Experts task new minister on power sector reforms
SOME experts have advised the new Minister of Power, Prof. Chinedu Nebo, not to deviate from the power sector reforms instituted by his predecessor, Prof. Barth Nnaji. The experts, in separate interviews with the News Agency of Nigeria in Lagos Monday, urged Nebo to improve on power distribution and generation immediately. President, Nigerian Institution More...
Senate plans first-line charge on crude oil refining
TO check alleged excesses in the nation’s oil sector and encourage local refineries, plans are under way by the Senate to put refining of crude oil on first-line charge, according to the Chairman of the Senate More...
Insurance firms settle N219.2b claims, business volume hits N528.3b
THE nation’s insurance industry settled claims amounting to N219.19 billion to corporate and private policyholders in the past three years. Besides, the volume of business written by the industry during the period More...
FG Approves Downward Review Of Business Registration
Trade and Investment Minister Olusegun Aganga has approved the downward review of the cost of business registration at the Nigerian Investment Promotion Commission (NIPC) from N50,000 to N15,000 ($100). This reduction More...
NPA Produces E-Navigational Chart For Lagos, Bonny, P/Harcourt Channels
The Nigerian Ports Authority (NPA) hydrographer, Mr Olumide Omotoso on Monday said that the organisation had produced the first electronic navigational charts for Lagos ports, Bonny and Port Harcourt channels. Omotoso More...
Reduce your risk, invest in other asset classes
By NKIRUKA NNOROM One of the major problems investors in the capital market, especially minority Nigerian shareholders, have been known for over time is over-concentration of their investment in one asset class, More...
Nigerian economy should be private sector-driven, says NACCIMA boss
DIRECTOR-GENERAL, Nigerian Association of Chambers of Commerce, Mines and Agriculture (NACCIMA), Dr. John Isemede, Monday, said that the Nigerian economy should be driven by the private sector. Isemede told the More...
Ogun set to end multiple taxation, woos investors with infrastructure
THE Ogun State government has initiated moves to automate and harmonise levies and other taxes payable by companies operating in the state. The State Governor, Senator Ibikunle Amosun, who spoke in Abeokuta at More...
Farmers back govt’s phone initiative, seek inclusion in committees
NIGERIAN farmers have expressed their support for the Ministry of Agriculture’s initiative on phone-for-farmers, stressing the need for the ministry to ensure that the gadgets are tailored towards their needs. Besides, More...
CreditRegistry unveils SMARTScore for lending decisions
SUCCOUR may have come the way of the nation’s lenders, as CreditRegistry Services (Credit Bureau) Plc, unveiled its credit scoring system known as SMARTScore. The statistically-based credit score, which was developed More...
