Terminal Operators Seek Reduction in Vehicles’ Import Duty The Seaport Terminal Operators of Nigeria have urged the Federal Government to consider a reduction in import duty...
Cross River to Complete 21MW Power Plant February The Cross River State Governor, Senator Ben Ayade, has set February 17, 2017 deadline for the delivery of...
NCAA Gives Arik 48 Hours to Produce Passengers’ Luggage The Nigerian Civil Aviation Authority has intervened in the rift between Arik and some of its passengers...
Nine Power Plants Shut, Shiroro, Jebba Lose 245MW Nine of the nation’s 26 power plants did not generate any megawatts of electricity on Wednesday, coupled with...

Don’t Charge Above 9%, CBN Warns Banks The Central Bank of Nigeria on Wednesday warned Deposit Money Banks participating in the disbursement of its intervention funds...

Kano Promises 100 Firms Constant Electricity Supply The Kano State Government says it has concluded plans to provide 100 companies out of the 600 in the...

Australia’s Economy Shrinks Most in Eight Years; Currency Slumps While Australia’s economy shrunk last quarter, it’s probably more of a red flag than a precursor to...

U.A.E. Oil Minister Says OPEC Will Act Again If Prices Decline A cut in global oil output by 1.8 million barrels a day would be enough...

Stanbic IBTC Pension Boss Sees Huge Growth Opportunities in Pension Sector The Chief Executive Officer, Stanbic IBTC Pension Managers, Eric Fajemisinmi, has said that despite the...

Nigeria Spent N450bn on Foreign Technologies in 2015 The Chairman, Nigeria Association of Information Technology Enabled Outsourcing Companies (NAITEOC), Mr. David Onu, has said the country...