All posts tagged "headline"
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Power generation drops by 450MW
Electricity generation has dropped by 450 megawatts, the Transmission Company of Nigeria has said. The firm said the drop on Saturday was due to vandalism of pipelines supplying gas to the Okpai Power Plant in Delta State....
- Posted November 26, 2013
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Sale of refineries may not be transparent – Experts
There are fears in the Nigerian oil industry that the planned sale of the four government refineries, with a combined capacity of 445,000 barrels per day, may not be transparent. Sources in the industry, who spoke with...
- Posted November 26, 2013
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South African firm invests $270m in Nigeria’s oil industry
CAMAC Energy Incorporated has entered into a definitive agreement with the Public Investment Corporation Limited of South Africa for a $270m equity investment to boost its operation in the Nigerian oil and gas industry. The investment is...
- Posted November 25, 2013
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Indigenous firms seek role in N457bn power investment
Indigenous steel fabricating companies are seeking to play a major role in the N457bn power transmission infrastructure investment planned by the Federal Government. With huge transactions underway for the transformation of the Transmission Company of Nigeria, which...
- Posted November 25, 2013
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Chevron trains 58 workers
Fifty eight Nigerian professionals working under the Nigerian National Petroleum Corporation/ Chevron Joint Venture have undergone a special training session in the local content operation with the aim of boosting capacity in the oil and gas industry....
- Posted November 25, 2013
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Investors shift attention from bank stocks in anticipation of low dividend
Despite the effort of the Central Bank of Nigeria to downplay the impact of the regime of tight monetary policy on banks’ performance, feelers from the Nigerian stock market last week showed that the fear of a...
- Posted November 25, 2013
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Election spending gives CBN course for concern
The lobby by some members of the banking community for moderation in the monetary policy rates was high before last week’s Monetary Policy Committee meeting of the Central Bank of Nigeria. But at the end of the...
- Posted November 25, 2013
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Analysts predict bumper returns for Conoil investors
Investors in Conoil Plc are assured of bumper returns on their investments this year, going by projections by capital market analysts and experts of substantial growth in the company 2013 full year revenue and profits as well...
- Posted November 25, 2013
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Trustfund Pension savings hit N250bn
THE management of Trustfund Pension Plc has announced that the customers savings under its custody has risen to N250 billion with about 560,000 contributors. THE Abuja Regional Manager of the Trustfund Mr. Maurice Ogar, who disclosed this...
- Posted November 24, 2013
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Privatisation is not the solution, government should rise to its responsibility – Wogu
Barrister Christian Wogu Esq.is a Principal Counsel at Shechinah Law House; the president of Shechinah Business School and an author. In this interview with Saturday Vanguard Business, he reveals how government’s inability to set standards in the...
- Posted November 24, 2013