All posts tagged "headline"
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FG sells Egbin power plant for $407m
National Council on Privatisation (NCP) has approved the sale of 70 per cent of Egbin Power Plant in Lagos to a Korean firm, KEPCO, for $407.3 million. Chairman of the Technical Committee of the NCP, Atedo Peterside,...
- Posted March 1, 2013
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House of the Week: N150m Four Bedroom Town House For Sale In Osborne Foreshore, Ikoyi
Our property of the week is this elegant 4 Bedroom Town House located at Osborne Foreshore Phase I in Ikoyi, Lagos This tastefully designed home benefits from various luxury features including a swimming pool, lawn tennis court,...
- Posted March 1, 2013
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FinBank didn’t approve Nwosu’s purchase of shares with depositors’ funds – Witness
The Economic and Financial Crimes Commission, EFCC, on Thursday, February 28, 2013, told a Lagos State High Court sitting in Ikeja, that the former managing director of the defunct FinBank Plc, Okey Nwosu and three of his...
- Posted March 1, 2013
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Most stolen iPhones are in Africa and China – Report
Ever since cell phone carriers created a national registry of stolen phones on Nov. 1, it’s become much harder, if not impossible, to reactivate one in the U.S. That’s the good news. Here’s the bad: The database...
- Posted February 27, 2013
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Power supply: FG installs three power sub-stations in Lagos
The Federal Government, Wednesday, gave a boost to power supply in the country with the acquisition and installation of three units of 15 MVA (Megavolt Ampere) injection sub-stations in Lagos. Speaking during the commissioning of the three...
- Posted February 27, 2013
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Low-income earners must get 20% of houses – FG
The Federal Government on Tuesday said that developers of new estates in the country must, henceforth, incorporate between 15 and 20 per cent low-income houses in their projects. This, according to the government, is in line with...
- Posted February 27, 2013
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Nationalised banks: AMCON advisers set to submit report
The financial advisers appointed to value the three nationalised banks preparatory to the exit of the Asset Management Corporation of Nigeria from them and their eventual sale to investors will submit their report later this week. The...
- Posted February 27, 2013
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Air passengers are entitled to compensation for flight cancellations, delays – NCAA
The Nigerian Civil Aviation Authority (NCAA) says air passengers are entitled to compensation from airlines for flight cancellations. Ify Megwa, NCAA’s Acting Director, Consumers Protection Directorate, made the announcement in an interview in Abuja on Tuesday. She...
- Posted February 27, 2013
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Key MDAs to work six days in a week from March – Governor Fashola
Lagos State Government yesterday said from first week of March, it would commence Saturday’s services in some key ministries, departments and agencies, aimed at enhancing efficient and effective service delivery to members of the public. This is...
- Posted February 27, 2013
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Closed market: We’re losing N100bn daily – Ladipo traders
TRADERS in the popular Ladipo auto parts market closed down, yesterday, by Lagos State Government on Monday have started counting their losses, saying they are losing at least N100 billion daily. Traders who spoke to Vanguard yesterday,...
- Posted February 27, 2013