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Category: Economy and Finance

Seme Customs seize Toyota Prado worth N15m

February 6, 2017 insidesources(admin)Economy and Finance

The Nigeria Customs Service, Seme Command, said it had seized a 2016 Toyota Prado, worth N15 million, in enforcing Federal Government’s ban on vehicle importation through the land border. Fidelis Nwaeze, who led the customs patrol team, revealed that two…

Fidelis NwaezeLeave a comment

How Access, Sterling, Fidelity, First Banks laundered $153m for Diezani

January 8, 2017 insidesources(admin)Economy and Finance, National

Reports from EFCC shows that top four banks that have been fingered in laundering a total of $153,310,000 for ex-Minister, Diezani Allison Madueke.

Access Bank, Fidelity Bank, First Bank of Nigeria, Sterling Bank

Dangote sacks 109 workers at Obajana factory

December 7, 2016 insidesources(admin)Economy and Finance, National

109 workers at the Dangote Group owned Obajana Cement Company in Kogi State, have been dismissed for various offences. According to a report by Vanguard Newspaper, the workers were fired after being found guilty of various offences. Mr Abdulahi Magaji,…

Nigeria Petroleum Unions PENGASSAN, NUPENG Put Strike On Hold

July 8, 2016 insidesources(admin)Economy and Finance

The National Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have postponed the meeting with Federal Government over their planned to go on strike till July 11. “After Sequel to exhaustive deliberations,…

crude Oil, NNPC, NUPENG, Oil&Gas, PENGASSAN, PetroleumLeave a comment

Nigeria’s: Buhari Confiscate Kachikwu, Appoints Baru NNPC GMD

July 5, 2016July 6, 2016 insidesources(admin)Economy and Finance

President Muhammadu Buhari has removed Ibe Kachikwu and appoints Maikanti Kacalla Baru as the new managing director of the Nigerian National Petroleum Corporation (NNPC). Meanwhile, Buhari who state clearly that Kachikwu we still remain as minister of state petroleum and…

crude Oil, Features, Gas, NNPC, Oil, Oil & Gas, PetroleumLeave a comment

Eight questions FG must answer over increased electricity tariff — UN

April 23, 2014 insidesources(admin)Economy and Finance, National

The United Nations has published the Joint Letter of Concern sent to the government of President Goodluck Jonathan in which they expressed concerns that “access to electricity (and regularity of supply) is a significant problem in Nigeria,” and raised eight…

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IRM(72) RETIREMENT PLANS

April 2, 2014 insidesources(admin)Economy and Finance

The government forbids companies from telling you about… IRM(72) Retirement Plans They’re 100% legal and can generate up to $1 million more cash than Social Security, IRAs, 401(k)s, and even Obama’s new “MyRAs” They’re open to anyone, with no income or…

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Nigerians spend N447.8 billion on recharge cards monthly

March 19, 2014 insidesources(admin)Economy and Finance

A workshop organised by the Nigerian Communications Commission, NCC, weekend, to educate Nigerian Legislators on some intricate parts of telecom business/investments, incidentally exposed that Nigerians make a massive monthly investment of over four hundred billion naira on recharge cards alone.…

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JONATHAN ENDORSES AMOSUN’S ECONOMIC PLAN!

March 15, 2014March 15, 2014 insidesources(admin)Economy and Finance, National, Politics

President Goodluck Jonathan has endorsed the economic plan of Ibikunle Amosun-led administration in Ogun State, pledging the readiness of the Federal Government to partner with the state government in its rebuilding mission. Speaking at the commissioning of the Procter and…

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Recent Posts

  • THE NIGERIAN POLICE FORCE RESTRAINED FROM UNLAWFUL AND UNCONSTITUTIONAL USURPATION OF THE POWERS OF THE NIGERIAN JUDICIARY
  • NUJ Reacts To Police Invitation of Members, Warns Police Not To Meddle With Union Election
  • NUJ President, IGP, Dignitaries Hail Inspiring FCT Correspondents Chapel
  • UTURU DEVELOPMENT ASSOCIATION IN ABUJA ELECT NEW EXCO
  • NUJ REMAINS THE MOTHER OF ALL OTHER AGENCIES

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