All posts tagged "headline"

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  Failure to recruit engineers worsens power supply – NAPTIN

  The 16-year embargo placed on the recruitment of engineers before the power sector was privatised worsened electricity supply across the country, the National Power Training Institute of Nigeria has said. According to the institute, the embargo was...

  • Posted August 28, 2014
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  Banks urged to increase focus on digitally-aware customers

  Banks have been advised to pay greater attention to digitally-aware customers in order to increase their market share. Managing Director, Accenture Financial Services, Mr. Toluwaleke Adenmsoun stated this in a paper titled: “Competitive Response to Digital Disruption...

  • Posted August 28, 2014
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  Stock market resumes trading on negative note

  Trading on the floor of the Nigerian Stock Exchange (NSE) resumed on a poor note yesterday as more investors book profits, sending the twin market gauge northward. At the close of business monday, the NSE All Share...

  • Posted August 27, 2014
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  Total builds $900m pipeline to supply gas to Alaoji Power Station

  Hope for improvement in power supply in Nigeria has been rekindled as French oil giant, Total has stated that it has built a $900 million worth of pipeline infrastructure to supply gas from the company’s Oil Mining...

  • Posted August 27, 2014
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  Naira falls on dollar shortage

  The naira dropped against the dollar on Monday, with last week’s move by JP Morgan to include the country’s 10-year bond in one of its indexes failing to stimulate strong dollar inflows. The local currency closed at...

  • Posted August 27, 2014
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  Access Bank’s Q2 interest income up 30%

  Access Bank Plc’s second quarter 2014 results released by the Nigerian Stock Exchange (NSE) yesterday has revealed that the bank’s net interest income and non-interest income went up strongly by 30 per cent y/y and 19 per...

  • Posted August 27, 2014
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  Jonathan directs CBN to set aside N50bn Agric Mechanisation Fund

  President Goodluck Jonathan has directed the Central Bank of Nigeria (CBN) to set aside N50 billion as agricultural mechanisation intervention fund for farmers in the country. The president gave the directive yesterday in Abuja while inaugurating a...

  • Posted August 27, 2014
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  Elumelu becomes UBA chairman, promises greater returns

  The Board of United Bank for Africa Plc has appointed its former Group Managing Director and Chief Executive Officer, Mr. Tony Elumelu, as the new chairman of the bank to succeed Ambassador Joe Keshi. Elumelu, who disclosed...

  • Posted August 27, 2014
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  Aviation workers panic over job loss

  Workers of the Aviation ministry and its agencies are now living in fears over the ongoing evaluation exercise ordered by the new Minister of Aviation, Mr. Osita Chidoka. Sources, who spoke to our correspondent on Monday on...

  • Posted August 27, 2014
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  FG owes power firms N95bn in subsidy

  The Federal Government currently owes the power distribution companies about N95bn in subsidy for electricity usage by consumers, investigation by our correspondent has revealed. Out of the N100bn electricity subsidy, which was to be released to the...

  • Posted August 27, 2014
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