All posts tagged "featured"

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  Eko Disco gets additional 160MW of electricity

  Eko Electricity Distribution Company Plc said it had secured additional 160 megawatts of electricity to augment its allocation from the national grid. The company, which is one of the 11 distribution companies in the country, said it...

  • Posted March 25, 2016
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  NNPC increases focus on gas amid oil slump

  The Nigerian National Petroleum Corporation has said it is placing more emphasis on gas commercialisation, processing of gas into high-value products for both domestic use and export. This, according to the corporation, is part of “stern measures”...

  • Posted March 25, 2016
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  EO predicts positive outlook for Nigerian businesses

  A global network of business owners, the Entrepreneurs’ Organisation, has predicted a positive economic outlook for Nigerian businesses. The EO, in the first part of its twice-a-year Global Entrepreneur Indicator survey results, said the prediction came amid...

  • Posted March 25, 2016
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  NERC to query TCN for failing to submit performance report

  The Nigerian Electricity Regulatory Commission (NERC) wednesday said it would query the Transmission Company of Nigeria (TCN) for not submitting six months report of its performance in Nigeria’s electricity industry in 2015. NERC said TCN failed to...

  • Posted March 25, 2016
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  Lagos, Kebbi to produce 70% of Nigeria’s rice requirements

  The Lagos and Kebbi State Governments wednesday signed a memorandum of understanding (MoU) which they said would culminate in the production of 70 per cent of Nigeria’s rice requirements annually. The two states governments also explained the...

  • Posted March 25, 2016
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  Customs ban rice importation through land borders

  The Nigeria Customs Service has re-imposed the restriction order on the importation of rice through land borders across the country with immediate effect. The Comptroller-General of Customs, Col. Hameed Ali (retd) had last October approved the reversal...

  • Posted March 24, 2016
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  Government records N20.47bn drop in revenue

  The Federation Account Allocation Committee on Tuesday said the country recorded a shortfall of N20.47bn in gross statutory revenue from N290.96bn in January to N270.49bn in February. The Minister of Finance, Mrs. Kemi Adeosun, disclosed the shortfall...

  • Posted March 24, 2016
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  Nigeria deserves aircraft maintenance facility – Demuren

  A former Director-General, Nigerian Civil Aviation Authority, Dr. Harold Demuren, has said that Nigeria is ripe for the establishment of aircraft maintenance facility. He said that if 40 per cent of the money spent on the re-modelling...

  • Posted March 24, 2016
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  NAICOM to issue Identification Numbers to Insurance Policy buyers

  The National Insurance Commission (NAICOM) has said that all insurance policies issued in Nigeria will be assigned identification numbers, with effect from June this year. The commission said this would be made possible through its much awaited...

  • Posted March 24, 2016
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  FMDQ launches new dealing membership category

  FMDQ OTC Securities Exchange (FMDQ) has introduced the specialist category of its Dealing Membership category for non-bank financial institutions (NBFIs) to act as market makers in the fixed income market. They are to be known as Dealing...

  • Posted March 24, 2016
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