FG inaugurates panel to probe 12 varsities’ funds

THE NATION FG inaugurates panel to probe 12 varsities’ funds — 3rd May 2017 From Samuel Bello & Peter Emeraghi, Abuja  Minister of Education, Malam Adamu Adamu, yesterday inaugurated a seven-member audit panel to undertake the task of browsing through the books of 12 federal unive...
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N’Assembly Increases Its Budget to N150bn, Lays 2017 Appropriation Bill Thursday

May 4th, 2017 // // Nigeriawatch

THIS DAY   N’Assembly Increases Its Budget to N150bn, Lays 2017 Appropriation Bill Thursday May 4, 2017 • To open its budget to public scrutiny Damilola Oyedele in Abuja Owing to rising inflation and the depreciation of the naira, the National Assembly, which for yea...
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CBN Says that it has NOT Reversed Ban On 48 Items

May 4th, 2017 // // Nigeriawatch
CBN Says that it has NOT Reversed Ban On 48 Items

  NAIRAMetRICS   CBN Reverses Ban On 48 Items  Onome Ohwovoriole MAY 4, 2017 Nairametrics. In yet another step towards a deregulation of the foreign exchange market, the Central Bank of Nigeria (CBN), has removed the 48 items from the banned list. This seems to...
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Nigeria’s Diaspora Bond To Be Available in March 2017 – FG

May 4th, 2017 // // Nigeriawatch

  NAIRAMETRICS Nigeria’s Diaspora Bond To Be Available in March 2017 – FG Nairametrics JANUARY 11, 2017 Nairametrics| The Federal Government is reportedly set to issue its first diaspora bond in March 2017 according to reports from Reuters, quoting a source from the Min...
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How Diaspora Bonds Work – Abisola Abolarin

May 4th, 2017 // // Nigeriawatch

  How Diaspora Bonds Work How Diaspora Bonds Work  Abisola Abolarin JANUARY 23, 2017 Nigeria’s Finance Minister, Kemi Adeosun recently revealed the Federal Governments (FG) plans to launch a $300 million diaspora bond bid in March 2017. So what is a diaspora bond and how...
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NERC approves ‎UNIBEN’s 7.5mw power project

PUNCH   NERC approves ‎UNIBEN’s 7.5mw power project Published November 15, 2016 Alexander Okere, Benin The University of Benin has received the approval of the Nigerian Electricity Regulatory Commission for an embedded electricity generation licence to operate a...
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Senate passes bill to establish maritime varsity

QUOTE “Additional funding for the university shall accrue from one per cent of the total annual budget of the Federal Ministry of Petroleum Resources; 0.5 per cent of the total annual budget of the Nigerian Liquefied Natural Gas; 0.3 per cent of the total annual budget of all the oil-producing ...
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NNPC wants to raise $16.5b for these projects

NNPC wants to raise $16.5b for these projects

NAIRAMETRICS NNPC wants to raise $16.5b for these projects. Nairametrics MAY 4, 2017 The Group Managing Director of NNPC, Dr Maikanti Baru has disclosed that it will be shopping for about $16.5 billion to embark on several oil and gas projects lined up for execution. He said th...
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NIGERIA, FIVE OTHER AFRICAN COUNTRIES GET $1.1BN CLIMATE CHANGE FUND

1 Comment » May 3rd, 2017 // // Nigeriawatch

Nigeria, five other African countries get $1.1bn climate change fund   NIGERIA, FIVE OTHER AFRICAN COUNTRIES GET $1.1BN CLIMATE CHANGE FUND BY ADMINMAY 3, 2017330 SHARE: The African Development Bank (AfDB) has approved the sum of $1.1 billion for five African countries, including Nig...
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Reps in rowdy session over oil firms’ relocation to N’Delta; Reject Motion

May 2nd, 2017 // // Nigeriawatch

THE SUN   Reps in rowdy session over oil firms’ relocation to N’Delta — 3rd May 2017 From Ndubuisi Orji and Kemi Yesufu, Abuja There was a rowdy session at the House of Representatives yesterday as members rejected a motion seeking to compel oil companies to relocate their o...
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