All posts tagged "featured"

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  Nigeria loses N800m annually to vehicle import restriction

  Nigeria is losing not less than N800 million annually as a result of restriction on vehicles import into the country, the President, Shippers’ Association, Lagos State, Mr. Jonathan Nicol, has said. The import restriction was part of...

  • Posted November 14, 2015
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  Fidelity Bank to upgrade core banking software

  Fidelity Bank Plc said it plans to upgrade its core banking operation to a higher version, which would ensure maximum satisfaction to its customers. The Executive Director, Shared Services, Mrs Chijioke Ugochukwu, said this on Wednesday during...

  • Posted November 14, 2015
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  Bond yields spike on expected tighter liquidity

  Yields on Nigeria sovereign bonds rose sharply across maturities on Thursday with traders going short on debt in the expectation that a new cabinet would bring greater fiscal policy clarity and prompt the central bank to start...

  • Posted November 14, 2015
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  Electricity consumers’ complaints highest at Ikeja Disco – NERC

  The Ikeja Electricity Distribution Company recorded the highest number of consumer complaints between January and March this year, figures contained in the third quarter report of the Nigerian Electricity Regulatory Commission have shown. Specifically, 30,084 customers tabled...

  • Posted November 14, 2015
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  Udoma begins work on 2016 budget

  The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday formally assumed duty at the headquarters of the ministry in Abuja. Udoma, who arrived the ministry at around 10am in company with the Minister of...

  • Posted November 14, 2015
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  No legal basis for NAFDAC’s N1bn fine – Guinness

  Guinness Nigeria Plc on Thursday said “there is no legal basis” for the payment of the N1bn fine imposed on it by the National Agency for Food and Drug Administration and Control. The company said this in...

  • Posted November 14, 2015
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  Downstream operators want crude refining policy

  Stakeholders in the downstream subsector of Nigeria’s petroleum industry have stressed the need for a national refining policy, which defines the framework for encouraging investment in petroleum refining in Nigeria. The stakeholders at the Ninth Oil Trading...

  • Posted November 13, 2015
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  Consumers get only 50% of generated power — Nnaji

  A former Minister of Power, Prof. Bart Nnaji, on Wednesday told the Senate ad hoc Committee on Power that the nation was still experiencing epileptic electricity supply because the regulatory agencies had failed to carry out necessary...

  • Posted November 13, 2015
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  Kachikwu lists Buhari’s policies for oil sector

  President Muhammadu Buhari’s overall plan for Nigeria’s oil and gas sector for the next four years was on Wednesday made known by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu. Kachikwu who doubles as the...

  • Posted November 13, 2015
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  Telecoms Advisory Council harps on industry growth, regulation

  The Telecoms Advisory Council has pledged its readiness to help grow the telecoms sector to an enviable height, insisting that growth of the industry is its priority. The 49 member council, which falls under different categories of...

  • Posted November 13, 2015
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