All posts tagged "headline"

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  Gas price may not affect electricity bill

  Electricity generation and distribution firms have said the planned increase in the price of gas supplied to power plants may not lead to a direct rise in electricity tariffs across the country. According to them, reports of...

  • Posted March 24, 2014
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  Delayed LNG projects deny Nigerians 50,000 jobs

  The continued delay of three major Liquefied Natural Gas projects in the country is not just costing economic loses; it is also denying Nigerians 50,000 construction jobs. The Chief Executive Officer/Managing Director, NLNG, Mr. Babs Omotowa, said...

  • Posted March 24, 2014
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  Shell denies having pending liability in Nembe community

  The Shell Petroleum Development Company (SPDC) says it has no pending oil spill and gas flare liabilities in Nembe community of Bayelsa. The SPDC’s spokesman, Mr Joseph Obari, made the clarification in a statement made available to...

  • Posted March 23, 2014
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  Nigeria, Namibia to build joint oil refinery

  The Federal Government and the Republic of Namibia have proposed to construct a joint oil refinery to maximise cooperation in the area of energy. The decision was reached during the two-day official visit of President Goodluck Jonathan...

  • Posted March 23, 2014
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  NLNG Debunks Allegations of Non-remittance to Federation Account

  The management of the Nigeria Liquefied Natural Gas Company (NLNG) has denied allegations of non-remittance of funds accruing from the company to the Federation Account from 2004 to date which was made against it by the House...

  • Posted March 23, 2014
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  Hyundai Motors partners First Bank for flexible payment

  Hyundai Motors Nigeria has inaugurated a sales offer in partnership with First Bank Plc., to enable more desiring customers to experience Hyundai’s cutting-edge technology, the company’s officials have said. They said the offer, which is tagged ‘Always...

  • Posted March 23, 2014
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  Power takes centre stage as Lagos hosts 7th Economic Summit

  Although adequate and constant supply of electric power is the engine of socio-economic growth elsewhere, the perennial inadequacy of power and sometimes its lack in Nigeria has remained the bane of industrial, commercial and social infrastructure development...

  • Posted March 23, 2014
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  Consumers bemoan continued crazy billing

  In spite of promises made by the Federal Government to improve electricity through the recent privatisation of the Power Holding Company of Nigeria, electricity consumers in the country have continued to complain about poor service. Beyond that,...

  • Posted March 23, 2014
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  Verve, EMVCo partner to boost payment system

  Verve International, an African payment card scheme, has joined EMVCo as a business and technical associate, a statement by the firm has said. As part of the EMVCo associates programme, Verve will provide input into the enhancement...

  • Posted March 23, 2014
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  Demand for cement increasing – UniCem MD

  The Managing Director of United Cement Company of Nigeria Limited, Mr. Olivier Lenoir, speaks with MUDIAGA AFFE on the situation in the cement industry and the company’s new cement line Currently, the price of a 50kg bag of cement...

  • Posted March 23, 2014
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