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  • NERC inaugurates offices to handle electricity consumers’ complaints

    The Nigerian Electricity Regulatory Commission on Thursday inaugurated five forum offices to help in addressing complaints of electricity consumers across the country. The Chairman/Chief Executive Officer, NERC, Dr. Sam Amadi, while speaking at the induction of members...

    • Posted February 22, 2013
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  • Nigerians will soon enjoy uninterrupted power supply – Elumelu

    The Chief Executive Officer, Transcorp/Woodrock, Mr. Tony Elumemlu has promised that Nigeria would soon begin to enjoy uninterrupted power supply after several years of epileptic power supply. He said this after his firm, which emerged the preferred...

    • Posted February 22, 2013
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  • President Jonathan commends FCMB on lead financing Eko Atlantic

    His Excellency, Goodluck Ebele Jonathan GCFR, President of the Federal Republic of Nigeria has commended the efforts of First City Monument Bank (FCMB) Plc and others towards the financing of the Eko Atlantic 5,000,000 square metres project....

    • Posted February 21, 2013
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  • Dangote, Adenuga, Otedola, Dokpesi – See list of top 20 Nigerian billionaires for 2013

    What is the secret to the success of the top 20 richest people in Nigeria? Who are the Nigerian billionaires and how did they amass their wealth? What are the business success secrets of the successful entrepreneurs...

    • Posted February 21, 2013
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  • Reps ask CBN to implement single-digit lending rate

    The House of Representatives on Wednesday pushed for a single-digit benchmark lending rate in the country’s banking industry. It directed its Committee on Banking and Currency to engage the Central Bank of Nigeria on the matter with...

    • Posted February 21, 2013
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  • Nigeria needs radical change, not slogans – Oshiomhole

    EDO State Governor Adams Oshiomhole Wednesday insisted that solving Nigeria’s problems required revolutionary agenda and not transformation as is being orchestrated in some quarters. The governor stated this when he received the new leadership of the Edo...

    • Posted February 21, 2013
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  • Bankers’ Committee to engage NCC on strengthening cash-less initiative

    THE current challenges facing the smooth operations of cash-less policy of the Central Bank of Nigeria (CBN) may have received the attention of the Bankers’ Committee, as plans have been concluded to engage the Nigerian Communications Commission...

    • Posted February 21, 2013
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  • Eleme Petrochemicals secures IFC’s $375m facility

    THE International Finance Corporation (IFC)-a member of the World Bank Group, has approved a $375 million (N59 billion) facility for infrastructure upgrade of Eleme Petrochemical Company’s operations in Rivers State. Already, IFC has signed a loan for...

    • Posted February 21, 2013
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  • Aviation workers to begin warning strike on Friday

    Aviation workers, on Wednesday, announced plans to embark on one-day warning strike on February 22, over alleged non-implementation of the new salary structure by the management of the Nigerian Airspace Management Agency (NAMA). The workers are under...

    • Posted February 21, 2013
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  • FG pays N384billion entitlements of PHCN staff

    The Federal Government has announced the payment of N384billion for all outstanding entitlements of staff of the Power Holding Company of Nigeria (PHCN). The Minister of Labour, Emeka Wogu who briefed alongside the minster of Power, Chinedu...

    • Posted February 21, 2013
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  • PIB: Uncertainties stall Shell’s $30bn investment

    The Country Chair of Shell Companies in Nigeria and Managing Director of the Shell Petroleum Development Company of Nigeria Limited, SPDC, Mr. Mutiu Sunmonu, has said that the non-passage of the Petroleum Industry Bill, PIB, is among...

    • Posted February 21, 2013
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  • Power privatization: FG to sign deal with winners soon

    In its efforts  towards boosting the   confidence of investors in the transformation agenda of President Goodluck Jonathan, the Federal Government had assured Nigerians of its willingness to sign all necessary agreements with the bid winners of...

    • Posted February 21, 2013
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  • Samsung Galaxy S4 To Launch In March

    “Samsung will announce its next-generation flagship phone, the Galaxy S4, on March 14 online sources have claimed. The Korean electronics giant will reveal the device in New York, claimed Samsung site Sammobile. Several other sources and tech...

    • Posted February 20, 2013
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  • Jonathan, Clinton expected in Lagos tomorrow for opening of Eko Atlantic

    The multi billion naira land reclamation project along the Bar Beach coastline called Eko Atlantic City is set to be launched tomorrow. Expected at the launch are the President of the Federal Republic of Nigeria, Dr Goodluck...

    • Posted February 20, 2013
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