Traditionally, General Electric (GE), as the name suggests, has huge interests in the power (electricity) sector. The multinational has a subsidiary (GE Power and Water) wholly devoted to power generation, transmission and distribution across the world.

A survey conducted by a research firm, TNS, has shown that 66 per cent of households in the country suffer shrinking purchasing power as a result of the devaluation of the Naira.

In order to enhance economic growth and productivity in West Africa, senior economists and professionals charged with the responsibility of preparing policy papers, statistical data, forecasts and other inputs in policy making process have been trained on how to upgrade their skills in developing macroeconomic models and the demand for money models in their economy

NAHCO aviance, a ground handling company, has deployed new equipment in major airports across the country. The equipment that arrived the country last month, were currently being deployed to all airports where NAHCO operates.

Pan-African Financial Services group, United Bank for Africa (UBA) Plc was honoured recently with an award as Nigeria’s biggest lender to agriculture. The award was conferred on the bank by the Lagos Chamber of Commerce and Industry (LCCI) at the chamber’s annual commerce and industry awards night.

In line with the CBN regulatory policy on money transfer, the innovative indigenous telecommunications network, Globacom has introduced Glo Xchange Super Agent, an easy way of mobile money transfer using available modern technology which guarantees security of the transaction.

Mariners currently engaged by the Nigerian Maritime Administration and Safety Agency, (NIMASA) have concluded plans to leave the agency en-masse following a proposed down grading exercise of the seafarers.

Nigeria is currently leading other African countries in the enforcement of Port State Control, (PSC), a development that will reduce freight rate and subsequently impact positively on the nation’s economy.

Diageo Plc, the parent company of Guinness Nigeria Plc, has announced plans to increase its equity stake in Guinness from 54.3 per cent to a maximum of 70 per cent.

The Nigerian Stock Exchange (NSE) has said that the dealing member firms have recorded 100 per cent compliance rate in their regulatory filings for the second quarter ended June 30, 2015.