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All posts by BusinessNews Staff

  • PIC 19 LAGOS - ILORIN MASS TRAIN  ARRIVES IBADAN ON IT'S WAY TO ILORIN AFTER FLAG-OFF IN LAGOS ON FRIDAY (28/10/11).
    Over 1,000 firms bid for 2017 railway projects

    Over 1000 companies expressed interest in 17 categories of projects for the 2017 capital projects of the Nigerian Railway Corporation (NRC). The Managing Director of the NRC, Engr. Fidet Okhiria disclosed this on Tuesday while declaring open...

    • Posted October 20, 2017
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  • NAICOM-Logo
    NAICOM moves to enforce compulsory insurance of public buildings

    To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in Abuja has inaugurated a technical committee. The committee was inaugurated by NAICOM’s Commissioner for Insurance, Mr Mohammed...

    • Posted October 20, 2017
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  • Atiku Abubakar
    Reps ask NPA to reverse termination of agreement with Intels

    The House of Representatives yesterday waded into the ongoing controversy between the Nigeria Ports Authority (NPA) and Intels Nigeria Limited. The House, while adopting a motion by Rep Diri Douye (PDP, Bayelsa), resolved to constitute an ad...

    • Posted October 19, 2017
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  • Oando CEO, Wale Tinubu
    SEC suspends Oando shares from stock market

    The Securities and Exchange Commission has ordered the Nigerian Stock Exchange to suspend trading on the shares of Oando Plc. The commission said in a circular yesterday it had carried out a comprehensive review of the petitions...

    • Posted October 19, 2017
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  • opec_headquarters-696489
    Fossil fuel demand to by 25% by 2040 – OPEC

    Fossil fuel demand will reduce by nearly 25 percent in the next two decades, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo has said. Speaking at the SPE Kuwait Oil &...

    • Posted October 19, 2017
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  • meters_135908775
    Abuja DisCo meters 88,000 customers, targets 120,000 by December

    The Managing Director of Abuja Electricity Distribution Company (AEDC), Ernest Mupwaya said his company has installed 88,000 meters and would install 120,000 units by December 2017 to tackle complaints on estimated billing. upwaya said this at the...

    • Posted October 18, 2017
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  • NERC_160905022
    NERC delays electricity tariff review for fourth time

    The implementation of the Multi-Year Tariff Order (MYTO) framework for electricity pricing has again been delayed for the fourth minor review which occurs every six months. Daily Trust reports that the tariff which should now be at...

    • Posted October 18, 2017
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  • crude export terminal
    FG targets $150bn from non-oil export in 10years

    The Federal Government is targeting $150 billion extra earning from non-oil exports as part of the country’s Zero Oil Plan (ZOP). At the inaugural meeting of the National Economic Council (NEC) Committee on Export Promotion held in...

    • Posted October 17, 2017
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  • electricity-NIGERIA
    Nigeria can’t achieve much without stable energy – IMF

    Without energy, it’s difficult for Nigeria to achieve higher productivity in many sectors of the economy, Mr. Abebe Aemro Selassie, the Director of the International Monetary Fund (IMF’s ) African Department has said. Briefing newsmen over the...

    • Posted October 17, 2017
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  • NNPC logo 1
    NNPC lures investors to establish refinery in Akwa Ibom

    The Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Dr. Maikanti Kacalla Baru, has said that he has engaged investors to establish a refinery in Akwa Ibom State. The NNPC GMD, who said this during...

    • Posted October 16, 2017
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