All posts by Afolabi Ogunde

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  Electricity Union’s Strike: NUEE Executives Should See Beyond Their Noses – Government

  This piece is written by Ogbuagu Anikwe, a Special Adviser to the Minister of Power. He raises valid points in the defense of the Minister’s decision to terminate senior officials in the Power sector. The Hon. minister had...

  • Posted April 11, 2012
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  Halliburton Scandal: Government Demands $130 Million the Bribe Facilitator Diverted

  Jeffery Tesler is cooling his heels in a jail cell in the United States of America, however his legacy of bribery and corruption facilitation lives on in the free society. The British lawyer who was jailed 21...

  • Posted April 11, 2012
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  Nigerian Stock Exchange Watch: Market Sheds Weight as Banks, Bluechips Record Price Dips

  The All Share Index resumed the post-Easter season by retreating 0.73% on the back of a bearish banking sector, and losses across several blue chips including Dangote Cement (-0.43%), Nestle (-0.24%), and Flour Mills (-5%). The banking...

  • Posted April 10, 2012
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  How Instagram Built a $1 Billion App in Two Years?

  Silicon Valley is one of the few places where a 27-year-old Web entrepreneur can parlay a photo- sharing application with no known source of revenue into $1 billion — in two years. Evidence of that came yesterday,...

  • Posted April 10, 2012
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  Oando Issues Profit Warning, Plans to Release 2011 Earnings in May

  Nigeria’s largest and most respected indigenous Oil and Gas company, Oando, has alerted stakeholders on an impending dip in net income. The company released a statement today in which it attributed the dip in net income to...

  • Posted April 10, 2012
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  Plateau seals pact on hydro power stations

  THE Plateau government has signed a Memorandum of Understanding (MoU) with Stroy Alyans Construction Company for the construction of six hydro-electric power plants in the state. The Commissioner of Water Resources, Mr. Idi Waziri, who signed on behalf...

  • Posted April 10, 2012
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  US should lead to end World Bank tradition – Okonjo Iweala

  The United States should take the lead and break the long tradition of an American always heading the World Bank, Nigerian finance minister and a nominee for the top post Ngozi Okonjo-Iweala said on Monday. Speaking after a “marathon”...

  • Posted April 10, 2012
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  TOTAL EXPLORATION MENDS FENCES WITH HOST COMMUNITIES

  Three communities in Rivers State, Andoni, Mgbuesilaru and Rebesi have faulted the commitment of TOTAL Exploration and Production Nigeria Limited (TEPNG) in honoring its agreements with them. Total signed a Memorandum of understanding (MOU) with the communities...

  • Posted April 10, 2012
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  PHCN Must Refund N 378 Billion in Illegal Bills and Charges – Coalition for Social Equality

  The Coalition for Social Equality, a NGO geared to promote social justice in the country has quantified the value of illegal charges and bills that PHCN has imposed on its customers over the years – N 378...

  • Posted April 10, 2012
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  PPMC Fined N 62.5 Million for Oil Spills in Kaduna, Delta

  The Petroleum Products Marketing Company (PPMS), a NNPC subsidiary has been ordered by the Federal High Court sitting in Asaba, Delta to pay N 62.5 million on account of oil spillages that it caused in Kaduna and...

  • Posted April 10, 2012
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