Don't Miss


  • NNPC owes Federation Account N862b -NEITTI

    The Nigerian National Petroleum Corporation (NNPC) owed the Federation Account N862billion between 2004 and 2008, the Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Mrs. Zainab Ahmed, has said. But the NNPC denied this, saying that the figure...

    • Posted November 3, 2011
    • 0
  • ConOil Posts Huge 3Q Numbers, Revenue Up 85.6%

    ConOil a leading indigenous player in the oil and gas sector is having a very productive year. According to their 3Q numbers, turnover is up 85.6% to N 120 Billion from only N 64 Billion a year...

    • Posted November 3, 2011
    • 0
  • Mobil’s 3Q Earnings Incite Slumber

    Mobil Nigeria, the downstream arm of Mobil in Nigeria released its 3Q earnings today. Turnover was down marginally to N 44.9 Billion from N 45. 2 Billion over the same period last year. The firm managed to...

    • Posted November 2, 2011
    • 0
  • Dangote Cement 3Q Results: Net Income Mushrooms Up N 92 Billion

    Dangote Cement, behemoth of the African building materials sector released its 3Q unaudited financial statements to the Nigerian Stock Exchange today. Turnover was up 19% to N 173.83 Billion from N 146.56 Billion at the end of...

    • Posted November 2, 2011
    • 0
  • NFF picks Stephen Keshi

    The Technical Committee of the Nigerian Football Federation has confirmed Stephen Keshi as the next coach of Nigeria, but only on an interim basis. After Samson Siasia’s dramatic sack last week, the Technical Committee was given the...

    • Posted November 2, 2011
    • 0
  • LIBYA AND LEADERSHIP LESSONS FOR NIGERIA

    Gaddafi rode on Libya’s leadership stool with such presence like an iroko for over four decades. He shone like the beautiful stars of the skies from the beginning and became larger than life. But the way he...

    • Posted November 2, 2011
    • 0
  • Innovate: Derick Martin, transforming students eating habit

    How I Did It: Innovate: Derick Martin He is the co-founder of the school meals catering company on transforming student eating habits and reaching the £18m mark in three years. Jamie Oliver may have brought the debate...

    • Posted November 2, 2011
    • 1
  • FIRST NATION AIRLINE BEGINS FLIGHTS OPERATION

    FIRST NATION AIRLINE begins flight operation followed the receipt of its Air Operator’s Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA),The FirstNation Airline would commence its Lagos-Abuja- Lagos operation. The airline’s Head of Corporate Affairs, Mr...

    • Posted November 2, 2011
    • 5
  • Airtel Nigeria slashes international call rates

    Airtel Nigeria has introduced an international call rate bundle offer worth N8.33 (about US $0.056) per minute to any of the listed destinations. The International call bundle offer is structured into three categories: N500 (about US $3.14), N200...

    • Posted November 2, 2011
    • 2
  • NNPC, PPPRA overdraw subsidy by N1.079tr in nine months – RMFAC

    Drama, accusations and rising temper characterised yesterday’s investigation by the House of Representatives into the non-remittance of N450 billion into the Federation Account. Federal Government top officials openly disagreed and confronted each other over the operations of the Nigerian...

    • Posted November 2, 2011
    • 0