Guinness declares N265bn revenue, PAT up 53% to N25.3bn
By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
FG permits DISCOs to disconnect indebted agencies
THE Nigerian Electricity Regulatory Commission, NERC, has granted distribution companies, DISCOs, the liberty to disconnect government agencies which failed to pay their bills.
Dead banks and living deposit (2)
If you are a depositor in any of the 48 banks that collapsed between 1994 and 2006, and you have not collected your money, you can still recover some or all your money. You can recover the part of your money covered by the insurance provided by Nigeria Deposit Insurance Corporation (NDIC).
Oil discovery in Chad Basin realistic — FG
The Executive Secretary, Petroleum Technology Development Fund, PTDF, Dr. Oluwole Oluleye, has said that the discovery of oil in neighbouring Niger and Chad Republic has given an encouraging prospect that oil discovery in the Nigeria’s sedimentary basins is realistic.
IKEDC partners LASG on energy conservation
The Ikeja Electricity Distribution Company, IKEDC, has concluded arrangements to partner with the Lagos State Government on energy conservation to reduce unnecessary wastage of electricity by consumers.
30 million Nigerians lack access to electricity — FG
THE Federal Government has said that over 30 million Nigerians have no access to electricity supply because they are yet to be connected to the national electricity grid
