All posts tagged "featured"
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NERC to grow power sector’s contribution to GDP through local content regulation
A new regulation to guard Nigeria’s budding electricity industry from exploitation was yesterday formally pronounced by the Nigerian Electricity Regulatory Commission (NERC). The policy titled: ‘Regulation on National Content Development for the Power Sector,’ was developed by...
- Posted December 12, 2015
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FG to focus on creating enabling business environment – Osinbajo
Creating an enabling environment for businesses to thrive and flourish is one of the key priorities of the Buhari administration meant to spur the growth of the economy and create opportunities for gainful employment. This view was...
- Posted December 12, 2015
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CBN considers ending dollar cash sales to BDCs
There are strong indications that the Central Bank of Nigeria (CBN) is seriously considering discontinuing its twice-weekly dollar cash sales to bureau de change (BDC) operators as it seeks to sanitise the sub-sector. The move, THISDAY gathered...
- Posted December 12, 2015
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Nigeria’s economic challenges provide opportunities for innovation – Wigwe
The Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Herbert Wigwe, has said the current economic challenges in Nigeria and other economies across the world present opportunities for new discoveries and innovations. Wigwe, said this...
- Posted December 12, 2015
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World Bank reviewing activities in Nigeria
The World Bank has commenced the review of its activities in Nigeria. The leader of the team undertaking the review, Guillemette Jaffrin, said this when his team visited the Bureau of Public Enterprises in Abuja on Wednesday,...
- Posted December 12, 2015
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Lagos targets 24-hour power supply
The Lagos State Governor, Akinwunmi Ambode, says 24-hour power supply will boost business and increase the state’s Gross Domestic Product and that his government is ready to achieve the target. The governor also urged individuals, private homes...
- Posted December 12, 2015
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Harmattan: NCAA warns pilots, airline operators
The Nigerian Civil Aviation Authority has implored pilots and airline operators to comply with laid down flight regulations while the current hazardous weather pattern lasts. It said this had become necessary because of the increasing spread of...
- Posted December 12, 2015
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Oil glut, others threaten Nigeria’s 2016 production target
The growing supply glut in the global oil market is a threat to Nigeria’s projected production target for next year, industry experts have said. Other threats include the maturity of some fields and the global economic outlook....
- Posted December 11, 2015
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Banks record N11.98bn fraud in six months — CBN
The banking sector recorded 5,917 cases of fraud involving the sum of N11.98bn in the first half of this year, statistics obtained from the Central Bank of Nigeria have indicated. The figures are contained in the CBN’s...
- Posted December 11, 2015
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Consumers oppose electricity tariff increase
Electricity consumers on Wednesday kicked against the government’s plans to increase tariffs and demanded that the Minister of Power, Works and Housing, Mr. Babtunde Fashola, should listen to their own side of the story before approving any...
- Posted December 11, 2015