All posts tagged "headline"

• 
  Fitch Ratings: Nigeria’s economic fundamentals remain strong – Rewane

  The stable outlook assigned to Nigeria’s long-term foreign and local currency Issuer Default Ratings (IDR) by Fitch Ratings on Friday has been defended by economists who described the latest report as a fair reflection of improvement in...

  • Posted April 14, 2014
  • 0
• 
  GE, partners to double power generation to 10,000MW

  General Electric has said it is working with the federal government and some generation companies to raising the power level from the current 5,000 megawatts (MW) to 10,000 MW by 2019. President and Chief Executive Officer, GE...

  • Posted April 14, 2014
  • 0
• 
  Controversy over retirement of surveyor-general

  Trouble is brewing in the Office of the Surveyor-General of the Federation over the retirement age of its head, Prof. Peter Nwilo, who clocked 60 recently. Some aggrieved employees of the OSGOF are calling for the exit...

  • Posted April 14, 2014
  • 0
• 
  Electricity consumers paying for investors’ losses — Source

  Electricity consumers are now paying for the technical losses being suffered by new power investors, investigation has revealed. A senior official in one of the electricity distribution companies, who asked not to be named, told Sunday PUNCH that over...

  • Posted April 14, 2014
  • 1
• 
  Diamond Bank declares N8.4bn profit for Q1

  Diamond Bank Plc has announced a profit after tax of N8.447bn for the first quarter of 2014. The amount represents a 34 per cent rise on the N6.289bn PAT it posted for the same period of 2013....

  • Posted April 13, 2014
  • 0
• 
  Coscharis to build auto assembly plant

  Coscharis Motors, renowned distributor of a wide range of automobiles has started preliminary works to build an auto assembly plant in Lekki, Lagos. The auto assembly plant, which will be part of its existing showroom and workshop...

  • Posted April 13, 2014
  • 0
• 
  FCT Minister signs agreement on N2.9trn Abuja Centenary City

  Minister of Federal Capital Territory (FCT), Senator Bala Mohammed has signed an agreement for the development of N2.9 trillion Abuja Centenary City in commemoration of the 100 years of Nigeria’s nationhood. The agreement was signed between the...

  • Posted April 13, 2014
  • 0
• 
  Elumelu calls for private sector integration in development

  The Chairman of Heirs Holdings, Mr. Tony Elumelu, has emphasised the need for the integration of the private sector as a full partner in global development , given the constraints on official development assistance in the current...

  • Posted April 13, 2014
  • 0
• 
  Rebased GDP: Analysts examine Nigeria, South Africa’s economies

  Economic and financial analysts have continued to examined the various economic indicators of Nigeria and South Africa, after a rebased Gross Domestic Product of the West African nation jumped to $510bn. Most of Nigeria’s 170 million people...

  • Posted April 13, 2014
  • 0
• 
  Naira rises to six-week high

  The naira rallied to its strongest level in almost six weeks as the Nigerian National Petroleum Corporation was sold dollars to the local market. Oil producers, the NNPC are the biggest source of the United States currency...

  • Posted April 13, 2014
  • 0