All posts tagged "headline"

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  Nigeria Sovereign Investment Authority earned N15.8bn in 2014

  The Nigeria Sovereign Investment Authority on Sunday said it earned a net income of N15.8bn in the 2014 financial year. The agency, in its annual report made available to our correspondent by the Managing Director/Chief Executive Officer,...

  • Posted March 31, 2015
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  Firm gets permit to generate hydro power

  The Federal Government has issued a water use permit to an indigenous firm, Winner Power Gardens Limited, to generate electricity from the Okuru River in Kogi State. The Permanent Secretary, Federal Ministry of Water Resources, Mr. Musa...

  • Posted March 31, 2015
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  NEM’s new office will boost insurance activities – NAICOM

  The Commissioner for Insurance, Mr. Fola Daniel, has said the new office of NEM Insurance was a value addition that will boost insurance service in the country. He said this during the inauguration of the new office...

  • Posted March 31, 2015
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  Dangote Cement commences operations in Senegal, Cameroun, posts N159bn profit

  Dangote Cement has recorded significant strides in its African expansion project as the cement company’s new plants in Senegal and Cameroun commenced operation the company has said. Dangote Cement plants in Ethiopia and Zambia are expected to...

  • Posted March 31, 2015
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  Oil slump, PIB threaten gas-to-power project

  The steep decline in global crude oil prices, regulatory uncertainty and vandalism of gas infrastructure constitute major threats to gas development for the growing need in the power sector, industry players and analysts have said. Prior to...

  • Posted March 30, 2015
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  Polls reduce domestic investments by N40bn

  Domestic investments in the Nigerian Stock Exchange have recorded a substantial decline due to fears and uncertainties regarding the 2015 general elections, as well as concerns about insecurity. The latest investment details from the NSE showed that...

  • Posted March 30, 2015
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  NCC postpones 2.6 GHz spectrum auction again

  The Nigerian Communications Commission (NCC) has again postponed the planned auction of the country’s 2.6 GigaHertz frequency; making it the second postponement of the same spectrum within a space of four months. The Executive Vice Chairman/Chief Executive...

  • Posted March 30, 2015
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  Currency-in-circulation fell 7.6 % in January

  Contrary to the fear of unrestrained use of cash in the run up to the general elections, the Central Bank of Nigeria has reported a marginal drop in currency-in-circulation in the month of January this year. The...

  • Posted March 30, 2015
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  Dangote’s $250m cement plant opened in Senegal

  In advancement of its strategy to expand cement production in Africa, Dangote Cement yesterday opened its cement plant in Senegal. The new plant, located in Pout district, about 75 kilometres from Dakar, the country’s capital, has a...

  • Posted March 28, 2015
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  FG commits $118m to Lekki Deep Seaport

  The  federal government has committed about $118 million to the construction of the proposed Lekki Deep Seaport, Lagos, the Managing Director of Nigerian Ports Authority, Mallam Habib Abdullahi, has said. This is aside the support from six...

  • Posted March 28, 2015
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