All posts tagged "headline"

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  Crude oil production hits 1.91mbpd in April

  Nigeria’s crude oil production, including condensates and natural gas liquids, was estimated at an average of 1.91 million barrels per day (mbpd) or 57.30 million barrels in April 2015. This represented an increase of five per cent...

  • Posted June 18, 2015
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  2015 will be tough for Nigeria, others – World Bank

  This, according to the World Bank Group’s latest Global Economic Prospects (GEP) report released recently, would resulting in a fourth consecutive year of disappointing economic growth this year. As a result, developing countries are now projected to...

  • Posted June 18, 2015
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  Eko Electricity to add 474MW from embedded generation

  As part of its continued efforts to ensure that customers enjoy improved and reliable power distribution within its network, Eko Electricity Distribution Plc (EKEDP) has concluded a pioneering plan to acquire up to 474 megawatts of electricity...

  • Posted June 17, 2015
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  Banks in Nigeria are healthy – NDIC

  The Nigeria Deposit Insurance Corporation (NDIC) Monday stated that banks operating in the country are healthy and are in line with global standard. It also said that it monitors activities of banks in the country. The Deputy...

  • Posted June 17, 2015
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  Airtel rolls out high-speed Wi-Fi service

  Airtel Nigeria has introduced ultra-high speed Wi-Fi service to enhance customer data experience in Lagos. The telecoms company said the introduction of the ultra-high speed Wi-Fi was in line with its commitment to providing exceptional mobile Internet...

  • Posted June 17, 2015
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  Shell, Chevron conclude sale of four oil blocks

  Shell, Chevron and their joint venture partners have finally concluded the sale of their stakes in Oil Mining Leases (OMLs) 71, 72, 83 and 85 to a Nigerian independent company – First Exploration & Petroleum Development Company...

  • Posted June 17, 2015
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  CSOs urge Buhari, NASS to pass PIB in first 100 days

  Rising from extensive deliberations on the state of affairs in the oil and gas sector, a coalition of Civil Society Organisations (CSOs) have asked Buhari and members of the eight national assembly to pass the Petroleum Industry...

  • Posted June 17, 2015
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  Mobile Number Portability scheme faces new challenge

  Mobile Number Portability refers to the change of network by a subscriber while retaining his/her number. It is a way of restoring the customer’s status. Therefore, if one switches between service providers, he or she does not...

  • Posted June 17, 2015
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  Heritage Bank restates commitment to cashless policy

  The Managing Director/Chief Executive Officer, Heritage Bank Limited, Mr. Ifie Sekibo, has said the bank will continue to support the Central Bank of Nigeria’s cashless policy drive. According to him, the continuous growth being witnessed in the...

  • Posted June 17, 2015
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  NERC to revoke idle electricity licences

  The National Electricity Regulatory Commission on Monday disclosed that it had started the process of revoking licences awarded to power generation companies but which had failed to meet the terms and milestones specified in their licences. The...

  • Posted June 17, 2015
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