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Capital Market

Central bank frowns at abuse of regulations on Eurobonds issue by banks

By orientalnewsngNovember 17, 20140

Godwin Emefiele, CBN governor The Central Bank of Nigeria, CBN, has expressed concern over the growing incidence of abuse of…

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Money Market

13 things bank customers must know about Bank Verification Number

By orientalnewsngNovember 17, 20140

Bank Verification Number, BVN, is part of the Central Bank of Nigeria, CBN’s, cashless policy to capture customers’ data and…

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Power

World Bank to boost electricity supply in Nigeria, others with $5 billion

By orientalnewsngNovember 15, 20140

Nigeria, Ghana, Liberia, Ethiopia, Kenya, and Tanzania are to benefit from a $5 billion new technical and financial support by the…

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Power

Court orders Ewekoro power plant sealed over N114 m tax debt

By orientalnewsngNovember 15, 20140

A Federal High Court in Abeokuta, Ogun State​,​ has ordered the Ewekoro Power Plant, EPP, located in Lagos, sealed for…

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Power

Jonathan flags-off first phase of $1billion Azura-Edo power plant

By orientalnewsngNovember 15, 20140

The Azura-Edo power plant is the first fully privately financed Independent Power Plant, IPP, in the country and is located…

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Oil & Gas

New tariff for Nigerian gas begins January 1, 2015

By orientalnewsngNovember 15, 20140

The new price regime for domestic gas approved by the Nigerian Electricity Regulatory Commission, NERC, for power generation in the…

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Politics

INEC under fire in Lagos over PVCs’ collection

By orientalnewsngNovember 15, 20140

Jega, Fashola Many residents of Lagos State have expressed their frustration over bid to collect their PVCs in preparation…

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NNPC, others lifted 62million barrels of crude in July

By orientalnewsngNovember 15, 20140

NNPC headquarters in Abuja Total crude oil and condensates lifting for both domestic and export markets was about 62.32 million…

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Oil & Gas

Shell lied about amount, impact of Bodo oil spills – Amnesty International

By orientalnewsngNovember 15, 20140

Multinational oil giant, Shell, has constantly lied about the amount and impact of the oil spilled at Bodo, Ogoniland, United…

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World News

America replies Nigeria, releases details of aid to Nigerian military in war against Boko Haram

By orientalnewsngNovember 15, 20140

The United States has faulted the claim by the Nigerian government that it is standing in the way of the…

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