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  • Financial services: Access Bank offers succour to women

    Globally, women disproportionately face financial access barriers that prevent them from participating in the economy and from improving their lives. Women make up 40 per cent of the world’s workforce. Many of the sectors that are critical...

    • Posted July 31, 2014
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  • Market uncertainties delay NLNG Train 7 project

    Uncertainties and prevailing market dynamics have been identified as critical factors for the continuous delay of the 8.4 million-tonne per annum Train 7 project of the Nigeria Liquefied Natural Gas. The project stakeholders, our correspondent gathered, had...

    • Posted July 31, 2014
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  • Agriculture sector needs more incentives – LCCI

    The Federal Government needs to replicate the tax incentives it gave the steel industry in the agriculture sector, the Lagos Chamber of Commerce and Industry has said. “It is important to look at more concessions for areas...

    • Posted July 31, 2014
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  • 25 million Nigerian payment cards prone to hacking

    Over 25 million Nigerian payment cards will be prone to hacking from July 2015 when Microsoft Corporation will end its support for the Windows Server 2003 and Windows Server 2003 R2 software. Microsoft officials told our correspondent...

    • Posted July 31, 2014
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  • PHCN employed no engineer for 16 years – FG

    Prior to the privatisation of the successor companies of the Power Holding Company of Nigeria, the firm employed no new engineer for over 16 years, the Federal Government has said. The Minister of Power, Prof. Chinedu Nebo,...

    • Posted July 31, 2014
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  • Survey: Regulatory inefficiency threat to business success in Nigeria

    A survey by KPMG Professional Services has highlighted regulatory inefficiencies as a threat to the growth of businesses in Nigeria. Specifically, the 2014 Chief Financial Officers’ (CFOs) survey showed that 70 per cent of CFOs viewed incompetence...

    • Posted July 31, 2014
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  • FG resolves to boost domestic trade

    The federal government has re-affirmed its commitment towards facilitating the growth and development of domestic trade across the country. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, gave the assurance during a Town Hall Meeting...

    • Posted July 30, 2014
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  • TCN plans 20,000mw evacuation capacity by 2020

    As part of the measures to strengthen the transmission infrastructure to withstand increase in power generation, the Transmission Company of Nigeria (TCN) plans to boost its infrastructure to have the capacity to evacuate 20,000 megawatts of electricity...

    • Posted July 30, 2014
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  • SEC moves to generate interest in market activities

    The Securities and Exchange Commission has said pursuant to its market development mandate under ISA 2007, its enabling law, it plans to send five journalists for intensive training on capital markets at the International Law Institute in...

    • Posted July 30, 2014
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  • FG unveils $500m projects for local content development in oil and gas

    The federal government has unveiled new projects that would gulp $500 million for the development of Nigerian Content in the oil and gas sector of the economy. Speaking while fielding questions from journalists after a recent visit...

    • Posted July 30, 2014
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  • Anambra gets $2.5bn 1500mw power plant under Power Africa Initiative

    Nigeria’s formal agreement to work with the government of the United States (US) to increase access to and availability of electricity in Nigeria through the US-backed Power Africa initiative will bequeath to Anambra State, a brand new...

    • Posted July 30, 2014
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  • Power distribution firms blame poor performance on losses

    The buyers of the country’s power distribution firms have given reasons why their performance is still below average several months after taking over the companies. Early this month, the Operator of the Nigerian Electricity Market stated that...

    • Posted July 30, 2014
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  • NPA responsible for poor port access roads – NCMDLCA

    The President, National Council of Managing Directors of Licensed Customs Agents, Mr. Lucky Amiwero, has blamed the Nigeria Ports Authority for failing to develop access roads to the ports in Lagos State. In a telephone interview with...

    • Posted July 30, 2014
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  • Nigeria needs to attract FDI for development – Fashola

    Nigeria and other countries in Africa must attract Foreign Direct Investment to bridge infrastructural gap and enhance economic development, Lagos State Governor, Mr. Babatunde Fashola, has said. Fashola, who noted that the continent needed $93bn annually to...

    • Posted July 30, 2014
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