Business

Africa needs $200bn yearly energy investment — IPPG

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 […]
Visible Articles 5 10 15
North-West: SURE-P creates 21,000 jobs for women, youths

North-West: SURE-P creates 21,000 jobs for women, youths

THE Federal Government has said the Community Services Women and Youth Employment, CSWYE, project of Subsidy Reinvestment and Empowerment Programme, SURE-P, has created no fewer than 21,000 job opportunities in the North-West Geo-political zone of the country.

Protect your family with a life insurance cover

Protect your family with a life insurance cover

Are you the bread winner of your family? Then a life insurance cover is something that you must have in order to protect your family against any unforeseen and unexpected circumstances. It serves as an income replacement or protection just in case your income generating capacity is gone or lost either by accident that results to permanent disabilities or worse, death.

The first results from FBN Holdings (1)

The first results from FBN Holdings (1)

FBN Holdings Plc, FBNH, is the post-transformation name of First Bank of Nigeria Plc and its subsidiaries. FBNH is organised into four major business groups; commercial banking group led by First Bank of Nigeria Limited, investment banking and asset management group led by FBN Capital Limited, insurance group led by FBN Life Assurance Limited and FBN Insurance Brokers Limited and other financial services group led by FBN Microfinance Bank Limited.

Jaiz Bank capitalisation hits N13bn

Jaiz Bank capitalisation hits N13bn

…opens 10 branches…
ABUJA — Jaiz Bank plc, Nigeria’s first non-interest bank has raised its authorized share capital to N13 billion and now has 10 branches after one and a half years of operation.

Mainstreet Bank lauds FG, commits N10bn to agric development

Mainstreet Bank lauds FG, commits N10bn to agric development

Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr. Roger Woodbridge, has commended the Federal Government (FG) for coming up with the Growth Enhancement Scheme (GES), which is designed specifically to provide affordable agricultural inputs like fertilizers and hybrid seeds to farmers in order to increase their yields per hectare and make it comparable to world standard.

MTN Business unveils latest female entrepreneur

MTN Business unveils latest female entrepreneur

Female entrepreneurship, in Nigeria got a boost last weekend, as the curtain fell on 13 weeks of intensive intellectual drills and tasks, at one of Nigeria’s most resourceful entrepreneurship reality shows, the MTN Business Next Titan academy.

Airtel deploys “Techie” specialists to showrooms

Airtel deploys “Techie” specialists to showrooms

Leading telecommunications service provider, Airtel Nigeria, has deployed mobile device/data experts to its shops to provide customers with data and device solutions to boost their product knowledge and enhance their experience on the company’s products and services.

52% Nigerians still buy petrol above N97/L – NOI Poll

52% Nigerians still buy petrol above N97/L – NOI Poll

Despite the huge subsidy and petroleum equalisation paid by the Federal Government to enable Nigerians buy petrol at regulated price of N97/litre, the reality is that more than half of Nigerians still buy the product above the prescribed amount.

World Bank faults FG’s management of oil reserves

World Bank faults FG’s management of oil reserves

The World Bank has faulted the Federal Government’s management of oil revenues, and also warned that the country faces serious challenges in sustaining the momentum of its fiscal consolidation and reserves growth.

NLNG/NIMASA row: Marketers run to Niger for LPG

NLNG/NIMASA row: Marketers run to Niger for LPG

The row over levy between the Nigeria Liquefied Natural Gas (NLNG) Limited and Nigerian Maritime Administration and Safety Agency (NIMASA) has forced liquefied petroleum gas, LPG, dealers in the country to import the product from neighboring Niger Republic to meet local demand.

Nigeria records $7bn FDI, says minister

Nigeria records $7bn FDI, says minister

Nigeria has been rated by the United Nations Conference on Trade and Development, UNCTAD, as the biggest beneficiary of foreign direct investment in Africa with over $7billion worth of foreign investments inflow in 2012. The country was also adjudged by the world body as the best destination for foreign investments in the continent.

Investment indecision stalls LNG projects

Investment indecision stalls LNG projects

An air of uncertainty hovers around the execution of some major liquefied natural gas, LNG projects in Nigeria, as partners are still undecided on the wisdom of their investments.

How collective investment scheme is governed

How collective investment scheme is governed

It is important that investors have basic knowledge of how a collective investment scheme is governed and who is responsible for the different aspect of its operations.

‘Maritime Convention will curb bunkering’

‘Maritime Convention will curb bunkering’

The ratification and planned domestication of the Maritime Labour Convention, MLC 2006, in Nigeria, will help entrench fair competition among ship owners, reduce oil bunkering, boost local content and increase Nigeria’s crude production and export, according to stakeholders in the petroleum and maritime sector.