Don't Miss


Latest News

  • Airtel elevates 81 employees; Oladimeji, Anand become vice-presidents

    In line with its corporate philosophy of remaining the employer of choice and empowering more Nigerians with leadership positions, leading Telecommunications Services Provider, Airtel Nigeria, has elevated 81 employees, across various business functions. The promotions are a...

    • Posted September 6, 2013
    • 0
  • Vessels, tankers’ e-tracking helps to check wastages, says IPMAN

    The electronic tracking of fuel tankers and oil vessels has saved the Federal Government billions of Naira and conserved hard earned Nigeria Foreign Exchange, the Independent Petroleum Marketers Association of Nigeria (IPMAN), said on Wednesday. National Secretary of...

    • Posted September 6, 2013
    • 0
  • Why CBN’s monetary policy tightening is necessary – Aig-Imoukhuede

    Group Managing Director of Access Bank Plc, Aigboje Aig-Imoukhuede says the tight monetary policy stance adopted by the Central Bank of Nigeria (CBN) is in the interest of the economy. Addressing a media parley at the bank’s head...

    • Posted September 6, 2013
    • 0
  • Minister, Aregbesola disagree over FG’s fertiliser policy

    The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, and the Osun State Governor, Mr. Rauf Aregbesola, on Wednesday disagreed on the success or otherwise of the Federal Government’s fertiliser distribution policy. Adesina and Aregbesola spoke...

    • Posted September 6, 2013
    • 1
  • Safety violation: NERC to sack power firms’ CEOs

    The Nigerian Electricity Regulatory Commission on Wednesday said it would start firing the chief executive officers of power firms who treat safety issues with levity. The resolve, NERC said, was based on the high rate of deaths...

    • Posted September 6, 2013
    • 1
  • Nigerian banks provide N280bn for power firms’ acquisition

    Nigerian banks were responsible for raising over 70 per cent (about N280bn) of the balance paid by investors for the 14 successor companies to the Power Holding Company of Nigeria, investigations by our correspondent have revealed. The...

    • Posted September 6, 2013
    • 0
  • Post-harvest losses: FG, firm to build 800 warehouses

    The Federal Government on Wednesday signed a Memorandum of Understanding with a private firm, African Exchange Holdings, to build 800 warehouses across the country to mitigate post-harvest losses suffered by farmers. It regretted that about 40 per...

    • Posted September 6, 2013
    • 0
  • Nigeria to assist Kenya to develop oil sector – Envoy

    Nigeria’s High Commissioner to Kenya, Mr Akin Oyateru, said in Nairobi on Thursday that Nigeria would assist Kenya in the management of its oil industry. Oyateru made the plan known in an interview with the News Agency...

    • Posted September 6, 2013
    • 0
  • Dangote refinery to employ 8,000 engineers, create jobs for 85,000 Nigerians

    The President of the Dangote Group, Aliko Dangote, said about 8,000 engineers would be needed for the smooth take off of the nine- billion- dollar Dangote Refinery/Fertiliser plant in Ondo. Dangote told State House correspondents on Wednesday...

    • Posted September 5, 2013
    • 0
  • GTBank and SCB coordinate $6.75bn debt financing for Dangote’s refinery, fertilizer projects

    Dangote Industries Limited on Wednesday, 4th September 2013 signed a loan agreement with a consortium of both local and international banks to the tune of $3.3billion for the purpose of constructing the biggest Petroleum Oil Refinery &...

    • Posted September 5, 2013
    • 0
  • Dangote gets $9billion loans for establishment of refinery in Ondo

    Dangote Group of companies is to Invest 9 billion US Dollars in the establishment of refinery, petrochemical and fertilizer industry at Olokola Free Trade Zone in Ondo State. At the signing of the project loans between Dangote...

    • Posted September 5, 2013
    • 0
  • Nigerian insurers operate as fringe players in Ghana

    The subsidiaries set up by Nigerian insurance companies in Ghana are operating as fringe players as out of the 22 general insurers operating in Ghana, Nigerian subsidiaries which are Equity Assurance, WAPIC, Regency Alliance, IEI Ghana and NEM...

    • Posted September 5, 2013
    • 0
  • FG sets aside N16b for rural electrification, swears in board

    Federal Government on Tuesday said about N16 billion has being set aside to enable the Rural Electrification Agency (REA) execute power projects in communities across the country. Minister of State for Power, Zainab Kuchi who made the disclosure...

    • Posted September 5, 2013
    • 0
  • We’ll make credit cheaper for farmers – President Jonathan

    President Goodluck Jonathan on Tuesday called on the private sector to take full ownership of the Federal Government’s Agriculture Transformation Agenda, adding that his administration would make credit more accessible and cheaper for farmers. Already, he said...

    • Posted September 5, 2013
    • 0