Transcorp Outlines key issues affecting Power Generating Companies in Nigeria

Transnational Corporation of Nigeria Plc (Transcorp)’s power subsidiary Transcorp Ughelli Power Plc (Transcorp Power) today detailed the key issues affecting the ability of most Generating Companies (GENCOs) to operate at peak levels and increase available capacity.

The issues they highlighted are as follows:

·         Since privatization there has been delayed,

and sometimes partial payment for the electricity generated. This has

FREE SHOPPING VOUCHER FOR GUESTS AT AFRIMA 2015

During the ceremony of unveiling the activities of the 2015 All Africa Music Awards, AFRIMA ceremony in Lagos, the International Committee of AFRIMA has announced a 5000 (five thousand) units of discount vouchers worth N3,000 (Three thousand naira only) to be distributed to all guests/participants by Supermart.ng, an online supermarket at this year's All Africa Music Awards, AFRIMA on November 15 at Eko Hotel and Suites, Victoria Island, Lagos, Nigeria.

Unveiling the partnership deal, Director of Communication and Sponsorship, AFRIMA, Matlou Tsotsetsi said " There is a global call to action today for collaboration. Businesses, great and small are called upon to examine economic challenges and share ideas on how it can be eliminated in Africa. This is a good opportunity for us to air our views about the approaches being used to shop

NIGERIA CUSTOMS APPOINT SIX NEW DEPUTY COMPTROLLERS GENERAL

Customs Comptroller General, Col Hameed Ali (RTD)has appointed Six acting Deputy Comptrollers-General of Customs in the on-going re-organisation in the Service.

A statement by the spokesman, Mr. Wale Adeniyi, gave the names as: Idris Suleiman (Finance Administration and Technical Service); Iya Umar (Tariff and Trade); and Dan Ugo (Enforcement Investigation and Inspection).

The rest are: Grace Adeyemo (Excise, FTZ & Industrial Incentive) ;Austin Warikoru

Elohor,Owen Aisien Welcome Second Baby

Elohor and her husband,Owen Aisien just welcome their second baby together.The new born has been named Chloe.

Congratulations to the couple.

4 ways to have a wonderful time at a hotel

At the reception, the delectable receptionist welcomes you with a charming smile, she ask few questions, gives you the key to your and ushers you off to your room with that brief courtesy. For the moment, her job is done and the sole responsibility on how

AFRICAN UNION TO HONOUR BOLA TINUBU AT AFRIMA 2015

Senator Bola Ahmed Tinubu is to be specially honoured with the prestigious award as "Pillar of Art and Culture in Africa" by the African Union Commission (AUC) at the All Africa Music Awards, AFRIMA 2015, scheduled to hold on Sunday, November 15, 2015 at Eko Hotel and Suites, Victoria Island, Lagos, Nigeria. 

The International Committee of AFRIMA made this known in

Photos of New Ooni, Adeyeye Ogunwusi Royal Entry Into Ile Ife

Photos of the newly appointed and anointed Ooni of Ife, Prince Adeyeye Ogunwusi making his entry in his posh black Bentley car. Read more about the flamboyant businessman and custodian of Yoruba tradition here

Hello! Union Bank wants to break the Youth market

By Niyi Tabiti

Back in the days, Union Bank pay off "Big, Strong,Reliable" was very exciting to the ears.The adverts was shown regularly on television with the logo of a horse.Union bank was always on the top five best banks in Nigeria.

  

However, Gistmaster findings show that Union bank management forgot to consolidate on the achievement of the

FAYROUZ L’ORIGINAL 2 WINNERS, TEAM MEDDLELANE TO SHOWCASE DESIGNS AT LDFW 2015

Following their big win at the second edition of Fayrouz L’Original 2 competition, Team Meddlelane will join top designers in the Nigerian Fashion industry to showcase their designs at the Lagos Design Fashion Week which holds from Wednesday, October 28 to Friday, October 31st, 2015.

The team who wowed guests and judges at the star-studded July 25th l’Original finale and went home with 4 million Naira alongside numerous fashion opportunities

LEAP Africa set for Social Innovators Programme and Awards 2015

LEAP (Leadership, Effectiveness, Accountability and Professionalism) Africa, a leading nonprofit organisation in Nigeria will announce emerging social innovators finalists at the Social Innovators Programme and Awards ( SIPA) 2015 in Abuja on November 12, 2015 themed Rage for Change: Creating Impact.

According to Iyadunni Olubode, Executive Director, LEAP Africa, ‘Social innovation is

Here is what Stanbic IBTC told Gistmaster about the Financial Council Issue

After publishing the news of Financial council suspension of IBTC directors,Gistmaster got a message from the bank stating their own side of the story.

Our attention has been drawn to the media statements by the Financial Reporting Council of Nigeria (FRCN) in which several inaccurate and unseemly allegations were made against Stanbic IBTC Holdings PLC (“Stanbic IBTC”). Although the matter is in court, we are