All posts tagged "headline"
-
813 illegal oil refineries destroyed in 2013 – Civil Defence
The Nigeria Security and Civil Defence Corps destroyed 813 illegal oil refineries and arrested over 1,590 oil-related criminal suspects in 2013, Dr Ade Abolurin, the Commandant-General, has said. This is contained in a statement signed by CSC...
- Posted January 1, 2014
-
Non-payment of bills posing big challenge to DISCOs – BEDC
THE management of Benin Electricity Distribution Company, BEDC, in charge of Asaba and Agbor districts in Delta State, has decried the non-payment of electricity bills by consumers, noting that same was posing a big challenge to the...
- Posted December 31, 2013
-
Fuel scarcity looms as oil workers insist on strike
Fuel scarcity looms as the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, and Petroleum and Natural Gas Senior Staff Association of Nigeria, PENSASSAN, yesterday insisted on going on strike tomorrow to protest the proposed sale...
- Posted December 31, 2013
-
Stock market value rises to N12.87tn
The equities segment of the Nigerian capital market, which has posted impressive annual returns in the last two years, has reached a new high in terms of value. On Friday, the market capitalisation, which measures the value...
- Posted December 31, 2013
-
Nigerians may celebrate New Year in darkness
Majority of Nigerians may celebrate the New Year festivity in darkness as power cut worsens. Many electricity consumers were thrown into darkness during the Yuletide season and the situation has not improved. Our correspondent learnt that power...
- Posted December 31, 2013
-
LCCI raises concern over SMEs, manufacturing sector
The Lagos Chamber of Commerce and Industry has expressed concern over the state of Small and Medium Enterprises and the manufacturing sector, which it described as the most troubled sector of the economy. In a statement on...
- Posted December 31, 2013
-
Firms bicker over Chevron oil blocks
Controversy has continued to surround the sale of oil blocks belonging to Chevron Corporation of the United States and its Nigerian subsidiary, Chevron Nigeria Limited. Two indigenous oil firms, First E&P and Petroleos De Geneve, are at...
- Posted December 31, 2013
-
Expert optimistic about more jobs from tourism sector in 2014
Mr. Wale Odeyemi, the Zonal Coordinator, National Institute for Hospitality and Tourism, South West Campus, on Friday said that tourism sector would boost employment in the country in 2014. Odeyemi disclosed this in an interview with the...
- Posted December 30, 2013
-
2013 Review: Private sector takes over Nigeria’s electricity market
The privatisation of the country’s power sector which commenced last year was consummated this year. Major hurdles along the process were dismantled, paving the way for the private sector to finally take over the worrying electricity market,...
- Posted December 30, 2013
-
We’ll pass PIB in 2014 – Rep
CHAIRMAN, House Committee on Petroleum Resources, downstream sector, Dakuku Peterside, has said the National Assembly would pass the Petroleum Industry Bill, PIB, next year. Peterside, who made this disclosure at the weekend said ”both legislative chambers are...
- Posted December 30, 2013