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All posts tagged "headline"

  • Stakeholders advocate more investment in agriculture

    Agriculture has grown over the years and could be the future mainstay of the country’s economy, stakeholders have said. The Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, said agriculture was a viable business, which more...

    • Posted January 27, 2014
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  • Nationwide power supply dips by 300MW

    Nigeria’s    electricity supply capacity is to drop by about 300 megawatts (MW), the Transmission Company of Nigeria (TCN) has said. TCN stated in a statement Sunday in Abuja that the unavoidable drop in the quantity of power...

    • Posted January 27, 2014
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  • Mortgage Refinance Company targets N100bn capital

    Facts emerged yesterday that the Nigeria Mortgage Refinance Company (NMRC) plans to capitalise its operation to about N100 billion by the end of the second half of this year, when it is expected to have commenced its...

    • Posted January 27, 2014
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  • FG loses N74.6bn to pipeline vandalism

    Nigeria lost N74.76bn as a result of gas pipeline vandalism last week Saturday, an investigation conducted on Friday has shown. The loss, it was learnt, followed the shutdown of the Escravos-Warri stretch of the Escravos Lagos Pipeline...

    • Posted January 27, 2014
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  • NBS to release rebased GDP in three weeks

    The National Bureau of Statistics on Thursday said that barring unforeseen contingencies, the rebased Gross Domestic Product report would be released within the next three weeks. The Statistician-General/Chief Executive, NBS, Dr. Yemi Kale, said this in Abuja...

    • Posted January 27, 2014
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  • Dana Air announces resumption of operations

    More than three months after it was grounded for technical and safety reasons, Dana Air may have received a go ahead to resume operations. A statement from the airline said, following the successful outcome of the operational...

    • Posted January 26, 2014
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  • Metering system in oil & gas sector takes off next month

    The Federal Government has scheduled February 1, 2014 to commence full implementation of metering system in the oil and gas industry under its Weights and Measures Act. The Director of Weights and Measures, Federal Ministry of Industry,...

    • Posted January 26, 2014
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  • Caution Okonjo-Iweala, Okogu – TUC tells FG

    The Trade Union Congress of Nigeria has urged the Federal Government to immediately caution the Minister of Finance, Dr. Ngozi Okonjo-Iweala, and the Director-General, Budget Office of the Federation, Dr. Bright Okogu, against feeding the public with...

    • Posted January 26, 2014
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  • Under-capitalisation bane of insurance sector — Aig-Imoukhuede

    Chairman of Wapic Insurance Plc, Mr. Aigboje Aig-Imoukhuede, has attributed under-performance in insurance sector to under-capitalisation, deficiencies in technical capacity and poor compensation structure among others. Speaking when he visited the management of the National insurance Commission,...

    • Posted January 26, 2014
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  • NSE to hire external advisers for demutualisation exercise

    Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, has said that arrangement is underway to hire external advisers that will champion the demutualisation of the stock exchange. He made the remark in an...

    • Posted January 26, 2014
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