Lagos to sanction telecom  operators  over masts

Lagos to sanction telecom operators over masts

The Lagos State Government, weekend, threatened to impose fresh sanction in form of fine on all telecoms operators, over refusal to submit the accurate list of telecoms masts of each operator to the state.
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NALPGAM seeks govt intervention  on gas cylinders

NALPGAM seeks govt intervention on gas cylinders

Government intervention is urgently needed to stem the tide of acute shortage of gas cylinders in the country, which is threatening cooking gas consumption, the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, has said

LPG: Borkir to expand operations  across Africa

LPG: Borkir to expand operations across Africa

Borkir International Company Limited, a Liquefied Petroleum Gas (LPG) trading company in Nigeria and across West Africa, has announced plans to become the leading indigenous LPG trading company in the West and Central African region.

Huawei grows profit by  34% globally in 2013

Huawei grows profit by 34% globally in 2013

Huawei, a leading global information and communications technology (ICT) solutions provider, Tuesday, announced a 34 per cent growth in its profit for the 2013 financial year.

African Insurance Market Gearing up for sustained growth

African Insurance Market Gearing up for sustained growth

African insurance market is said to be warming up for sustainable growth as a result of good governance, adherence to market rules among others just as Nigeria insurance market topped the list of three attractive markets in the continent, according to A.M. Best. a renowned rating agency.

Kerosene  subsidy, tariffs, others frustrate LPG  growth

Kerosene subsidy, tariffs, others frustrate LPG growth

Unless Nigerians switch to the use of Liquefied Petroleum Gas (LPG), the country will continue to lose about N2.914 trillion, spent annually on the use of firewood, kerosene and kerosene subsidy, according to data obtained by Sweetcrude.

Renew deepwater lease, IOCs tell FG

Renew deepwater lease, IOCs tell FG

International oil companies, IOCs operating in Nigeria have called on the Federal Government to intervene in the extension of the period within which deepwater acreage lease is due for renewal.

‘Petrol subsidy stalls  autogas development’

‘Petrol subsidy stalls autogas development’

The continuous payment of subsidy on Premium Motor Spirit, PMS, also known as petrol to oil marketers in Nigeria has impeded the growth of Liquefied Petroleum Gas, LPG as auto fuel, the Group Managing Director, Banner Energy, Mr. Nuhu Yakubu, said.
Yakubu urged Nigerians to embrace LPG as a substitute to petrol because it is a cheaper and cleaner fuel than petrol or diesel.