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All posts tagged "featured"

  • NSE_053916827
    Stocks end losing streak to gain 1.7%

    Nigerian stocks ended a three-day losing streak on Wednesday to gain 1.67 percent, as investors piled into the market ahead of upcoming half-year financial results. Investors sentiment turned bearish last week on the possibility that MSCI could...

    • Posted June 30, 2017
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  • CBN Hq, Abuja
    CBN to sell $100 million at special forex auction

    The Central Bank of Nigeria (CBN) will sell $100 million at a special foreign exchange auction on Wednesday, the bank said as the local currency held steady in all segments of the foreign exchange market. In a...

    • Posted June 30, 2017
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  • Nigerias Minister of Petroleum and Opec President Emmanuel Ibe Kachikwu  attends a news conference after the 168th Organization of Petroleum Exporting Countries (OPEC) conference in Vienna, Austria, on Friday, Dec. 4, 2015.
    France to invest €1bn in Nigeria’s oil, gas sector – NNPC

    The French Government has said that it has set aside about one billion euros to be invested in the Nigeria oil and gas industry, stating that Nigeria remains her first economic trading partner in Africa. The France...

    • Posted June 29, 2017
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  • etisalat
    Loan: Shareholders urge Etisalat to pay up

    Some shareholder groups in the capital market, yesterday, urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks to avoid a takeover. A cross section of the shareholder groups stated this in an...

    • Posted June 29, 2017
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  • NCAA
    NCAA warns GSM operators, others over towering structures

    The Nigerian Civil Aviation Authority (NCAA), yesterday, warned all operators of Global System for Mobile Communication (GSM) to always obtain Aviation Height Clearance (AHC), permits and licences before erecting high rise structures. Also, owners of landing facilities,...

    • Posted June 29, 2017
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  • power plant 1
    Nextier Power: DisCos paid only 26% invoices in 2016

    Nextier Power, a sector advisory firm in Abuja has supported the federal government’s window for large power customers to buy electricity from the Generation Companies (GenCos) while calling for the quick release of the modalities. The Principal...

    • Posted June 28, 2017
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  • Fashola_065042334
    Electricity: Non-payment for gas cuts off 6,482mw

    The Nigerian electricity grid dropped by 1,000 megawatts (mw) as generation crashed to 2,982mw in the early hours of Monday, during the Sallah festivity. Equally, the continued poor payment for gas supply to the mostly thermal Generation...

    • Posted June 28, 2017
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  • Power-transmission-lines
    BEDC to publish power availability schedule

    In view of prevailing electricity generation limitations nationwide, Benin Electricity Distribution Plc (BEDC) will soon commence the publication of power availability schedule for customers in its franchise areas of Edo and Delta states. Managing Director/Chief Executive Officer...

    • Posted June 28, 2017
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  • ECOWAS_063423839
    Zero oil economy: NEPC seeks ECOWAS trade corridor

    The Nigerian Export Promotion Council (NEPC) is seeking for a platform for trade and investment along the ECOWAS trade corridor to facilitate exports from Nigeria to West African countries. This came to the fore when the new...

    • Posted June 28, 2017
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  • CBN Hq, Abuja
    CBN’s intervention in forex market temporal – Prof. Nwaekeaku

    Prof. Charles Nwaekeaku of Nassarawa State University, says the Central Bank of Nigeria’s (CBN) interventions in the Foreign Exchange Market (FOREX) is a temporary relief. Nwaekeaku, a lecturer at the Pubic Administration Department, told the News Agency...

    • Posted June 27, 2017
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