Leadership Newspapers News Today Thursday 29th November 2018
Nigeria Leadership Newspapers News Today and headlines on some of the happenings and news trend in the Country, today 29/11/18
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target=_blank>FAAC Disburses N788bn To FG, States, LGs For October
A total of N788.139 billion was shared among the three tiers of government as October 2018 allocation yesterday by the Federation Account Allocation Committee (FAAC). According to figures made available, at the end of the November 2018 FAAC meeting in Kaduna yesterday, a total of N788.139 was shared among the federal, state and local governments
The post FAAC Disburses N788bn To FG, States, LGs For October appeared first on Leadership Newspaper and Nigerian News Network.
target=_blank>Fitch Upgrades UBA To “B+” With Stable Outlook
Fitchh has upgraded United Bank for Africa(UBA) Plc Long Term Issuer Default Rating (IDR) to ‘B+’, with stable outlook. The foremost rating agency also upgraded the Viability Rating of the pan-African bank to “b+” from “b”. The rating upgrade comes on the back of consistent improvement in financial performance metrics, funding and liquidity. UBA’s strong
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target=_blank>Reps Call For Review Of Malabu Oil Contract
The chairman, House Committee on Finance, Kayode Oladele, has charged the federal government to review the controversial OPL 245 oil licence struck by Shell and Eni (Agip) with the Nigerian government in 2011. Speaking at an anti-corruption situation room on public presentation on the contract organised by HEDA Resource Centre in partnership with Global Witness,
The post Reps Call For Review Of Malabu Oil Contract appeared first on Leadership Newspaper and Nigerian News Network.
target=_blank>Nigeria Imports $3.3bn Steel Annually – Bwari
Minister of State for Mines and Steel Development, Abubakar Bawa Bwari has stated that though pragmatic steps are being taken to make Nigeria self-sufficient in the construction industry, there is a yawning gap in steel demand that the country still imports $3.3 billion worth of steel annually. Minister disclosed this at a Mines and Money
The post Nigeria Imports $3.3bn Steel Annually – Bwari appeared first on Leadership Newspaper and Nigerian News Network.
target=_blank>Oil Prices Appreciate Ahead Of December OPEC Meeting
Oil price made slight gain yesterday ahead of scheduled December meeting of the Organisation of Petroleum Exporting Countries, (OPEC) next week at which the producer club is expected to decide some form of supply cut to counter an emerging glut. Market reaction to that shows the U.S. West Texas Intermediate (WTI) crude futures climbing to
The post Oil Prices Appreciate Ahead Of December OPEC Meeting appeared first on Leadership Newspaper and Nigerian News Network.
target=_blank>2019: Magu Warns Against Misuse Of Election Funds
Acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has warned that as another election cycle approaches, the EFCC will not fold its hands and watch the nation’s commonwealth squandered by corrupt politicians. Magu made this known yesterday in Abuja, while presenting a paper at a one-day retreat for 36 state governors
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target=_blank>Baru Signs Performance Contract With Top Management
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has signed performance agreements with his management team to ensure that all the Autonomous Business Units (ABUs) and Strategic Business Units (SBUs) of the state-owned company deliver on their mandates. A statement issued by the corporation’s spokesman, Ndu Ughamadu, said the
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target=_blank>Nigeria, Saudi Arabia Strategise On Oil Market Stability
Ahead of the 175th meeting of the Organization of Petroleum Exporting Countries (OPEC) members slated for December 6, in Vienna Austria, Nigeria and Saudi Arabia have met to strategise on how to ensure oil market stability. To this effect, Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and Saudi Arabian minister of oil
The post Nigeria, Saudi Arabia Strategise On Oil Market Stability appeared first on Leadership Newspaper and Nigerian News Network.
target=_blank>Kukah Tasks Writers On Devt, Nation Building
Bishop of Sokoto Diocese, Mathew Hassan Kukah has challenged Nigerians, especially, the creators of literary works to overcome their cynicism to enhance development. The cleric said, Nigeria is blessed with enormous resources that other countries lacked. “ I am saying this country has the kind of resources very few other countries have, in terms of
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Zamfara SUBEB Boss Gets 41-year Jail Term For Money Laundering
The Economic and Financial Crimes Commisssion, EFCC has secured 41 years jail term against the Chairman of the Zamfara State Universal Basic Education Board (SUBEB), Murtala Adamu Jengebe. A five-man panel of the Court of Appeal sitting in Sokoto and presided over by Justice Hannatu Sankey sentenced him to a cumulative jail term of 41 […]
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