There is need for the government to involve more builders in its Ministries, Departments and Agencies’ (MDAs) projects, Nigerian Institute of Builders (NIOB), the Lagos State chapter, has said. It stated this at the end of a workshop, with the theme, ‘’Enhancing the performance of builders in Lagos State Civil Service on Code of Practice […] …
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Cisco: dearth of cyber security personnel hits Nigeria, others
Twenty-five per cent of organisations in Nigeria, Middle East and other African countries lack cyber security personnel, one of the biggest obstacles to cyber security, a new Cisco cyber security report has said. According to the report, 23 per cent of companies in the Middle East and Africa manage more than 21 vendors, while only […] …
Oil rises to $66 on U.S, China deal, others
Oil prices rose yesterday, extending last week’s gains amid rekindled hopes that the United States (U.S.) and China could reach a trade deal. Also, there is growing signs of a tightening market, driven by the Organisation of Petroleum Exporting Countries (OPEC’s) production cuts and U.S. sanctions on Iran and Venezuela. WTI Crude traded up 0.80 […] …
Reps seek confidential information of RSAs, retirees, others
The pension industry, which has recorded steady growth since the establishment of the Contributory Pension Scheme (CPS) by the Pension Reform Act 2004, is going through difficult times with the House of Representatives, The Nation has learnt. Insider sources and stakeholders, who revealed the development, said the House of Representatives Ad-hoc Committee in a recent […] …
Govt to grow economy with solar, others
The Federal Government will grow the economy by generating power from both on-grid and off-grid sources, Power, Works and Housing Minister Babatunde Raji Fashola has said. He said generating electricity from these sources was key to realising the government’s economic goals. Speaking at the inauguration of solar electrification project in Iponri, Lagos, he said provision […] …
NLNG, Dangote, others get awards
Nigeria Liquefied Natural Gas Limited (NLNG) has received a special recognition award, for demonstrating virtues that impact on the lives of Nigerians According to NLNG’s Manager, Communications and Public Affairs, Andy Odeh, the firm was recognised by the Nigerian Maritime Administration and Safety Agency (NIMASA) at the agency’s Corporate Dinner and Merit Awards in Lagos, […] …
Govt, DisCos, others urged to improve power supply
The Federal Government, power distribution companies (DisCos) and gas suppliers have been urged to provide to improve electricity supply. Recently, the Federal Government claimed that the power generation has hit 7,000 megawatts (Mw). Research and Planning Director, Association, Nigerian Electricity Distributors (ANED) Sunday Oduntan said a lot needs to be done to ensure that the […] …
‘Data, others hampering electricity supply’
THE electricity supply subsector lacks quality and dependable data, the Executive Secretary, Association of Power Generation Companies (APGC), Dr. Joy Ogaji has said. Ogaji, who spoke with The Nation on telephone, she said data was necessary to determine distribution, transmission, and generation infrastructure growth requirements. She said the state of the market determines whether generation […] …
Sterling Bank, Jaiz Bank, others make NSE’s index stocks
The Nigerian Stock Exchange (NSE) has included Sterling Bank and Jaiz Bank as part of stocks that will form benchmark stocks for stocks’ groups and sectors. The NSE stated that it has reviewed its NSE-30 Index and eight sectoral indices, including NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE Oil & Gas, NSE […] …
‘Distribution, security, others are power sector’s challenges’
The nation’s recurring power supply challenge is largely attributed to defects in the distribution chain, security and community issues, among others, the Managing Director, Niger Delta Power Holding Company Limited (NDPHC), Chiedu Ugbo, has said. Ugbo told The Nation that despite the targeted increase in generation, if there is no efficient distribution to the end […] …