All posts tagged "headline"

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  FG targets 30,000MW of renewable electricity in 10 years

  The federal government has disclosed a grand plan to supplement on-grid electricity generation and distribution across Nigeria with renewable energy sources like solar, hydro, wind and biomass. Minister of State for Power, Mohammed Wakil, disclosed this to...

  • Posted May 21, 2014
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  Stock Market commences trading with 0.04% loss

  After recording a week-on-week performance of 1.10 per cent, following gains recorded in four trading sessions the previous week, the Nigerian equities market started the week on a poor note yesterday with a loss of 0.04 per...

  • Posted May 21, 2014
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  FG begins performance audit of MDAs

  The Office of the Auditor-General of the Federation on Monday said it had begun the performance audit of the activities of the Ministries, Department and Agencies of government. The move, according to the Auditor-General of the Federation,...

  • Posted May 21, 2014
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  Unilever assures shareholders of higher profitability

  The Chairman, Unilever Nigeria Plc, Chief Nnaemeka Achebe, has assured shareholders of the company that strategies are being put in place to ensure higher profitability that would lead to greater returns. He gave the assurance at the...

  • Posted May 21, 2014
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  Why we are listing on Nigerian Stock Exchange – Caverton

  Caverton, an indigenous firm with focus on the provision of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has explained that it is listing on the Nigerian Stock Exchange (NSE)...

  • Posted May 21, 2014
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  NCC bans sale, usage of phone-jamming devices

  The Director, Public Affairs, Nigerian Communications Commission, Mr. Tony Ojobo, on Monday warned against the sale and usage of phone-jamming devices in the country. Ojobo issued the warning in a statement made available to the News Agency of...

  • Posted May 21, 2014
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  Eko Disco to spend N1.3bn on electricity meters

  The Eko Electricity Distribution Company has announced plans to roll out 360,000 electricity meters to customers who are presently being billed without meters through estimation. The project will cost N1.3bn. The Managing Director/Chief Executive Officer, EKEDC, Mr....

  • Posted May 21, 2014
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  Hyosung, Inlaks offer cash recycling ATMs

  An Information Technology outfit, Nautilus Hyosung, in collaboration with its Nigerian partner, Inlaks Computers, has launched a cash recycling Automated Teller Machine capable of using cash deposit to pay customers. According to Nautilus Hyosung and Inlaks Computers,...

  • Posted May 21, 2014
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  FG begins process of merging NAMA, NCAA, NIMET

  Vice President Namadi Sambo on Tuesday inaugurated a special committee saddled with the responsibility of implementing the White Paper on the Steve Oronsaye-led Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions and Agencies. Prominent...

  • Posted May 21, 2014
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  Fitch downgrades Total’s outlook to negative

  Fitch Ratings has revised its outlook on Total SA’s long-term Issuer Default Rating (IDR) to negative, from stable.The global rating agency also affirmed the company’s IDR at ‘AA’. The negative outlook according to a release from Fitch...

  • Posted May 21, 2014
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