Crude oil, aviation fuel top import chart at Lekki deep-sea port
By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
MAN charges CBN to stop funding Bureaux de Change
THE Manufacturers Association of Nigeria, MAN, has charged the Central Bank of Nigeria, CBN, to stop funding the Bureau de change market.
Photos: Hiphop star Akon to introduce Africa’s first solar-powered football pitch
The technology, which was invented by a British engineer called Laurence Kemball-Cook, consists in placing more than 90 electronic tiles under an artificial turf. Each time a player steps on a tile, he generates 7 watts of kinetic energy.
Emefiele promises robust economy, stable currency in 2016
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the apex bank is evolving additional measures to boost the nation’s economy and stabilise the naira.
Atlantic Energy repositions for the future
Atlantic Energy Drilling Concepts Nigeria Limited, an indigenous exploration and production company, said it is undergoing a holistic transformation aimed at placing it on a good pedestal to compete in the nation’s oil and gas industry. This followed the approval by the Presidency for the implementation of the company’s debt repayment plan, which before now has prevented it from operating optimally as an exploration and production company.
NIPF: SEC to compensate 580 complainants
THE Securities and Exchange Commission (SEC) has announced the official take-off of the National Investors Protection Fund (NIPF) and conclusion of arrangement to compensate a total of 580 investors whose claims have been successfully verified.
