The minister of trade, industry and investment, Mr. Olusegun Aganga, speaks of the need to professionalize the ministry,’ to enable it play the catalytic role of driving the nation’s economy. The minister, who had an encounter with the Head of Service of the Federation on the issue, said this is the most probable thing to [...]
The Nigerian National Petroleum Corporation, (NNPC) was among the key stakeholders who attended the 2013 Offshore Technology Conference, (OTC) held in Houston, USA. MUSA ADAMU looks at some of the presentations made by officials of the apex Nigeria oil company This year’s Offshore Technology Conference, (OTC) held in Houston, Texas, the United States of America, [...]
The Petroleum Technology Development Fund (PTDF) is a parastatal of the Ministry of Petroleum Resources dedicated for the purpose of development, promotion and implementation of petroleum technology and manpower development. The Fund executes this mandate through research and training of Nigerians in various academic and technical fields in the petroleum and solid minerals industry in [...]
Managing Director of Niger Delta Power Holding Company, (NDPHC), James Olotu has said that all illegal structures along the right of way of power transmission lines would be demolished. NDPHC is the promoter of owners of the National Integrated Power Project, (NIPP), and owned by the federal government in partnership with the 36 states of [...]
A fortnight ago at the Muson Center Lagos, the Nigerian stock Exchange (NSE) launched the Alternative Securities Market (ASeM) for emerging businesses. The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, who led other presenters at the launch, said the Alternative Securities Market of the stock exchange is as a veritable [...]
The executive secretary of the Petroleum products Pricing and Regulatory agencies, Mr Reginald Stanley has said that the international best practices, the agency adopted has recorded several landmark achievements, as well introduce specific reforms that has uplifted Nigeria’s petroleum industry. The agency’s helmsman, who made the disclosure in a publication titled ‘A compendium of activities [...]
Managing director of Metib Oil and Gas, Mr Adewunmi Ilori, has appealed to the federal government to subsidise the cost of liquified natural gas, otherwise known as cooking gas, to encourage more Nigerians to use it. Ilori told the newsmen in Lagos that majority of Nigerians would use the product if it was cheaper. He [...]
When twelve years ago the global system of mobile communication (GSM), was introduced in Nigeria, the development was greeted with wide spread applause in view of businesses and social activities it brought with it. Lately, Nigerian Communication Commission (NCC) introduced the Mobile Number Portability (MNP) which provides choices for subscribers, while retaining their registered numbers. [...]
The Micro, Small and Medium Enterprises (MSMEs) are known the world to be the inner wheel around which emerging and developed economies run. The subsector provides the engine of economic growth and contributes to employment generation, wealth creation, poverty alleviation and food security. In this Business Report, CHIBISI OHAKAH captures the cogitations, especially those of [...]
The regulator of Nigeria’s capital market, the Securities and Exchange Commission (SEC), is not finding it easy in terms of carrying out its operational activities because of its director-general’s fight with the National Assembly. David Agba writes on the issues involved There is an uneasy quiet at the Securities and Exchange Commission (SEC) owing to [...]
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 Scattered Clouds 35°/25° |  Partly Cloudy 33°/24° | Scattered Clouds 32°/25° |  Chance of Rain 29°/23° |