Leadway sustains support to Nigeria’s creative economy
By Rosemary Iwunze Leadway Assurance Company Limited has sustained its support for the growth of Nigeria’s creative industry, and small and medium enterprises (SMEs) with the sponsorship of the largest leather exhibition in Nigeria, the Lagos Leather Fair (LLF), for the fourth consecutive year. The Lagos Leather Fair, now in its ninth edition, is set to […]
Shell commences repair of Nembe Creek Trunkline
The Shell Petroleum Development Company of Nigeria Ltd, SPDC Joint Venture has commenced repair of the Nembe Creek Trunkline, NCTL, after shutting it down on May 2nd because of incessant crude theft activities.
PHCN gets 21-day ultimatum to refund N378bn
Power Holding Company of Nigeria, PHCN, has been given a 21 day ultimatum to refund the sum of N378billion allegedly collected from electricity consumers in the country for the purpose of meter maintenance.
American investors to set up tractor factory in Nigeria
As the Nigerian economy continues to attract foreign investors, a group of Americans have concluded plans to establish a tractor manufacturing firm in Nigeria. This is in line with the vision of the federal government to diversify the nation’s economic base from oil to other sectors such as agriculture where the country has comparative advantages.
Ibom power records significant generation progress
The management of Ibom Power Station said the plant has made significant progress in power generation since it began operations in December 2009, which peaked at 68 megawatts, MW in December 2011.
Mortgage bank disburses N1.36bn housing loan in Kano
A Kano State-owned mortgage bank, the Dala Building Society, says it has disbursed N1.36 billion housing loans to no fewer than 2, 400 civil servants in the state. The Acting Managing Director of the bank, Alhaji Abdulnasser Abdu, told the News Agency of Nigeria (NAN) in Kano on Saturday that N480 million were disbursed 2,000 workers from May 2011 to date.
