New gas flaring policy defective, encourages flares—Zaka
Leading energy analyst and Petroleum Engineer, Mr. Bala Zaka has argued that the newly released National Gas Policy is good in some areas but very defective in pricing sanctions bordering on unallowable gas flares. It would be recalled that the…
Afam Power, Eko Disco fall under NERC hammer over breaches
The management of Nigerian Electricity Regulatory Commission (NERC) has sanctioned two mega power groups over cases of regulatory breaches and observed infractions. Relying on their failures to submit audited financial reports for 2013 and 2014, NERC has fined Afam Power…
Food shortage looms next year as neighbouring countries sweep Kebbi rice
Indications have emerged that the euphoria of becoming Africa’s rice producer may fade very quick as neighbouring countries including Cameroun, Chad and Niger Republic are sited in Kebbi rice farms sweeping available processed bags and loading away using smuggling routes….
NIMASA reopens facilities shut over violation of ISPS Code
Following their partial compliance and written commitments to remedy all identified deficiencies of the International Ship and Port Facility Security (ISPS) Code, the Nigerian Maritime Administration and Safety Agency (NIMASA) has reopened three jetties and port facilities recently closed. The…
NCAA hits Arik Air, fines N6m, compels airline to pay $150 compensation to victims
Lead regulator of commercial aviation services, the Nigerian Civil Aviation Authority (NCAA) Tuesday fined Arik Air N6m over its passengers’ complaints of delay and inability of the airline to ferry their luggage from London to Lagos from the 2nd, 3rd…
Nigerians not succumbing to recession, never say die—Dangote
Leading industrialist and President, Dangote Group, Alhaji Aliko Dangote has praised the doggedness of Nigerians in their collective efforts to win the war against recession in record time. He said the observed capabilities of every Nigerian in thinking outside the…
Lafarge deepens host communities relations, seals new deal in C/River
Leading indigenous building solutions manufacturer, Lafarge Africa Plc has stepped up host community relations in the South-South state of Cross River by sealing a Memorandum of Understanding (MOU) with newly constituted Community Relations Committee (CRC) to boost relations. Driven by…
Nigeria, other developing economies to access seed money from new UN Tech Bank
In what can be described as the last legacy of United Nations outgoing Secretary General, Ban Ki-Moon to less developed nations, the UN General Assembly has unveiled Technology Bank for developing economies. The Technology Bank would be financed by voluntary…
Experts hints on how SMEs can leverage on social media marketing platforms
Leading analyst in the development of Small and Medium Enterprises (SMEs), Mr. Ephraim Adeoti has called on startups and owners of budding small businesses in Nigeria to take to certain social media platforms that provide easy access to free but…
