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All posts tagged "headline"

  • NCC plans new policy on transmission cable pricing

    The Nigerian Communications Commission (NCC) is considering  introducing a new pricing regime for effective cost based transmission cable pricing for the telecoms sector. The proposed pricing regime was contained in the result of a study presented by...

    • Posted March 27, 2015
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  • Fuel scarcity: FG directs agencies to punish marketers

    As the scarcity of petrol persists, the Federal Government has directed two of its agencies to sanction marketers who have subjected the citizens to unnecessary hardship. It accused the marketers of capitalising on panic buying by customers...

    • Posted March 27, 2015
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  • FG to secure $2bn World Bank, AfDB loan to fund budget

    The federal government has said it will source $2 billion from the World Bank and the African Development Bank (AfDB) under the 2012-2015 External Borrowing Plan to help in the implementation of the 2015 budget. The loan...

    • Posted March 27, 2015
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  • Oil industry operators urge FG to deploy modern technology in combating pipeline vandalism

    Some oil and gas experts on Wednesrday urged the federal government to deploy modern technology in combating the activities of crude oil thieves in the Niger Delta area. They told the News Agency of Nigeria (NAN) in...

    • Posted March 27, 2015
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  • Shell sells $1.7bn Nigerian assets to Aiteo

    The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its interest in Oil Mining Lease 29, the Nembe Creek Trunk Line and related facilities in the eastern Niger Delta. The...

    • Posted March 27, 2015
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  • MasterCard launches e-payment for MSMEs

    Global payment technology company, MasterCard, has introduced electronic payment system technology to Micro, Small and Medium Enterprises in the country. The company described the e-payment system as Nigeria’s first MSME-focused acceptance development programme that would extend the...

    • Posted March 27, 2015
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  • First Bank supports Omatek’s solar power initiative

    First Bank of Nigeria says it is providing strong support and advisory services to Omatek Ventures Plc in its solar power initiative. Omatek has just inaugurated a 50KVA three-phase off-grid solar solution factory in Lagos. The bank...

    • Posted March 27, 2015
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  • 875,000 bpd deepwater projects await FID

    Seven deepwater oil projects, with a combined capacity of 875,000 barrels per day, are awaiting final investment decision from International Oil Companies operating in the country. But the lingering plunge in global oil prices, coupled with the...

    • Posted March 27, 2015
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  • Nigerian entrepreneurs to receive mentorship through Microsoft Cloudpreneur

    In collaboration with Fate Foundation and Mara Mentor, Microsoft has launched the ‘Cloudpreneur Project’ in Nigeria, which will provide participants with entrepreneurship, Cloud and ICT training. At the end of the project, the 20 best performing participants...

    • Posted March 27, 2015
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  • FG’s revenue hits N711billion in January

    Nigeria’s estimated federally collected revenue stood at N710.78 billion as at January 2015, the Central Bank of Nigeria (CBN) has revealed. According to the central bank’s economic report for January 2015 obtained from its website, the amount...

    • Posted March 26, 2015
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