The Senate and House of Representatives Committees on Petroleum Upstream, Downstream and Gas Development yesterday queried the N30b recurrent expenditures of the parastatals under the Ministry of Petroleum Resources. Of particular concern to the lawmak...
The naira strengthened against the United States Dollar on the interbank market yesterday after the Nigerian National Petroleum Corporation (NNPC) sold about $150 million to some lenders, boosting dollar liquidity in the market. The result was that the...
The Central Bankof Nigeria plans to auction treasury bills worth N149.27 billion ($926.42 million) at its regular debt auction next week, the central bank said on Thursday. The regulator said it would sell N49.27 billion in a 91-day paper , N50 billion...
Intrigues and counter accusation among the Independent Petroleum Marketers Association of Nigeria (IPMAN) are causing a mild rift between Western Zone of IPMAN and its national body. While the national chairman told the House of Representatives that it...
Cotecna Destination Inspection Nigeria Limited (CDIL) said it had trained 54 more Customs officers on valuation, classification and scanner management. The company’s country managing director, Alhaji Tayo Rabiu, told journalists in Lagos that the...
The Apapa Area 1 Command of the Nigeria Custom Service has issued a two-week deadline to importers and their clearing agents who are yet to register for the Taxpayers Identification Number (TIN) which is an inter-connectivity project introduced for the...
The facelifted Acura TL made its world premiere at the Chicago Auto Show. The 2012 model year brings a fresh look for the front and rear ends of the mid-sized sedan along with a new Sequential SportShift 6-speed automatic transmission and equipment upg...
Minister of Labour and Productivity, Chief Emeka Wogu, has said that the Ministry’s 2012 budget is tailored towards achieving Federal Government’s Transformation Agenda, especially in the area of employment generation and industrial peace a...
The Nigeria Labour Congress (NLC), the Trade Union Congress of Nigeria (TUC) and the International Confederation of Trade Union Congress (ITUC) have called on the three tiers of government in Nigeria - federal, state and local - to end violence and the...
The International Labour Organisation (ILO) has warned world leaders that there is an urgent challenge to create 600 million productive jobs over the next decade in order to generate sustainable growth and maintain social cohesion in 2012. This was dis...
The Benue State Commissioner for Finance, Mr Omadachi Oklobia recently spoke to journalists on the 2012 budget and the controversies surrounding the implementation of the 2011 Budget in Benue State. Solomon Ayado was there for LEADERSHIP. The state gov...
Northern emirs and chiefs, who met last Tuesday in Kaduna, have refuted reports in a section of the media that they met to take a position on the conviction of former chief security officer to the late Gen. Sani Abacha, Major Hamza Al-Mustapha, by a La...
The United States ambassador to Nigeria, Mr. Terence McCulley, has denied reports that his country predicted that Nigeria would break up by 2015. The envoy, who was in Ibadan yesterday, explained that the prediction was done by a private agency t...
The Indonesian ambassador to Nigeria, Sudirman Haseng, has said that Nigeria can overcome the difficult security challenges that it is currently facing. Ambassador Haseng stated this yesterday when he visited the corporate office of LEADERSHIP Newspape...
A new twist to the Boko Haram saga emerged yesterday night as an unidentified caller claiming to be the spokesman of the sect, Abul Qaqa, who was said to be in the custody of a security agency, insisted that he was not the one arrested, but rather a ju...