29 C
Lagos, Nigeria
Monday, October 23, 2017

FG turns PTI to University of Petroleum Resources

President Muhammadu Buhari has signed into law, the University of Petroleum Resources Bill to effectively establish the University of Petroleum Resources, Effurun, Delta State. Buhari...

NAPTIN trains 36 Liberians on power sector operations

The National Power Training Institute of Nigeria (NAPTIN) has commenced training of 36 personnel of Liberia Electricity Company (LEC) on power generation, distribution and...

Internet users & data subscribers increased to 92m in August

The internet users and data subscribers in Nigeria’s telecommunications networks marginally increased to 92 million in August. The Nigerian Communications Commission (NCC) made this known...

Despite sanctions, Russian organizations acquire Microsoft software

Software produced by Microsoft Corp has been acquired by state organizations and firms in Russia and Crimea despite sanctions barring U.S-based companies from doing...

Delta Air Lines announces 2017 September quarter profit

Delta Air Lines today reported financial results for the September quarter 2017. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated...

FG urged to dialogue with oil marketers to avert proposed strike

Some stakeholders in the banking industry on Tuesday said the unpaid N800 billion subsidy arrears to oil marketers had created liquidity gap in the...

Economy may lose N150bn daily to PENGASSAN, NUPENG proposed strike-LCCI

The Lagos Chamber of Commerce and Industry (LCCI), has warned that the economy would lose an estimated N150 billion daily, if the proposed strike...

Domestic airlines record 3m passengers in 6 months

Domestic airlines in Nigeria lifted a total of 3,287,310 passengers in the first six months of this year. The figure, however, represents a 21 per...

NAICOM renews plan to grow insurance industry by 2020

The National Insurance Commission (NAICOM), yesterday reiterated its plan to further grow the Nigerian insurance industry by 2020. Deputy Commissioner, Technical, NAICOM, Mr. Sunday Thomas,...

Africa World Airlines joins IATA

IATA welcomes Africa World Airlines as their newest IATA Member in the West Africa Region. Africa World Airlines (AWA), an indigenous Ghanaian airline, has once...

MTN promotes Ghana CEO to regional Vice President

MTN Ghana CEO Ebenezer Asante has been announced as the new Vice President (VP) of MTN Group’s altered Southern and East Africa and Ghana...
Off-grid Solar set to triple in Africa [

Off-grid Solar set to triple in Africa

Off- grid solar will bring basic electricity services to almost 70 million more people in Asia and sub Saharan Africa A new report has...
Chris Bredenhann, PwC Africa Advisory Oil & Gas Leader

African national oil companies need to brace up for future challenges-PwC

NOCs across Africa have an enormous opportunity to secure a more sustainable future by transforming into “national energy companies” (‘NECs’), escaping the economic trap...

First Bank gears up to achieve customer growth target

First Bank Nigeria Limited is stepping up efforts to ensure that it meets its growth target of 30million customers over the next three years,...

Delta celebrates 1-millionth passenger on board Lagos-Atlanta service

Delta Air Lines hit an important milestone as it carried the 1-millionth customer to fly on its nonstop service between Nigeria and the United...

N720bn subsidy arrears: PENGASSAN alerts on impending mass sack

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to settle all debts allegedly owed oil marketers...

Shoreline Energy multiplies country’s gas supply efforts to aid local government

Shoreline Energy Limited (parent company of Gasland Company Ltd.) and The Shell Petroleum Development Company of Nigeria Limited (SPDC) have signed an agreement to...

The Next Chapter for West African real estate

The Nigerian real estate sector is turning the corner as the country’s economy appears to be emerging from recession. The easing of inflationary pressure,...
Gugulethu Cele, CNBC Africa (Left), Zinon Marinakos, DSA Architects (Right)

Winners for Africa’s Top Real Estate Developments Announced at the Africa Property Investment Summit...

Property developers, suppliers and owners recently got the opportunity to showcase their best projects and services from across sub-Saharan Africa at the Africa Property...

Oil dips as U.S. floods cause large-scale refinery shutdowns

Oil prices slid on Wednesday as refinery shutdowns in the wake of Hurricane Harvey cut U.S. demand for crude, the most important feedstock for...