All posts by BusinessNews Staff

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  Dangote commences cement production in Cameroon

  The management of Dangote Cement Plc has said that its planned consolidation of the African expansion drive remains on course with the commencement of production of its $150m Cameroon plant in Douala. The company said in a...

  • Posted April 9, 2015
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  LCCI urges Buhari to focus on agriculture

  The Agric Group of the Lagos Chamber of Commerce and Industry has highlighted the need for the incoming government to focus on the review and implementation of existing agricultural policies in order to boost local food production...

  • Posted April 9, 2015
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  Kaduna Disco now Kaduna Electric

  The MANAGEMENT of the Kaduna Electricity Distribution Company has adopted a new corporate name and logo for the company. The company will henceforth be known as Kaduna Electric and has adopted an improved redesigned lower case letter...

  • Posted April 9, 2015
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  Manufacturers suggest continuation of polices, consumer rights as panacea to industrial growth

  Stakeholders in the manufacturing sector suggested on Wednesday that the continuation of good polices of the outgoing administration, enforcement of consumer rights and local content rules would revive the manufacturing sector. They told the News Agency of...

  • Posted April 8, 2015
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  NLNG boss seeks adoption of Qatari Gas expansion model

  The Managing Director of the Nigeria Liquefied Natural Gas (NLNG) Limited, Mr. Babs Omotowa, has called for the deployment of an accelerated development model in producing and utilising Nigeria’s vast gas deposit. In his presentation at the...

  • Posted April 8, 2015
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  Eko Atlantic unveils first phase development plan

  The developer and city planner of Eko Atlantic City, South Energyx Nigeria Limited, has unveiled the city’s first-phase development plan, which entails a 26-storey building, named the Azuri Peninsula containing 120 luxury apartments. The firm also disclosed...

  • Posted April 8, 2015
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  Hackers hit bank ATMs in Lagos

  A large number of Automated Teller Machines located in some posh areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been attacked by hackers and electronic fraudsters, it has been learnt....

  • Posted April 8, 2015
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  OPEC’s net oil revenues fell 11% in 2014 – EIA

  The United States Energy Information Administration (EIA) has estimated that the members of the Organisation of the Petroleum Exporting Countries (OPEC), excluding Iran, earned about $730 billion in net oil export revenues (unadjusted for inflation) in 2014....

  • Posted April 8, 2015
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  IPMAN tasks Buhari on products availability

  The Independent Petroleum Marketers Association of Nigeria (lPMAN) has congratulated the President-elect, General Muhammed Buhari over election success, and lauded President Goodluck Jonathan for demonstrating maturity and statesmanship. National President of IPMAN, Mr. Chinedu Okoronkwo, who gave...

  • Posted April 8, 2015
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  Increased foreign investment will drive economic recovery – Analysts

  The smooth conduct of the presidential and National Assembly elections will lead to the recovery of Nigeria’s economy, analysts at Meristem Securities Limited have said. The analysts noted in the latest Meristem investment guide that the success...

  • Posted April 8, 2015
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