Power firms in Nigeria lack capacity building – NBET
Power firms operating in Nigeria, especially in the electricity distribution subsector lack requisite capacity building initiatives, the Nigerian Bulk Electricity…
NSE index loses 0.57%, as Oando, Beta Glass, Cutix add weight
Trading on the Nigerian Stock Exchange (NSE) closed on a negative note on Thursday as the All Share Index depreciated…
Airlines in Nigeria generate N10.5b from ticket sales in seven months
The Nigerian Civil Aviation Authority (NCAA) on Thursday said that foreign and domestic airlines operating in the country sold N10.5…
N789m Subsidy Scam: EFCC closes case against Majope Investment
The Economic and Financial Crimes Commission (EFCC) has closed its case against Opeyemi Ajuyah, Majope Investment, Abdullahi Alao, Axenergy, and…
Lafarge Africa records 7% profit decline
The Nigerian Stock Exchange has published Lafarge Africa’s financial result for the nine months period ending 30th September 2015 which…
Dockworkers’ strike grounds port operations
Dockworkers under the aegis of the Maritime Workers Union of Nigeria (MWUN) on Thursday, October 22 commenced an indefinite industrial…
Senate finally screens Amaechi
Former Rivers State governor, Chibuike Rotimi Amaechi, was finally screened for ministerial appointment by the Senate on Thursday after the…
Twin bomb-blast rocks Maiduguri mosque
Another bomb attack has occurred in a mosque in Maiduguri, Borno State, killing and injuring many worshippers during the early…
Privatisation of downstream sub-sector will spur competition – Kachikwu
Privatisation of the nation’s downstream petroleum sub-sector will spur competition and develop the industry, says the Group Managing Director of…
Oil prices rise to 48 dollars
Oil prices rose to 48 dollars per barrel in the international market on Thursday following surge of the United States’…