Proshare Nigeria is set to launch a new portal in its quest to deepen the knowledge base of the Nigerian economic and financial landscape.

In continuation of the efforts of the Fashola administration to reduce poverty to the barest minimum in Lagos State, the government has inaugurated a technical committee on the accessibility of microfinance loans by tradesmen and women as well as other artisans in the State.

Technoglass Industries Limited has announced an advancement in its production technique with the launch of a new glass production unit called Insulated Glazing Unit.

Multi-Trex Integrated Foods Plc has grown its net assets by 118.31 per cent to N6.248 billion in its 2011 financial year. , up from N2.862 billion recorded in 2010.

Access Bank Plc said, yesterday, that it planned to use N53.47 billion to acquire 75 per cent stake in Intercontinental Bank Plc.

Norwegian major Statoil has confirmed that the North Sea oil fields Aldous and Avaldsenes are in communication, proving that the recent discoveries are even larger than expected.

Techno Oil Limited, a leading indigenous oil and gas downstream operator has restated its commitment to Health, Safety and Environment, HSE matters in all its operations.

The Federal Ministry of Water Resources and the Ministry of Power have signed a Memorandum of Understanding, MoU, for the use of some of the country’s dams for power generation, the Minister of Water Resources, Mrs. Sarah Reng Ochekpe, has said.

The National Control Centre, Osogbo, has fingered obsolete generators, manual frequency control, low gas supply and system black-starting and a host of others as the cause of severe impediments currently being experienced in its operations.

Following the increasing destruction of the Power Holding Company of Nigeria, PHCN, equipment in Lagos, security agencies and community members have been sensitized and mobilized to be more vigilant and alert to the activities of vandals f PHCN equipment within their networks.