All posts tagged "featured"

• 
  Expensive land scaring away industrialists from FCT – MAN

  The Manufacturers Association of Nigeria on Thursday lamented the high cost of acquiring land within the Federal Capital Territory, stating that the development was currently scaring away industrialists from Abuja. The Executive Secretary, MAN, Mr. Okpe Sunday,...

  • Posted August 6, 2016
  • 0
• 
  Transcorp suspends plan to build $1bn power plant

  Transnational Corporation of Nigeria Plc has suspended plans to build one of the nation’s biggest power plants amid gas shortage and a downturn in the nation’s economy that is hindering efforts to raise funds for the project....

  • Posted August 6, 2016
  • 0
• 
  Recession: Economists advise FG to boost exports

  Economists on Wednesday called on the Federal Government to stimulate the level of exports of goods and services in order to take the country out of recession. The economists said at a monthly round-table in Abuja on...

  • Posted August 5, 2016
  • 0
• 
  Immigration laments inadequate facilities to secure seaports

  The Nigeria Immigration Service has said its officials are inadequately equipped to secure the maritime domain. The Assistant Comptroller General Immigration, Border Patrol and Marine Service Headquarters Abuja, Saro-John Uaebari, said this at a three-day capacity building...

  • Posted August 5, 2016
  • 0
• 
  Oil firms count losses as militants worsen woes

  Chevron and Eni, two of the global oil majors operating in Nigeria, and their local counterparts such as Seplat and Oando may have been worst hit by the production disruptions occasioned by militant attacks in the Niger...

  • Posted August 5, 2016
  • 0
• 
  FG introduces armed guards on Abuja-Kaduna trains

  To ensure the security of lives and property on the Abuja-Kaduna rail, the Federal Government on Wednesday announced that it had introduced armed guards on the trains that ply the rail line. It also stated that it...

  • Posted August 5, 2016
  • 0
• 
  Multiple taxes crippling telecoms industry – NCC

  The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta‎ has raised the alarm that multiple taxes on telecommunication infrastructure by the various tiers of government was a major impediment to the growth of...

  • Posted August 5, 2016
  • 0
• 
  Dangote Cement reaps benefits of African expansion

  The diversification of Dangote Cement Plc into other part of Africa has started yielding positive results, the Chief Executive Officer of the company, Onne Van der Weijde has said. Weijde, who disclosed this yesterday at the company...

  • Posted August 5, 2016
  • 0
• 
  FCMB, Diamond Banks plan fresh capital raising

  Diamond Bank Plc and First City Monument Bank Limited (FCMB) have disclosed plans to raise fresh capital. Diamond Bank said it is considering raising fresh capital and selling some assets in order to strengthen its capital base,...

  • Posted August 5, 2016
  • 0
• 
  US firm to build 300MW solar plant in Enugu

  A US-based renewable energy power firm, Motir DuSable Power Investment Limited, is to build 300MW solar plant in Enugu State. The first phase of the project, estimated at about $200million will inject 100mega watts of power into...

  • Posted August 5, 2016
  • 0