Dangote Refinery resumes petrol loading in Naira at N1,215 per litre
•As depots, filling stations adjust prices By Udeme Akpan, Energy Editor Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week suspension, ending uncertainty in the downstream sector over its temporary shift to dollar-denominated sales. Checks by Vanguard showed that the refinery has fixed […]
TEM: NERC reviews tariff methodology
THE Nigerian Electricity Regulatory Commission, NERC, has approved a review of the Multi- Year- Tariff Order, MYTO, 2 regime ahead of take-off date for a disciplined electricity market by January 1, 2015.
Analysts rate NSE high despite challenges
Despite challenges of consistent decline in international price of crude oil, fear surrounding the upcoming 2015 general elections and security challenges, the Nigerian Stock Exchange, NSE, has witnessed some improvement over time, says a report by BGL Plc.
Recapitalisation deadline tomorrow
By Providence Obuh Deadline for increases in minimum capital requirements for capital market operators is tomorrow, December 31, 2014 as announced by the Securities and Exchange Commission (SEC) and a new minimum capital structure is expected to take off by January 1, 2015. Under the new requirements, stock broking firms in the country are expected […]
BEDC laments harassment of staff in Etsako
Benin Electricity Distribution Company (BEDC) has lamented the harassment of its staff by youths of Iyahmo community in Etsako West local Government area of Edo State over a disagreement with its officials and security agents attached to the company.
PZ Wilmer, others seek withdrawal of 75% import duty waiver
Local palm oil and vegetable producers in the country have demanded that the Federal Government withdraw the 75 per cent import duty waiver granted to importers of crude palm oil being brought into Nigeria through the Lekki Free Trade Zone in Lagos.
