All posts tagged "headline"

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  Court stops NERC from increasing electricity tariff

  A Federal High Court in Lagos on Thursday restrained the Nigerian Electricity Regulatory Commission (NERC) from implementing the new electricity tariff billed to be effective from June 1. Trial judge, Justice Mohammed Idris, in a ruling on...

  • Posted May 30, 2015
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  IPMAN indicts FG of ethical abuses in lingering leadership crisis

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday alleged that the federal government could be guilty of encouraging the internal leadership crisis that is presently rocking the association. A faction of IPMAN led by its...

  • Posted May 30, 2015
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  May & Baker to pay N49m dividend

  May & Baker Nigeria Plc on Thursday received the approval of its shareholders to pay N49m dividend for the financial year ended December 31, 2014. The company got the approval of the shareholders to pay the dividend,...

  • Posted May 30, 2015
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  Manufacturers worry about falling naira value

  The continued decline in the purchasing power of the naira has been a major concern for manufacturers nationwide. According to a statement from the Manufacturers Association of Nigeria on the implications of the current economic situation on...

  • Posted May 30, 2015
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  LCCI hosts first Information Communication expo

  The Lagos Chamber of Commerce and Industry recently hosted the first edition of the Information Communication Technology and telecommunications expo. In his opening speech at the event, the President, Lagos Chamber of Commerce and Industry, Mr. Remi...

  • Posted May 30, 2015
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  Power: Our last few days disastrous – Nebo

  The immediate past Minister of Power, Prof. Chinedu Nebo, has described as disastrous the power situation across the country, particularly toward the end of his tenure. Nebo, who profusely lamented the spate of vandalism of gas pipelines...

  • Posted May 30, 2015
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  FBN advises students on savings, investment culture

  In line with the Central Bank of Nigeria (CBN’s) financial inclusion strategy, First Bank of Nigeria (FBN) Limited has urged students to inculcate the culture and habit of savings and investment to guarantee their economically sound future....

  • Posted May 30, 2015
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  Fuel Scarcity: Frozen foods worth N10 million destroyed in Ijora

  Frozen food traders at the Ijora-Olopa area of Lagos on Wednesday said that they lost various food items worth N10 million between May 23 and May 25, following the lingering national energy crisis. According to the traders,...

  • Posted May 28, 2015
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  Ciroma resigns as NIWA’s MD

  The Managing Director of the National inland Waterways Authority (NIWA), Inna Ciroma, on Wednesday tendered her resignation letter, with effect from May 28, a statement has said. The statement signed by Tayo Fadile, the authority’s General Manager,...

  • Posted May 28, 2015
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  PENGASSAN, NUPENG threaten strike if OML divestment not reversed

  The Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Wednesday, warned that due process must be followed in the divestment of Oil Mining Licences (OML)...

  • Posted May 28, 2015
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