All posts tagged "headline"
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Aiteo to build 100,000bpd refinery in Warri
An indigenous full service energy group, Aiteo, has said it will build a 100,000 barrels per day crude oil Greenfield refinery in Warri, Delta State by 2017. The company, in a document made available to our correspondent...
- Posted April 26, 2014
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We’ve not increased cement prices – Dangote
Dangote Cement Plc has said that it has not increased the prices of its product and that the rebranding of its 42.5 grade of cement is at no extra cost to the consumers. The company in a...
- Posted April 26, 2014
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Turkey, Nigeria bilateral trade volume still low – Envoy
The Turkey Ambassador to Nigeria, Mr. Mustafa Pulat, has said that at $1.5bn, the bilateral trade between his country and Nigeria is very low. According to him, the figure does not represent the potential of both countries...
- Posted April 26, 2014
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Lekki-Ikoyi bridge toll to continue pending appeal – Court
A Federal High Court, Lagos, which declared toll collection on Lekki-Ikoyi bridge illegal, has ordered a stay of execution of the judgment. Justice Saliu Saidu, in a ruling on Friday, granted the application for stay of execution...
- Posted April 26, 2014
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Power sector monthly invoiced revenue averages N23bn – PTFP
The Presidential Task Force on Power (PTFP) yesterday stated that the total monthly invoiced revenue generated from exchanges in power generated in the electricity sector now averages about N23 billion. PTFP however noted that the monthly revenue...
- Posted April 26, 2014
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Diamond Bank, Airtel partner NACC to boost economy
Diamond Bank Plc, Airtel, and Mutual Benefits Assurance are partnering the National Association of Cooperative Consultants (NACC) to boost small scale businesses in Nigeria with the pilot project kicking off in Oyo, Osun, Ondo, Ekiti, Ogun, Kwara...
- Posted April 25, 2014
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Dangote, Okonjo-Iweala on Time’s 100 most influential list
Africa’s wealthiest man, Aliko Dangote, and the Minister of Finance, Dr. Ngozi Okonjo-Iweala, have been named among the 100 most influential persons on earth by the Time Magazine. Microsoft Founder and Co-Chair, Bill and Melinda Gate Foundation, Mr. Bill...
- Posted April 25, 2014
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Operators lose business over extended SIM card ban
The ban on sales of SIM cards imposed on MTN, Airtel and Globacom by the Nigerian Communications Commission (NCC) has become a great source of worry to the operators who are currently losing huge sum of money...
- Posted April 25, 2014
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Brokers harps on patronage of Capital Market
The Chartered Institute of Stockbrokers (CIS) has restated the importance of the nation’s capital market to development and growth of the Nigerian economy. The President of The institute, Mr. Ariyo Olushekun, who stated this in an interview...
- Posted April 25, 2014
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FBN Capital may fund IOCs asset divestment
The Managing Director/Chief Executive Officer, FBN Capital, Mr. Kayode Akinkugbe, has said the company hopes to play a role in arranging finances in the ongoing oil and gas asset divestment by International Oil Companies operating in the...
- Posted April 25, 2014