All posts tagged "headline"

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  Electricity consumers on estimated billing to pay less

  Electricity consumers across the country who are on estimated billing are to pay lesser than their counterparts who have been provided with meters, the Nigerian Electricity Regulatory Commission has said. The Chairman of NERC, Dr. Sam Amadi,...

  • Posted July 2, 2015
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  NSE targets sale of Apple, LVMH, other foreign shares on local bourse

  Nigerians will soon be able to invest in companies such as Apple Inc, LVMH Moet Hennessy and Louis Vuitton SE in their local currency at their local bourse. Although these global companies are looking to sell shares...

  • Posted July 2, 2015
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  EU targets improved access to power in Nigeria with €150m

  The European Union (EU) has disclosed its intention to plough about €150 million into Nigeria’s power sector, which it said would improve access to use of electricity across the country through various sources. EU representatives told reporters...

  • Posted July 1, 2015
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  Stakeholders allege manipulations in PPPRA template

  Oil and gas industry stakeholders that gathered at a Roundtable organised at the weekend in Lagos by NewsDirect Newspaper have alleged that the current template used by the Petroleum Products Pricing Regulatory Agency (PPPRA) to determine the...

  • Posted July 1, 2015
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  FG to borrow N240bn in third quarter

  The Federal Government is planning to borrow between N180bn and N240bn through the sale of government bonds in the third quarter, the Debt Management Office has said. According to the DMO, the amount will be borrowed through...

  • Posted July 1, 2015
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  Fear grips oil industry operators over probes

  There is palpable fear in the Nigeria’s oil and gas industry as strong indications emerged that the ongoing probe will not be restricted to Offshore Processing Agreements (OPAs) and crude oil swaps contracts but will cover other...

  • Posted July 1, 2015
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  NNPC spent N3.8tn in three years without approval

  The National Economic Council (NEC) has revealed that the Nigerian National Petroleum Corporation (NNPC) spent N3.8 trillion in three years without approval. The latest indictment of NNPC, confirmed the forensic audit report by PricewaterhouseCoopers (PwC) and the...

  • Posted July 1, 2015
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  Naira drops to 226.5 on new forex rules

  The naira fell to 226.5 on Monday against the United States dollar at the parallel market. The development mean the local currency has lost about 2.8 per cent of its value against the dollar since Wednesday when...

  • Posted July 1, 2015
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  Nigerian stockbrokers should aim to operate globally – Expert

  A United States-based stockbroker, Mr. Tayo Shebanjo, has urged Nigerian stockbrokers to develop and equip themselves to operate at the highest level by adopting global best practices, among other things, in their activities. Shebanjo, who operated in...

  • Posted July 1, 2015
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  Exporters get N107.4bn loan from NEXIM Bank

  The Nigerian Export Import Bank on Monday said it had given a total loan of N107.48bn within the last 24 years to Nigerian exporters. The Managing Director, NEXIM Bank, Mr. Robert Orya, gave the figure in Abuja...

  • Posted July 1, 2015
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