‘Power generation firms are operating at a loss’
Association of Power Generation Companies of Nigeria (APGCN), has said its members are operating at a loss, as the percentage of revenues received do not cover their operating costs.
Ambode tasks civil servants on transparency, simplified processes
Lagos State Governor, Akinwunmi Ambode has charged the state civil servants to be transparent on government activities, finances and a simplified bureaucratic process for its citizens.
‘Nigeria, 14 others generate 80% of Africa’s GDP’
Nigeria and 14 other countries are currently generating over 80 per cent of Africa’s Gross Domestic Product (GDP).This is according to Jumia Nigeria in its 2017 African Mobile Trends study, presented on Tuesday, to herald the commencement of the Jumia Mobile Week, which starts from April 24 to 30.
LCCI empowers over 200 youths under mentoring initiative
To tackle rising unemployment rate among teeming Nigerian youths, the Lagos Chamber of Commerce and Industry (LCCI) has empowered about 65 potential entrepreneurs with the requisite skills needed to remain successful and profitable while doing business in the country.
NCDMB boss assures local oil, gas firms of support
Indigenous oil and gas firms have been assured of support by the Executive Secretary of Nigerian Content Development Board (NCDMB), Simbi Kesiye Wabote.Wabote spoke when he visited AOS Orwell’s Titan Tubular Division in Onne in Rivers State as part of his facility tour of selected companies in Onne Trade Free Zone.
CIBN resolves over N15b cases of infraction, promotes best practices
Notwithstanding the challenges bedevilling the banking profession, the Chartered Institute of Bankers of Nigeria (CIBN) has resolved financial disputes valued at over N15 billion between customers and deposit money banks, even as it continues to promote global best practices among operators.
FG inaugurates panel on CFTA deal, promotion of investments
Preparatory to the commencement of the Continental Free Trade Area (CFTA) deal, the Federal Government has inaugurated a twenty-one man national committee to negotiate the deal as well as identify opportunities to promote investments in the economy.
Abia lawmakers accuse Enugu DisCo of poor services, outrageous billing
Abia State lawmakers have joined other electricity consumers in the state in condemning the poor services rendered by the Enugu Electricity Distribution Company (EEDC), and accused the company of extortion through the issuance of outrageous bills.
No fuel crises under my watch, says IPMAN boss
Abdufari stated this to newsmen shortly after he was honoured in Katsina state by officials of the association on his recent election. He said he "would do his best to ensure availability of petroleum products" in every nook and cranny of the country.