All posts tagged "headline"

• 
  Why international financiers shunned Nigeria’s power privatisation

  FIVE months after the privatisation of the Power Holding Company of Nigeria, PHCN’s assets, uncertainty and transparency issues have been identified as reasons why international financial institutions shunned the exercise. The Country Manager, AF Mercados, a specialist consulting and...

  • Posted March 26, 2014
  • 0
• 
  Power generation drops by 963MW

  The erratic supply of electricity to homes and business premises in the last two weeks is as a result of the drop in power generation by about 963 megawatts as a result of gas supply constraints. The...

  • Posted March 26, 2014
  • 0
• 
  Nigeria targets 500,000 tonnes of cocoa in 10 years

  The Federal Produce Inspection Service on Tuesday said that Nigeria planned to increase cocoa production to 500,000 tonnes in 10 years. A First Chief Control Officer of the service, Mr Israel Ikwejulor, made this known in an...

  • Posted March 26, 2014
  • 0
• 
  NLNG to remit N220bn into Federation Account

  THE management of the Nigeria LNG Limited, NLNG, said it will soon remit over N220billion from the 2013 company income tax to the Federation Account. The Managing Director and Chief Executive Officer of the company, Mr. Babs...

  • Posted March 26, 2014
  • 0
• 
  Experts split on using reserves to defend Naira

  With the nation’s external reserves falling below its lowest level in eighteen months, economic experts are divided over the policy of using the reserves to defend the naira. A snap poll of foreign exchange dealers and economic...

  • Posted March 25, 2014
  • 0
• 
  Interbank rate eases on bond maturity, budget disbursal

  The interbank lending rates fell 8.59 percentage points to an average of 10.41 per cent on Friday, from 19 per cent last week, after a liquidity boost from matured bonds and budget disbursals reached the banking system....

  • Posted March 25, 2014
  • 0
• 
  Stakeholders warn Nigeria may lose category one status in aviation

  Stakeholders in the Nigerian Aviation industry have expressed concern over recent developments in the sector of the national economy, warning that urgent steps must be taken to avert the danger of the country losing its Category One ...

  • Posted March 25, 2014
  • 0
• 
  NDDC Shops for Partners for East-West Road Construction

  The Niger Delta Development Commission (NDDC) has said it has completed the design of the proposed 704-kilometre East-West Road running from Calabar to Lagos and was now looking for partners for the execution of the project. Chairman...

  • Posted March 25, 2014
  • 0
• 
  Government, private sector neglect our services – NigComSat

  In spite of the robust services available on the Nigerian Communications Satellite in terms of bandwidth, the trend of government institutions and the private sector sourcing their satellite bandwidth requirements from foreign satellite operators have continued to...

  • Posted March 25, 2014
  • 0
• 
  NCC moves to protect telecoms subscribers’ interests

  Subscribers in the country’s telecommunications sector may be in for a good time as plans are underway to review the existing laws to accommodate new challenges confronting the industry. To achieve fair competition and consumer quality experience...

  • Posted March 25, 2014
  • 0