All posts tagged "headline"
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NLNG boss seeks adoption of Qatari Gas expansion model
The Managing Director of the Nigeria Liquefied Natural Gas (NLNG) Limited, Mr. Babs Omotowa, has called for the deployment of an accelerated development model in producing and utilising Nigeria’s vast gas deposit. In his presentation at the...
- Posted April 8, 2015
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Eko Atlantic unveils first phase development plan
The developer and city planner of Eko Atlantic City, South Energyx Nigeria Limited, has unveiled the city’s first-phase development plan, which entails a 26-storey building, named the Azuri Peninsula containing 120 luxury apartments. The firm also disclosed...
- Posted April 8, 2015
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Hackers hit bank ATMs in Lagos
A large number of Automated Teller Machines located in some posh areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been attacked by hackers and electronic fraudsters, it has been learnt....
- Posted April 8, 2015
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OPEC’s net oil revenues fell 11% in 2014 – EIA
The United States Energy Information Administration (EIA) has estimated that the members of the Organisation of the Petroleum Exporting Countries (OPEC), excluding Iran, earned about $730 billion in net oil export revenues (unadjusted for inflation) in 2014....
- Posted April 8, 2015
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IPMAN tasks Buhari on products availability
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has congratulated the President-elect, General Muhammed Buhari over election success, and lauded President Goodluck Jonathan for demonstrating maturity and statesmanship. National President of IPMAN, Mr. Chinedu Okoronkwo, who gave...
- Posted April 8, 2015
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Increased foreign investment will drive economic recovery – Analysts
The smooth conduct of the presidential and National Assembly elections will lead to the recovery of Nigeria’s economy, analysts at Meristem Securities Limited have said. The analysts noted in the latest Meristem investment guide that the success...
- Posted April 8, 2015
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BoI disbursed N800bn to SMEs in seven years
The Managing Director and Chief Executive Officer, Bank of Industry, Mr. Rasheed Olaoluwa, says the bank has disbursed a total of N800bn to the Small and Medium Enterprises in the country in the last seven years. He...
- Posted April 8, 2015
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ICA gives Buhari tips on economy
The Institute of Credit Administration has said the availability of credit in monetary and trade terms to fuel export of made-in-Nigeria goods must become the major driver of the economic reform agenda. According to a statement signed...
- Posted April 8, 2015
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168,000 fishermen affected by 2011 Bonga spill – Monarch
No fewer than 168,000 fishermen in 350 communities of Bayelsa and Delta states were affected by the 2011 Bonga oil spills, The PUNCH has learnt. In 2011, an oil spill from Bonga offshore, operated by Shell Nigeria...
- Posted April 8, 2015
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Afren gets new deadline for payment of $50m
United Kingdom-listed Afren has stated that it has obtained from the lenders of the $300 million Ebok debt facility a further deferral of the $50 million amortisation payment originally due on January 31, 2015 until April 30,...
- Posted April 8, 2015