Africa needs $200bn yearly energy investment — IPPG
•Africa Energy Bank to start operations in October — Farouk By Udeme Akpan Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand electricity generation and distribution, and grow clean energy, Chairman of the Independent Petroleum Producers Group (IPPG), Adegbite Falade, has said. Falade, who spoke yesterday at […]
Cotecna clinches Best Service Provider award
Cote Destination Inspection Limited has emerged as the best Service Provider in the post port reforms in Nigerian Maritime industry.
The award was presented at the weekend, to Cotecna’s Deputy Managing Director, Mr. Ernest Woka, by a distinguished legislator, Hon. Emeka Ihedioha at the event chaired by former Managing Director of the Nigerian Ports Authority (NPA), Chief Adebayo Sarumi.
Market value dips further by N35bn
The downtrend in the Nigerian capital market continued, Tuesday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped further by N34.63 billion.
NIMASA orders vessels to carry Automated Identification Systems
The Nigerian Maritime Administration and Safety Agency (NIMASA) has directed all passenger ships operating on Nigerian waters to ensure that they carry a fully functional Automated Identification System (AIS) on board in an efforts to optimum safety standards on Nigerian waters.
Reduce dependence on oil revenue sharing Babalola advises state govts
THE Minister of State for Finance, Mr. Remi Babalola, on Tuesday advised States to reduce their reliance on sharing of oil revenue from the Federation Account if the country is to achieve economic transformation. He stated that the oil revenue should be allowed to provide the cushioning stability for the nation’s economy in the face of volatility in the international oil market.
MFB operators tasked on instituting good management
The Managing Director of Citigate Microfinance Bank, Mr. Phillip Okuabor, has tasked operators of microfinance banks (MFB) to institute good management staff to run the affairs of the banks.
