Don't Miss


All posts tagged "headline"

  • Underwriters to get N13bn premium from NNPC

    One of the biggest customers of the insurance industry, the Nigerian National Petroleum Corporation, has completed arrangement to renew its insurance contract for this financial year for a premium of $79.4m (N12.9bn), investigations have revealed. According to...

    • Posted April 18, 2014
    • 0
  • Power firm promises prepaid meters in 18 months

    THE new owners of Port Harcourt Electricity Distribution Company, 4Power Consortium, has promised to deliver prepaid meters to electricity consumers in Rivers, Bayelsa, Akwa Ibom and Cross River states within 18 months. The Managing Director of the...

    • Posted April 18, 2014
    • 0
  • FG calls for investment in renewable energy

    The Federal Government has called on foreign investors to take advantage of the abundant renewable energy resources in Nigeria by investing in it for power generation. Aside investing in renewable energy, the government also stressed the available...

    • Posted April 18, 2014
    • 0
  • ATMs: Banks seek software upgrade extension from Microsoft

    Deposit Money Banks are discussing with Microsoft to seek extension of technical support for Windows XP software following the expiration of the deadline set by the American company on April 8. Microsoft has stopped supporting the security...

    • Posted April 18, 2014
    • 0
  • NIPP privatisation: NDPHC seeks payment extension for three bidders

    The Niger Delta Power Holding Company Limited (NDPHC) may have written to its managing board to grant approval for the extension of the 15 per cent initial payment deadline for three preferred bidders of its power plants....

    • Posted April 18, 2014
    • 0
  • Nigeria loses $6bn in trade with UAE

    The volume of trade between Nigeria and Dubai has continued to dwindle as a result of the failure of the Nigerian Ambassador to the United Arab Emirates (UAE), Ibrahim Awailu to transfer the Nigerian Trade Centre (NTC)...

    • Posted April 17, 2014
    • 0
  • NSE capitalisation hits N12.91tn as Seplat climbs higher

    The capitalisation of the equities market hit a one-month peak of N12.910 trillion yesterday as Seplat Petroleum Development Company Plc price rallied for the second day on high demand by investors. The oil and exploration company, listed...

    • Posted April 17, 2014
    • 0
  • GTBank, Avios introduce loyalty reward scheme

    Guaranty Trust Bank Plc has announced the introduction of its new loyalty scheme exclusively for holders of its credit card. According to a statement by the bank, the loyalty scheme is developed in partnership with Avios, a...

    • Posted April 17, 2014
    • 0
  • Skye Bank appoints Oguntayo CEO-designate

    The board of directors of Skye Bank Plc has  approved a successor to the incumbent Group Managing Director/Chief Executive Officer, Mr. Durosinmi-Etti who will retire from the bank on July 31, 2014 at the end of his...

    • Posted April 17, 2014
    • 0
  • Nigeria could lose billions to new wave of import duty, tax waivers – NAMA

    The 19-member strong Nigerian Auto Manufacturers Association of Nigeria (NAMA) has written to the federal government asking it to cancel a new wave of import duty waivers granted to an unnamed businessmen to import cars into the...

    • Posted April 17, 2014
    • 0