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All posts by Ifreke Inyang

  • FG hands over Kano Electricity Company to core investor

    Vice President Namadi Sambo on Friday challenged core investors in the power sector to transform it into a world class industry in terms of quality of service and customer satisfaction. Sambo made the call in Kano in...

    • Posted November 1, 2013
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  • Aura Energy Ltd takes over JEDC, promises stable electricity

    The Federal Government on Friday handed over the Jos Electricity Distribution Company (JEDC) to Aura Energy Limited, an international electricity company that bought the outfit. The international electricity company bought JEDC in the power privatisation exercise in...

    • Posted November 1, 2013
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  • VP to handover PHCN assets to new owners

    The Vice President Namadi Sambo will officially hand over the physical assets of the 14 PHCN Successor Companies to the new owners on Nov.1 This is contained in a statement issued in Abuja on Thursday by the...

    • Posted November 1, 2013
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  • Oodua group inaugurates N3bn shopping malls

    The Oodua Group of Companies on Thursday at Dugbe, Ibadan, inaugurated two shopping malls worth N3 billion . Mr Adebayo Jimoh, the Group Managing Director of Oodua Group of Companies, said that a total of N3 billion...

    • Posted November 1, 2013
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  • Electricity workers appeal to new investors over labour issues

    Electricity workers have appealed to the new investors in the power sector to prevail on the Federal Government to resolve pending labour issues before handing the companies over. Mr. Mansur Musa, President, National Union of Electricity Employees...

    • Posted November 1, 2013
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  • Farmers get 32,000 hybrid plantain/banana varieties

    Federal Government through the Federal Ministry of Agriculture and Rural Development  has distributed over 32,000 disease free improved varieties of Plantain/Banana suckers to about 1000farmers in four pilot States in  the country. The benefitting States include Abia, Delta,...

    • Posted November 1, 2013
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  • Stakeholders list conditions to boost NSE listing by 2018

    Stakeholders in the capital market on Wednesday called for sustained confidence building, as a primary condition for achieving the target of 500 listed firms on the Nigerian Stock Exchange (NSE) by 2018. They also called for legislation requiring...

    • Posted November 1, 2013
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  • Norway to promote local content in Nigeria’s maritime, oil sector

    Norway has entered into a strategic partnership with PEM Offshore to promote local content in the Nigerian maritime and oil and gas sector. Speaking during a visit to the proposed site for the PEM Offshore Simulation and...

    • Posted November 1, 2013
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  • Nigeria’s inclusion to BRICS countries requires strong industrial sector — MAN

    The quest of having Nigeria included in the league of BRICS countries will remain a mirage without a virile productive sector. The out-going chairman, Manufactucturers Association of Nigeria, MAN Apapa branch, Mr. John Aluya, made the remark...

    • Posted November 1, 2013
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  • Evans resigns as Etisalat CEO

    Steven Evans has resigned as the Chief Executive Officer of the Nigerian subsidiary of Emirates Telecommunications Corporation operating as Etisalat in the country. Bloomberg reported on Wednesday that Evans resigned last month and returned home to the United...

    • Posted November 1, 2013
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