All posts tagged "featured"

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  Consumers without electricity won’t pay fixed charge — NERC

  Power consumers who do not receive electricity supply will stop paying the fixed charge, the Nigerian Electricity Regulatory Commission has said. According to NERC, power distribution companies have agreed to review the fixed charge in a way...

  • Posted August 19, 2015
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  Why Senate demands fresh bailout for aviation — Ndume

  Senate Leader, Senator Ali Ndume, on Monday, explained why his colleagues in the upper chamber were pushing for fresh bailout for the domestic airlines operators in the country despite the fact that the previous one granted to...

  • Posted August 19, 2015
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  NFF wants clubs listed on stock exchange

  The Nigeria Football Federation has said its dream is to see the country’s football clubs get listed on the Nigerian Stock Exchange, a move that will help solve the funding challenges that have rocked the country’s football....

  • Posted August 18, 2015
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  Deactivation of SIM cards, not total withdrawal – NCC Clarifies

  The Nigerian Communications Commission (NCC), has said the recent directive it issued to telecoms operators to deactivate all unregistered Subscriber Identification Module (SIM) cards across networks, does not mean total withdrawal of the deactivated SIM cards from...

  • Posted August 18, 2015
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  NCAA confirms 146 private jets in Nigeria

  The Nigerian Civil Aviation Authority (NCAA) has confirmed that there are 146 corporate jets in the country of which only 46 were registered in Nigeria while 100 has foreign registration. Director General of NCAA, Captain Muhktar Usman...

  • Posted August 18, 2015
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  Equities Market sheds N252bn on profit taking

  The Nigerian equities market shed N252 billion last week as some investors took profit following the previous week’s  positive run on the Nigerian bourse.  in a major reversal of fortune, the  market had in the previous week ...

  • Posted August 18, 2015
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  ICCO tasks Nigeria on $400m Cocoa Fund

  The International Cocoa Organisations (ICCO) wants Nigeria to benefit from the  $400 million it has sourced from international financiers to improve cocoa production among its member countries. According to the ICCO Executive Director, Jean-Marc Anga, who made...

  • Posted August 18, 2015
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  Arik Air resumes preparations to bid for flag carrier status

  There are indications that Arik Air, a Nigerian airline operating  domestic, regional and international flight network may have resumed preparations for its bidding for the flag carrier status in line with industry sentiment which favours the airline...

  • Posted August 17, 2015
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  NEITI offers to help NNPC trace $11.6bn unremitted NLNG funds

  The Nigeria Extractive Industries Transparency Initiative (NEITI) on Sunday said that it will give the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, all institutional supports needed to recover a...

  • Posted August 17, 2015
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  Oil slump hits Nigeria’s budget

  The sustained fall in global benchmark crude, which has continued to trade below Nigeria’s oil price benchmark for this year’s budget in recent days, has wiped off any accretion to the country’s Excess Crude Account. Economic experts...

  • Posted August 17, 2015
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