All posts tagged "featured"

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  Fixed charge reduction temporary – Power firms

  Against the backdrop of growing agitation from many quarters for the removal of electricity fixed charges, most of the electricity distribution companies in the country have proposed a temporary reduction in the charges. The Discos stated this...

  • Posted October 8, 2015
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  NAMA trains 15 air traffic controllers on surveillance radar course

  In order to boost capacity of existing manpower in Air Traffic Management for the implementation of Performance Based Navigation (PBN), the Nigerian Airspace Management Agency (NAMA), has embarked on the training of 15 Air Traffic Controllers on...

  • Posted October 7, 2015
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  2016 budget will encourage economic diversification – Buhari

  President Muhammadu Buhari on Monday promised that the 2016 budget being prepared by his administration would be specially designed to encourage the diversification of the nation’s economy. He said new policies and measures that would move the...

  • Posted October 7, 2015
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  Shell to add 50,000bpd to Nigeria’s oil production

  Shell Nigeria Exploration and Production Company Limited on Monday announced the commencement of production from the Bonga Phase 3 project. The Bonga Phase 3 is an expansion of the Bonga main development, with peak production expected to...

  • Posted October 7, 2015
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  CBN may ease forex controls as demand drops

  The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says he will consider easing restrictions on currency trading if demand for foreign exchange drops further. Emefiele told delegates at a conference on Africa hosted by the Financial...

  • Posted October 7, 2015
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  Nigeria lost N757bn to others in Q1 – World Bank

  Nigeria lost about N757.44bn in transactions with other countries in the first quarter of the year, the World Bank has said. The bank said this in a report, Africa Pulse, which was released in Washington after a...

  • Posted October 7, 2015
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  Access Bank bags Women Market Champion Award

  Access Bank Plc has received the Global Banking Alliance for Women Market Champion 2015 Award. A statement from the bank also restated that its ‘W’ awards seek to recognise and celebrate Nigerian women at home and in...

  • Posted October 7, 2015
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  Nigerian Ports operation drops to 40%

  Activities at the nation’s seaports have reduced significantly to about 40 percent, THISDAY investigations have revealed. Since the federal government’s economic reforms, which led to the concession of the nation’s seaports during the Olusegun Obasanjo’s administration in...

  • Posted October 6, 2015
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  Nigerian banks heading for another credit crisis – Citigroup warns

  Nigerian banks are on the verge of another credit crisis, Citigroup’s Head of Frontier Market Banks and Research, Josh Levin has warned, citing what he described as deteriorating macro conditions in the country. The economic analyst, in...

  • Posted October 6, 2015
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  Subsidy on petrol falls to N576m daily

  From a high of N51.61 per litre on June 11, 2015, subsidy on every litre of Premium Motor Spirit consumed in the country has dropped to N14.39, data obtained from the Petroleum Products Pricing Regulatory Agency on...

  • Posted October 6, 2015
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