Business

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 […]
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NGA to ensure active participation in Nigeria gas

The Nigerian Gas Association, NGA, has promised to use its learning programme to boost the development of home grown talents that will guarantee active participation of Nigeria’s gas sector without compromising international best practices.

NUPENG calls for speedy passage of PIB

THE Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, has called on the Federal government to speed up the process of the promulgation of the Petroleum Industry Bill, PIB, to save the nation’s oil and gas sector from total collapse.

FG blames blackout on water, gas challenges

The Minister of Power, Prof. Bart Nnaji, has blamed the dip in electricity supply across the country in the last one month on low water level in the dams supplying water to the three hydro power stations in Kainji, Jebba and Shiroro.

2012 first quarter deadline: Where is the cement?

Apparently, the pronouncement made by the Federal Government, last year, on its plans to make Nigeria self-sufficient in cement production by the first quarter of 2012 has not been realised. The cost of cement in the country is still on the high side as the economy enters the second quarter.

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