Goodluck Jonathan would concede defeat so easily after the March 2015 presidential election. “It was unbelievable that having spent 16 years in public offices ranging from deputy governor and state governor to being Vice-President and President, Jonathan could throw in the towel like […]
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TOTAL number of 13.46 million cheques worth N6.19tn were processed by the banking sector in the 2015 fiscal period, figures obtained from the Nigerian Interbank Settlement System have revealed. The NIBSS was set up by the Central Bank of Nigeria and licensed commercial banks and discount houses in 1993 to help streamline inter-bank payments and […]
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FEDERAL Capital Territory (FCT) 2015/2016 budget presentation at the House of Representatives Committee on Federal Capital Territory (FCT) ended unceremoniously over unsatisfactory disbursement of funds for some projects. The Committee has also declared to investigate the diversion of N1.5b meant for compensation and resettlement of indigenes affected by the Centenary village project. At the continuation […]
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SOUTH African telecoms group MTN said on Tuesday its Nigerian business is likely to report about $955-million in annual profit after tax, confirming a newspaper report in the west African country. “Profit after tax figure for MTN Nigeria for the period ended 31 December 2015 being quoted in the press article, stands at N190-billion ($955-million), […]
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The Barcelona star capped a stunning year with his fifth World Player of the Year gong, beating off competition from team-mate Neymar and Real Madrid rival Cristiano Ronaldo Lionel Messi has won the 2015 Fifa Ballon d’Or ahead of Real Madrid rival Cristiano Ronaldo and Barcelona team-mate Neymar, claiming the prestigious award at Monday’s ceremony […]
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President Muhammadu Buhari, has appended his signature to an Act of the National Assembly which authorised the executive to extend the implementation of the Capital vote component in the 2015 budget beyond December 31, 2015, The Punch report. Senior Special Assistant to the President on National Assembly Matters ( Senate ), Senator Ita Enang, confirmed […]
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