Financial experts on Thursday advised the Federal Government to avoid bureaucratic bottlenecks and ensure quick release of funds for optimal performance of the 2018 budget. The experts gave the advice in separate interviews with the News men in Lagos, while reacting to the 2018 budget signed by
BUSINESS
The Nigeria Customs Service (NCS), Seme Command in Badagry, says it has destroyed expired and seized medicaments in its warehouse with a Duty Paid Value (DVP) of N102.4 million. The command’s spokesperson, Mr Saidu Abdullahi, made the disclosure in a statement released in Lagos on Wednesday. He said the destruction was supervised by the Director General […]
Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production from the group. The Organisation of the Petroleum Exporting Countries met on Friday to decide output policy amid calls from major consumers such as the U. S. […]
Edo Innovates Tech cluster has concluded modalities for The Hack Edo Series, a multi-dimensional initiative to identify and incubate the best ideas that tackle problems of power generation and distribution faced by individuals, businesses and the digital ecosystem, with a N3.5 million prize money. In a statement by Senior Special Assistant (SSA) to the Governor […]
The Senate Ad Hoc Committee on Investigation of Local Content Element on Egina Oil Field and other Related Project has directed the stoppage of further variations on the Total Upstream Nigeria Limited $16.3 Billion Egina Deep Sea Oil Project following the interim report it presented to the Senate. Disclosing this at a stakeholder meeting to […]
The Federal Executive Council (FEC) on Wednesday approved the payment of N500 million legal fees to lawyers for the recovery of N330 billion fine from the Mobile Telecommunications Network (MTN). MTN was fined by the Nigerian Communications Commission (NCC) in 2017 for breaching directives on SIM registration. The Minister of Justice and Attorney-General of the […]
Advertisement
