NERC backs Eko, Paras power purchase deal
The power sector regulator, Nigerian Electricity Regulatory Commission (NERC), has approved the power purchase agreement…
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Banks lost N2.2b to fraud in 2015, says CBN
The value of funds lost by commercial banks to fraud last year stood at N2.2…
Visa launches Visa Developer
Visa Incorporated has announced the launch of Visa Developer, a milestone that transforms the world’s…
Wema Bank gets ISO certifications from BSI
Wema Bank has been awarded two International Organization for Standardisation (ISO) Certifications by the British…
Energy policy coming, says Fashola
Power Minister Babatunde Fashola has pledged to unveil his energy policy when next he addresses…
Lagos plans own electricity grid
The Lagos State Government is planning to have its own electricity grid as part of…
Lagos field missed January target for first oil
Production from the Aje shallow-water field offshore Lagos, which was projected to achieve first oil…
Steel companies’ absence blamed for stunted industrial growth
The Manufacturers Association of Nigeria has blamed the absence of a functional steel company in…
N103.6bn lost to gas flaring in 2015 —NNPC
Nigeria lost N103.6bn as a result of gas flaring in 2015, figures from the latest…
Foreign exchange situation extremely tight, says Dangote
Dangote Group has said it is struggling with a constricted supply of foreign exchange and…