Aba Integrated Power Project (Aba IPP) has signed a N15 billion new Transaction Implementation Agreement with its leading sponsors, Geometric Power project companies, pursuant to which Afrigem Integrated Utilities Limited becomes a core investor in the integrated electricity power project. According to the parties, the new Transaction Implementation Agreement is expected to help fast-track the commissioning of the plant to takeoff in November and start the generation and distribution of quality electricity power to the residents of Aba metropolis.

Arguably some people attribute the roles of the very senior people in organisations to be more relevant than those who are at the lower rung of the ladder. This misconception was predicated upon the fact that a senior person in an organisation is assumed to have an ‘all time high’ important role to play while a junior officer has the least role. Come to think of a situation where an organisation has no customer service officers to attend to the issues of the custome

Seventeen insurance companies are to face sanctions by the insurance industry regulator, the National Insurance Commission (NAICOM) for failure to meet the June 30 deadline for submission of their 2014 accounts.

A survey conducted by online vehicle marketplace, Carmudi.com has shown that Nigeria remains the only country in Africa with the cheapest price of petrol at $0.46, about N92 per litre or 5.6 per cent of the national average income per day.

FOREIGN investors have began to shun Nigeria’s bonds and equities market due to unwillingness of the Central Bank of Nigeria (CBN) to devaluation the naira as widely expected Markets have moved sharply in the past week in particular after the CBN announced further restrictions on dollar funding for investors, as well as for importers of goods ranging from toothpicks to private jets.