Delta State unveils roadmap to unlock 3,000MW potential
..Transcorp, Manitoba, InfraCredit, CNG Initiative pledge investmentsBy Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko AkuophaASABA—Delta State yesterday unveiled a roadmap to unlock its nearly 3,000 megawatts of installed electricity generation capacity, with plans to establish a Delta State Electricity Regulatory Commission and a Delta State Rural Electrification Agency, as major investors in the power […]
Oil prices shoot up after New York City explosion
Oil prices rose yesterday as an explosion in one of New York City’s busiest transit hubs and expectations that cold weather will increase demand for fuel helped lifted prices.
Underwriters shun Takaful Insurance
Underwriters in the insurance sector have shunned Takaful Insurance product due to lack of confidence in the prospect for the business.
SEC, OANDO in legal cross fire over suspension of shares
The Securities and Exchange Commission and Oando Plc yesterday engaged in legal cross fire at the Federal High Court in Lagos over the technical suspension imposed on the shares of the company on the floor of the Nigerian stock market
Arms importation: Customs, agents trade blames over use of scanners at Apapa port
Amidst recent upsurge in the importation of arms and ammunition into the country the industry stakeholders are in tango over provision usage scanners at the nation’s seaports.
NIPCO deepens gas usage with free accessories
NIPCO Plc said it is ready to partner with the federal government to improve access to Liquefied Petroleum Gas [LPG] as cooking fuel to the generality of Nigerians at affordable rates.
