ABUJA-The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Dr. Joseph Thlama Dawha has expressed the desire of the Corporation to enhance existing cordial...
PARIS – IMF chief Christine Lagarde, one of the world’s most powerful women, announced Wednesday she had been charged with “negligence” over a multi-million-euro graft case...
ABUJA-The Chairman of the Cement Company of Northern Nigeria Plc, Alhaji Abdulsamad Rabiu, has decried the high cost of electricity to power production equipment in his...
ABUJA-Some stakeholders in the finance industry have commended the Federal Government for its decision to use Micro-Finance Banks (MFBs) in distributing the N220 billion Micro, Small...
ABUJA-THE Federal Government has approved N50 billion to boost mechanized farming. Consequently, President Goodluck Jonathan has directed the Central Bank of Nigeria, CBN, to set aside...
LAGOS-As Nigerian banks invested about N750 billion in the power sector since its privatisation, it’s imperative that the security of this huge exposure rests squarely on...
LAGOS-The Nigerian Bulk Electricity Trader, NBET, has not demonstrated the readiness to midwife bilateral trading in electricity, said the Chairman, Manufacturers Association of Nigeria, MAN Apapa...
LAGOS-The Board of United Bank for Africa Plc, UBA, has named Mr. Tony O. Elumelu, CON, as Chairman to succeed Ambassador Joe Keshi. Mr. Elumelu until this...
Analysts at FBN Capital Limited have bemoaned the negative correlation between Nigeria’s oil output and economic development, saying the oil sector has contributed negatively to the...
ABUJA-The National Council on Power, NCoP, has mandated the Ministry of Power to collaborate with relevant agencies to develop a national policy on energy efficiency and...