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All posts tagged "headline"

  • Nigerian refineries’ capacity to hit 1mpd by 2017

    A former General Manager of the Warri Refinery and Petrochemical Company, Mr. Babajide Soyode, has stated that by 2017, Nigerian refineries would have the capacity to process one million barrels of crude oil per day, against the...

    • Posted February 4, 2015
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  • Experts demand full disclosure of alleged missing N30tn

    Economic and financial experts have called on the Federal Government to fully account for the N30tn alleged by a former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, to have been stolen under the supervision...

    • Posted February 4, 2015
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  • Nygard steps down as Berger Paints MD

    The Board of Directors of Berger Paints Nigeria Plc on Monday announced the exit of the company’s Managing Director, Mr. Tor Nygard, from its services. According to the company, the move follows the expiration of Nygards’ contract...

    • Posted February 4, 2015
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  • Power: Local firms to provide one million meters

    Indigenous manufacturers of electricity meters will provide one million units of the product for power consumers across the country, the Federal Government has said. The government had announced on January 15, 2015 that it would procure one...

    • Posted February 4, 2015
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  • Nigerians spent N2bn on video streaming in 2014

    The seeming high cost of subscription for pay television and the lack of leisure time to watch long movies have been identified as reasons for the rising interest of Nigerians in Video on Demand streaming. The VoD...

    • Posted February 4, 2015
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  • Marketers accuse PPPRA of price manipulation, corruption

    Oil Marketing and Trading (OM&T) companies and other importers of petroleum products have accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of manipulating the pricing mechanisms in its template and lacking transparency in the management of the...

    • Posted February 4, 2015
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  • Investors stake N112bn on shares in first month of 2015

    Investors traded 9.250 billion shares worth N110.761 billion in 97,050 deals at the stock market in the first month of 2015, according to data obtained by THISDAY. The market closed January with a negative performance as the...

    • Posted February 3, 2015
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  • CBN moves to deepen e-Payment system

    The Central Bank of Nigeria (CBN) has inaugurated the payment system strategy board, the payment scheme boards, the initiatives working groups and the special interest working groups. The move is part of efforts by the banking sector...

    • Posted February 3, 2015
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  • Investors, traders stay cautious on election concerns

    Investors and traders have retained a cautious stance as a result of concerns about the fast-approaching general elections, among other issues, it has been learnt. According to analysts, the development may cause the market to witness a...

    • Posted February 3, 2015
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  • Sale of kerosene directly to consumers will end exploitation – NNPC

    The Nigeria National Petroleum company (NNPC) has announced that the people of Eket Local Government Area of Akwa Ibom State would now buy kerosene at the rate of N50 against the previous rate of N130 per litre....

    • Posted February 3, 2015
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