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Saturday, February 22, 2020

SOAN Seek FG’s Support On Vessel Acquisition

SOAN Seek FG’s Support On Vessel Acquisition   The Ship Owners Association of Nigeria (SOAN) has called on the federal government to assist its members in...

Analysts Predict Positive Returns From Cement Sector

Analysts Predict Positive Returns From Cement Sector Analysts at Afrinvest (West Africa) have said the cement sector will deliver superior returns given the wide infrastructure...

Trump Proposes World Bank Critic as its President

Trump Proposes World Bank Critic as its President President Donald Trump on Wednesday nominated a well-known World Bank critic, David Malpass to lead one of...

Beware of Bitcoin, Swisscoin, Others, SEC Warns Nigerians

The Securities and Exchange Commission said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest...
NNPC Towers

50 Companies Bid for NNPC’s Boat Supply Term Contract

A total of 50 companies recently submitted bids to partake in the provision of sea worthy Tug boats on charter time basis for the...
Hadiza Bala-Usman NPA Boss

EODB In Jeopardy At Seaports As Agencies Flout Order

EODB In Jeopardy At Seaports As Agencies Flout Order The Presidential policy on Ease of Doing Business at seaports across the country seems to have...
NNPC Towers

NNPC to Set up Renewable Energy Plant in Benue

The Nigeria National Petroleum Corporation (NNPC) says plans are underway to set up an energy renewable plant that will use agro products to generate...

Port Harcourt Refinery Set to Commence Production of Aviation Fuel

As part of efforts to reposition for profitability in line with the 12-point agenda of the management of the Nigerian National Petroleum Corporation (NNPC),...

ICAN Inaugurates New OAuGF Chapter

ICAN Inaugurates New OAuGF Chapter The Office of the Auditor-General for the Federation (OAuGF) Chapter of the Institute for Chartered Accountants of Nigeria (ICAN) has...

Discos: We’ve capacity To Distribute 6,288MW Of Electricity

Discos: We’ve capacity To Distribute 6,288MW Of Electricity Power distribution companies say they have capacity to take and distribute 6,288.96 megawatts of electricity, refuting the...

Now Is Time To Remove Fuel Subsidies

The dramatic change in the level of subsidy was due to the increase in national demand to 35million litres/day, sometimes, more, as well as...

African airlines record 11% passenger growth – IATA

The Global passenger traffic has recorded 11.7 per cent growth in May 2017, showing African airlines leading all regions compared to the results in...

NAICOM Bars Insurers From Selling Products Through Banks

The National Insurance Commission has barred all underwriting companies from selling their products through the banks and other financial institutions. The Commissioner for Insurance, Mr....

Dangote Eyes South African Cement Company

Dangote Cement has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media has reported. PPC is already considering...
Dr-Maikanti-Baru-NNPC

NNPC Boss Restates Commitment to Growth, Profitability

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Kacalla Baru says NNPC under his watch will continue with the...

NSE Gives Deadline to Quoted Firms on Annual Reports

Quoted companies that have not submitted their yearly reports and financial statements must do so to the Nigerian Stock Exchange (NSE) in the next...

NNPC Records Trading Surplus of ₦5.20billion in August

NNPC Records Trading Surplus of ₦5.20billion in August … Distributes 1.92billion Litres of PMS The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus...
House of Reps

Reps Oppose Planned Rail Line Concession to GE

The House of Representatives has opposed moves by the Federal Executive Council to concede the Lagos-Kano and the Port Harcourt-Maiduguri rail lines to General...
Refineries

FG, Oil Firms Spent Over $40 billion on Niger Delta In Ten Years

The Minister of Petroleum Resources, Dr Ibe Kachikwu has disclosed that various government entities as well as oil companies in the Niger Delta region...

Dangote Cement invests $5bn in new factories

Dangote Cement Plc invested over $5bn to build 44 million tonnes per annum cement factories in eight African countries in 2015, the firm said...