All posts tagged "headline"

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  TCN plans 20,000mw evacuation capacity by 2020

  As part of the measures to strengthen the transmission infrastructure to withstand increase in power generation, the Transmission Company of Nigeria (TCN) plans to boost its infrastructure to have the capacity to evacuate 20,000 megawatts of electricity...

  • Posted July 30, 2014
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  SEC moves to generate interest in market activities

  The Securities and Exchange Commission has said pursuant to its market development mandate under ISA 2007, its enabling law, it plans to send five journalists for intensive training on capital markets at the International Law Institute in...

  • Posted July 30, 2014
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  FG unveils $500m projects for local content development in oil and gas

  The federal government has unveiled new projects that would gulp $500 million for the development of Nigerian Content in the oil and gas sector of the economy. Speaking while fielding questions from journalists after a recent visit...

  • Posted July 30, 2014
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  Anambra gets $2.5bn 1500mw power plant under Power Africa Initiative

  Nigeria’s formal agreement to work with the government of the United States (US) to increase access to and availability of electricity in Nigeria through the US-backed Power Africa initiative will bequeath to Anambra State, a brand new...

  • Posted July 30, 2014
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  Power distribution firms blame poor performance on losses

  The buyers of the country’s power distribution firms have given reasons why their performance is still below average several months after taking over the companies. Early this month, the Operator of the Nigerian Electricity Market stated that...

  • Posted July 30, 2014
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  NPA responsible for poor port access roads – NCMDLCA

  The President, National Council of Managing Directors of Licensed Customs Agents, Mr. Lucky Amiwero, has blamed the Nigeria Ports Authority for failing to develop access roads to the ports in Lagos State. In a telephone interview with...

  • Posted July 30, 2014
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  Nigeria needs to attract FDI for development – Fashola

  Nigeria and other countries in Africa must attract Foreign Direct Investment to bridge infrastructural gap and enhance economic development, Lagos State Governor, Mr. Babatunde Fashola, has said. Fashola, who noted that the continent needed $93bn annually to...

  • Posted July 30, 2014
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  Oyo opposes multiple taxation

  The Chairman, Oyo State Board of Internal Revenue, Mr. Isiaka Zakariyau, has said the state’s tax policy does not encourage multiple taxation and expressed the government’s willingness to always protect private investors’ initiatives by supporting and cooperating...

  • Posted July 30, 2014
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  ILO, World Bank to enhance access to insurance in Africa and Asia

  The International Labour Office (ILO) and the World Bank Group (WBG) have signed a memorandum of understanding that aims to provide access to improved insurance products to hundreds of thousands of smallholder farmers, small businesses and individuals...

  • Posted July 30, 2014
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  Access Bank rewards Mobile Banking customers

  Access Bank Plc has rewarded its mobile banking customers through its “Download and Win promo.” The bank said the move was to encourage customers in the use of electronic payment channels. The winners were rewarded for downloading...

  • Posted July 29, 2014
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