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All posts tagged "headline"

  • Nigerian oil firms to raise $1bn for expansion

    Two Nigerian oil and gas companies have announced plans to raise about $500m each to expand their operations, making a total of $1bn. A Nigerian upstream independent firm, Seplat Petroleum Development Company, said in a Similarly, Japaul...

    • Posted March 14, 2014
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  • FBN to design non-collateral loan product

    Concerned by the challenge of access to finance in the country, First Bank of Nigeria Limited has said it would soon launch a system that would ensure that its customers access loans without collateral. Specifically, the bank...

    • Posted March 14, 2014
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  • Aregbesola empowers 200 women with N5.2m through QIIP programme

    Osun State Governor, Ogbeni Rauf Aregbesola, has distributed cheques totalling N5.2 million to two hundred women in oil palm business in Ife South Local Government, through the state’s Quick Impact Intervention Programme (QIIP). Aregbesola who was represented...

    • Posted March 14, 2014
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  • Standard Chartered invests $57m in energy firm

    Standard Chartered’s Private Equity Africa (SCPE) division has announced its first investment in Africa’s developing power sector. The SCPE invested $57 million in Zambian Energy Corporation, the controlling shareholder of Copperbelt Energy Corporation Plc (CEC). A statement...

    • Posted March 14, 2014
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  • Firm plans 1,000 agents for electricity bill payment

    A revenue collection firm for the Ikeja Electricity Distribution Company, Scratch `N’ Pay, has urged prepaid meter customers to embrace the use of recharge cards for prompt payments of their bills. The company, in a statement on...

    • Posted March 14, 2014
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  • OPEC boosts demand estimate

    The Organisation  of   Petroleum Exporting Countries bolstered forecasts for the amount of crude it will need to provide this year as the economic recovery stokes global fuel consumption. Iraq, its second-largest member, pumped the most oil since...

    • Posted March 14, 2014
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  • We will resist privatisation of refineries – NUPENG

    The Nigeria Union of Petroleum and Natural Gas Workers has said that it will resist plans by the Federal Government to privatise the country’s refineries. The President, NUPENG, Mr. Achese Igwe, said in a statement, “NUPENG takes...

    • Posted March 14, 2014
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  • Nigerians unfair, ignorant of our operations – NNPC

    The Nigerian National Petroleum Corporation on Thursday lamented that Nigerians were unfair to the cooperation and were ignorant of its operations. According to the NNPC, the incessant attacks on it by the masses were demoralising thousands of...

    • Posted March 14, 2014
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  • FG to forward four maritime bills to National Assembly — Jonathan

    PRESIDENT Goodluck Jonathan has said that the Federal Government will soon forward four maritime bills to the National Assembly for consideration and passage into law. The four bills include:  National Transport Commission, NTC, bill, the Railway bill,...

    • Posted March 14, 2014
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  • Embrace cashless policy to curb corruption – Acting CBN Governor

    ACTING-governor of Central Bank of Nigeria, CBN, Mrs. Sarah Alade, yesterday, urged stakeholders to sincerely embrace the cashless policy of the bank, so as to curb corruption in Nigeria and meet the vision 2020 requirement, which according...

    • Posted March 13, 2014
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