All posts by Afolabi Ogunde

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  Number plate: Senate summons FRSC, FIRS, minister

  Senate Committee on Federal Character and Intergovernmental Affairs has invited the Minister of Transport, Mr. Idris Umar, and the Chairman of the Federal Inland Revenue Service, Mrs Ifueko Omoigui-Okauru, to its public hearing on Tuesday. According to...

  • Posted March 26, 2012
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  Nigeria and GE Signs $10 billion Pact on Electricity Generation, Plan for 10,000 Megawatts

  The Federal Government has entered into a $ 10 billion agreement with General Electric (GE) to invest in the construction of power plants across the country. The agreement was signed in London over the weekend by Minister...

  • Posted March 26, 2012
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  Nigerians sue Shell in London over Delta pollution

  A group of 11,000 Nigerians launched a suit against Royal Dutch Shell at the London High Court on Friday, seeking tens of millions of dollars in compensation for two oil spills in 2008 that they say destroyed...

  • Posted March 26, 2012
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  UBA Plans for $ 500 Million Euro bond in Fourth Quarter

  The Chief Executive Officer of UBA Plc, one of Nigeria’s largest bank by assets value has stated that the bank is aiming to raise a $ 500 million Eurobond either in the last quarter of 2012 of...

  • Posted March 26, 2012
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  Achiever: Nigerian native, Agbede owns US largest black engineering firm

  Montana was not what Robert Agbede had in mind. A Nigerian native, Agbede long wanted to move to America, and in January 1976, he got that chance. He excelled in science and math at a private American...

  • Posted March 24, 2012
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  Champagne on Less than a Dollar a Day

  According to Tokini Peterside, marketing manager of  Moet Hennessy, Nigeria is one of the top 10 consuming countries of the premium champagne in the world. In a country where over 60% of the population lives on less...

  • Posted March 24, 2012
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  Nigeria, GE discuss prospect of locomotive assembly plant

  General Electric of Brazil may soon set up a locomotive assembly plant in Lagos to speed up the transformation programme of the rail mode of transportation in Nigeria. This was the high point of discussions between the...

  • Posted March 23, 2012
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  Rivers may Emerge First State to Provide 24 Hours Uninterrupted Electricity Supply

  The Rivers State Government is blazing the trail in becoming the first state to achieve 24 hours uninterrupted power supply in the country. This was disclosed during an interactive session between members of the media on Sunday...

  • Posted March 23, 2012
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  World Bank: Zuma, Jonathan hold talks on Okonjo-Iweala

  President Goodluck Jonathan and his South African counterpart, Jacob Zuma, have held consultations over the possible presentation of Nigeria’s Minister of Finance, Dr. Ngozi Okonjo-Iweala, as the continent’s candidate for the presidency of the World Bank. South...

  • Posted March 23, 2012
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  FG, Stakeholders meet over Lagos-Ibadan Expressway

  The Federal Government held a meeting yesterday with stakeholders of the Lagos-Ibadan expressway project concessioned to Bi-Courtney. The stakeholders at the meeting included the Lagos, Oyo and Ogun state governments represented by senior government officials. Others included...

  • Posted March 23, 2012
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