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All posts tagged "ticker"

  • Ifeanyi Ubah is a Fraudster of Magnitude – Cosmas Maduka

      Managing Director, Coscharis Group of Companies, Dr. Cosmas Maduka, has vowed to ensure that he collects back all the money due to him that Managing Director, Capital Oil and Gas Industries Limited, Mr. Ifeanyi Ubah, has...

    • Posted November 5, 2012
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  • Ex-corps member sues NYSC, INEC for negligence

    An ex-member of the National Youth Service Corps, Catherine Nzegwu, has dragged the National Youth Service Corps and Independent National Electoral Commission to court for allegedly neglecting her following an accident she sustained during the voters’ registration...

    • Posted November 5, 2012
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  • CAC commences 24-hour business registration in Lagos and Abuja Offices

    Nigeria, on Thursday, recorded a major boost in its Investment Climate Reforms Programme, as the Corporate Affairs Commission, a parastatal under the Ministry of Trade and Investment, officially commenced its start-to-finish 24-hour business incorporation service. What this...

    • Posted November 2, 2012
    • 0
  • FG to provide $1bn guarantee for local airlines

    The Federal Government is set to provide bank guarantees to enable indigenous airlines to buy new and serviceable airplanes. Plateau State Governor, Mr. Jonah Jang, disclosed this to State House correspondents at the end of the National...

    • Posted November 2, 2012
    • 1
  • Nigeria Approves Siemens, Korea Electric Power Grid Bids

    Nigeria approved bids from companies including Siemens AG (SIE) and Korea Electric Power Corp. (KEP) for 10 state-owned power distribution companies, marking the end of a five-year privatization process. The successful bids were worth more than $1.3 billion, the Abuja-based National...

    • Posted October 31, 2012
    • 0
  • Naira Gains on Investor Inflows, Oil Industry Supply

    The naira strengthened as offshore investors bought the nation’s short-term debt and oil companies sold dollars to lenders. The currency of Africa’s largest oil producer gained less than 0.1 percent to 157.20 per dollar as of 11:09 a.m....

    • Posted October 30, 2012
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  • Nigerians top list of private jet owners in Africa, Spend N1.3 trillion on Wonders on Wings

      WITH Nigeria holding the record of a country with the highest private jet ownership in Africa, the aviation sector has brought into sharp relief the paradox of a nation that is endowed with huge oil resources...

    • Posted October 29, 2012
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  • Flooding cuts Oil production by 500,000 barrels per day

      Nigeria has lost at least a fifth of its oil output in recent weeks due to severe flooding and oil theft, government oil officials said on Wednesday, in comments that helped push oil prices higher. Nigeria’s...

    • Posted October 25, 2012
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  • Nigeria to hold Oil licensing round by year-end – Minister

    Nigeria will hold an oil exploration bidding round before the end of the year, while licence renewal talks with Shell and Chevron over existing onshore fields are in their final stages, the oil minister told Reuters on...

    • Posted October 23, 2012
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  • Murky deals cast doubt over Nigeria’s power privatization

      For decades Nigeria has failed to fix chronic electricity shortages that stifle growth and help keep millions in poverty. That is about change, the government says, when most of the power sector is privatized by the...

    • Posted October 22, 2012
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