LAWMA, NBC forge partnership to drive PET bottles recycling
Lagos Waste Management Authority (LAWMA) recently received a team from Nigerian Bottling Company (NBC), distributors of Coca Cola products in Nigeria, who paid a courtesy visit to the Authority to get acquainted with present waste management practices spearheaded by LAWMA…
Problem with Cabotage not the law, but NIMASA’s unseriousness, inaction—Akabogu
Barely three days after the Nigerian Maritime Administration and Safety Agency (NIMASA), unveiled a new compliance strategy for implementation of the 14-year old moribond Cabotage Law, maritime lawyer and Principal Partner of Akabogu & Associates, Mr. Emeka Akabogu has picked…
Fine for power theft, illegal connection to be increased from N50,000 to N.2m
To boost deterrence, the recommendations of the 17th power sector stakeholders meeting which included raising penalty for electricity theft from N50,000 to N200,000 is now receiving consideration by the Nigerian Electricity Regulatory Commission (NERC). Already, the indebtedness of Discos has…
NEPC’s Zero Oil Plan targets N30.5tn revenue from non-oil export, but…
Though the Federal Government, through the Nigerian Export Promotion Council (NEPC) is targeting annual non-oil export revenue of $100bn (about N30.5tn, at N305 per dollar exchange rate) through the implementation of the Zero Oil Plan, there are fears of enabling…
Why Zenith Bank’s half year report reflected strength @ N75.32bn PAT
…votes 25k interim dividend Fresh details have emerged showing that the recently declared half year report of leading financial group, Zenith International Bank Plc which showed a profit after tax of N75.32 billion for the period ended June 30, 2017,…
Beware of all Chinese infrastructure financing deals’, Expert warns FG
Leading development economist, Dr. Ken Igboanugo has warned the federal government especially the ministries of Transportation and Petroleum to be very careful before signing any infrastructure financing deals with banks from China to avoid tiny terms and conditions that will…
C’River orders two aircrafts, oil tanker vessel, fishing trawler to boost investment
…Approved partners to present bids tomorrow, Tuesday To drive his latest investment dream of floating State air and shipping lines, the Cross River State Governor, Professor Ben Ayade, may have placed orders for two aircrafts, fishing trawler and oil tanker…
Registration for USPF Changemaker Challenge ends today
For Nigerians interested in this year’s Universal Service Provision Fund (USPF) Innovation Changemaker Challenge, which opened on the 4th of July, 2017, the last chance for registration is today, Monday, the 14th August, 2Universal Service Provision Fund (USPF)017. Otherwise, telecoms…
LASIMRA begins clampdown on illegal, non-compliant rooftop masts
Possibly drawing lessons from the recent building collapse in Lagos Island traced to additional weight from new roof-top telecom mast, Mr. Babajide Odekunle, General Manager of the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA), has inaugurated a zero-tolerance Task…
Lafarge set to add 30MW to national electricity grid next year
Logistics and delivery specifications are set for Lafarge Africa Plc’s 30 mega watts of electricity to be channeled into the national grid by 2018. The Manager of Ewekoro plant, Mr. Segun Soyoye,recently noted that Lafarge currently produces 90 mega watts…
