All posts tagged "featured"

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  Shake-up in NNPC, 55 top executives affected

  The Nigeria National Petroleum Corporation (NNPC) says it has reshuffled the management staff of some units of the corporation. In a statement released on Tuesday, Ndu Ughamadu, NNPC spokesman, said 55 management staff were affected in the...

  • Posted August 30, 2017
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  NSE commissions N500m data centre

  The Nigerian Stock Exchange (NSE) has launched its N500 million state-of-the-art data centre in Lagos. Addressing stockbrokers at the Exchange, the Minister of Science and Technology, Dr Ogbonnaya Onu who commissioned the centre, commended the management and...

  • Posted August 30, 2017
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  NAHCO will not export banned items – Acting MD

  The Nigerian Aviation Handling Company plc (NAHCO Aviance) has vowed that it would never accept to export any item on the list of prohibited items by the Nigeria Customs Service (NCS). Some of the items, as published...

  • Posted August 30, 2017
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  Grid loses 3,500mw as gas, frequency leave 36 turbines idle

  The electricity grid lost 3,500 megawatts (mw) last Wednesday due to shortage of gas, transmission frequency issue and the inability of feeders across some Distribution Companies (DisCos) to take power. The grid also dropped by 553mw last...

  • Posted July 5, 2017
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  TCN to build 2 substations in Kaduna, Zaria

  The Transmission Company of Nigeria (TCN) has disclosed that it is prepared to build two new 330KV substations in Kaduna and Zaria, and four additional 132 KV substations at Rigasa Kakau, Rigachun and Jaji, while it will...

  • Posted July 5, 2017
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  NNPC, international firms lift N11trn oil in 12 months

  The Nigerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs) operating in the country including independent oil companies lifted  crude oil and condensate worth over $36.023 billion between March 2016 and March this year, according to...

  • Posted July 5, 2017
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  Orange, Vodafone in race for Etisalat Nigeria

  Orange and Vodafone Group are in “strong running” to buy 65 per cent of Etisalat Nigeria following Etisalat’s exit from the troubled operator, according to local sources. According to Brandish, “no fewer than five” companies have expressed...

  • Posted July 4, 2017
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  FG, States, LGs share N2.27tn in five months

  The Federation Accounts Allocation Committee shared a total sum of N2.27tn among the three tiers of government in the first five months of this year. An analysis of the FAAC distribution by our correspondent in Abuja on...

  • Posted July 3, 2017
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  FG woos financiers for refineries repair

  Efforts by the federal government to revamp the country’s ailing refineries through private investors funding of the repairs and operations of the facilities recently encountered rancorous opposition by Nigerians. Speculations suggesting that the government might have already...

  • Posted July 3, 2017
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  Diesel prices drop after NNPC intervention

  The recent intervention of the Nigerian National Petroleum Corporation (NNPC) which led to a 42 percent fall in the price of diesel has continued to sustain the downward price across the country. NNPC said in a statement...

  • Posted July 3, 2017
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