$1trn economy: NACCIMA woos Chinese investors to boost industrialisation
By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment (FDI) and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, […]
Skye Bank targets N99.7bn third quarter revenue
Skye Bank has said that it expects its gross earning for the third quarter ended 30th September, 2010 to grow to N99.710 billion. This was contained in the bank’s unaudited result submitted to the Nigerian Stock Exchange (NSE) for vetting.
Gas flaring to stop year end
Oil firms in the country are expected to stop gas flaring by the end of this year according to the Petroleum Industry Bill, PIB which is now close to being fanalised.
Impact of cashlite still minimal – Rewane
The impact of the cashlite policy is still minimal, two months after the policy effectively took-off in Lagos, says Bismarck Rewane of Financial Derivatives Company.
Replenishing reserves a must, says CBN Governor
The Governor of Central Bank, Lamido Sanusi has said that Nigeria must focus on rebuilding its reserves and stabilising the exchange rate to protect against further fall-out from global economic uncertainties.
Gas shortages: 1,025MW power stranded
Niger Delta Power Holding Company Limited, NDPHC, owners of the National Integrated Power Project, NIPP, has raised an alarms that about 1,025megawatts, MW, of electricity are stranded in three NIPP plants due to gas shortages.
