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All posts tagged "headline"

  • Shiroro power plant concession not a mistake – Sambo

    Vice President Namadi Sambo on Wednesday said recent developments at the Shiroro Hydro Power Plant had shown that its recent concession by the Federal Government was not a mistake. A statement by his spokesman, Mr. Umar Sani,...

    • Posted May 30, 2014
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  • NDPHC delivers largest transmission plant to TCN

    The operator of the National Integrated Power P projects in Nigeria, the Niger Delta Power Holding Company, has completely handed over its plant located in Oke-Aro community, Ogun State to the Transmission Company of Nigeria. The firm...

    • Posted May 30, 2014
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  • Electricity tariff increase will impoverish Nigerians – TUC

    The Trade Union Congress has said that plans to increase electricity tariff in the face of poor power supply will lend credence to the belief that the government is seeking to impoverish Nigerians. Affirming its resolve to...

    • Posted May 30, 2014
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  • FIRS cautions banks against non-remittance of tax revenue

    The Federal Inland Revenue Service has cautioned banks against non-remittance of tax revenue collected on behalf of the Federal Government. The Acting Executive Chairman, FIRS, Alhaji Kabir Mashi, gave the warning during a taxpayers’ sensitisation workshop in...

    • Posted May 30, 2014
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  • Nigeria’s retail sector has bright future – Oduoza

    The Group Managing Director/Chief Executive Officer of the United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza has said that Nigeria’s retail sector holds huge potential for growth. Oduoza said this in a keynote address at the...

    • Posted May 30, 2014
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  • FirstBank highlights strategies for SMEs’ survival

    In line with its bid to sustain the development of Small and Medium scale Enterprises (SMEs) in Nigeria, First Bank of Nigeria Limited has extended its SMEConnect seminar to Abia State. A statement explained that the seminar...

    • Posted May 29, 2014
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  • Single-digit inflation to stimulate foreign portfolio investment

    The single-digit inflation anchored on the tight monetary policy will continue to support inflow of foreign portfolio investments (FPIs) in the country, a report has stated. While it noted that this is expected to continue to attract...

    • Posted May 29, 2014
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  • Revenue boost for Caverton as Total extends contract

    The revenue of Caverton Offshore Support Group will witness a boost as  the company has received a two-year contract extension from Total Exploration and Production Nigeria Limited. Besides, Caverton is expecting a new AW139 helicopter which will...

    • Posted May 29, 2014
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  • Low interest charges lure banks to offshore funding

    Nigerian banks are raising tier-2 capital offshore due to low interest charges and their inability to raise funds in the domestic equity market, THISDAY checks have revealed. In order to shore up their capital and have access...

    • Posted May 29, 2014
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  • FG moves to boost gas supply to domestic market

    The federal government is planning to construct the longest pipeline in the country from Calabar via Ajaokuta to Kano State, as part of efforts to ensure adequate supply of gas to meet  the growing market demand  for...

    • Posted May 29, 2014
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