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All posts by Afolabi Ogunde

  • NCAA moves against Passenger Rights abuses by Airlines

    The Nigeria Civil Aviation Authority ( NCAA) is planning to introduce a passengers’ bill of rights in line with the requirements of the global aviation regulator-International Civil Aviation Organisation) ICAO, investigations have revealed. The measure is aimed...

    • Posted March 19, 2012
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  • Accolades as Indigenous Company, Nigerdock Plc Builds First-ever Well Head Platforms in Nigeria

    An indigenous company, Nigerdock Nigeria Plc recently delivered three wellhead platforms built in Nigeria at its Snake Island facility to Mobil Nigeria Plc. The wellheads were the first ever to be designed and fabricated wholly in Nigeria....

    • Posted March 19, 2012
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  • Government to Invest $150 billion in Oil and Gas Sector

    The President, on Friday, commissioned three wellhead platforms for the Nigeria National Petroleum Corporation (NNPC) and Mobil that were built by Nigerdock Nigeria Plc at its Snake Island Integrated Free Zone facility in Lagos. The three wellhead...

    • Posted March 19, 2012
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  • Africa: 10 cities to watch

    Everyone is talking up Africa’s potential for growth – but in a continent with more than a billion people, where should foreign companies focus their attention? According to research by Frontier Strategy Group, Africa will have 73 cities...

    • Posted March 18, 2012
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  • Is Arunma Oteh the new Dora Akunyili?

    When it comes to integrity in public service, Nigerian women seem to be leading the way. Well that is with the exception of Patricia Etteh, the former Speaker of the House and an ex-hair dresser who approved...

    • Posted March 16, 2012
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  • Senate inflates 2012 budget, may cause stalemate

    The Senate passed the 2012 budget on Thursday with higher expenditure than the finance minister advised, risking further delays to implementing spending plans if President Goodluck Jonathan refuses to approve them. Spending plans for Africa’s second largest economy have...

    • Posted March 16, 2012
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  • BUA’s $50m pasta plant to begin production

    BUA International Group, one of the leading local conglomerates, is set to join the league of major pasta producers in the country, following a $50m (N8.1bn) investment in its production plant. The Group Chief Operating Officer, BUA...

    • Posted March 16, 2012
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  • Reps asked for N39m, N5m bribes – DG SEC

    The investigation by the House of Representatives of the Nigerian Capital Market took a dramatic twist on Thursday as the Director-General of the Securities and Exchange Commission, Ms. Arunma Oteh, accused the Chairman, House Committee on Capital...

    • Posted March 16, 2012
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  • Nigeria Applies for $ 670 Million Interest-free Loan from Islamic Development Bank

    The Minister of State for Finance, Dr. Yerima Ngama, has confirmed Nigeria’s application for a $ 670 million interest-free loan from the Islamic Development Bank (IDB). The loan application which is currently being debated by the National...

    • Posted March 16, 2012
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  • CBN provides Concessions on Cashless Lagos, Increases Transaction Limits and Cuts Charges

    The Central Bank of Nigeria (CBN) appears to be partially retracing its steps on the controversial Cashless Nigeria project which is slated to kick off in Lagos in two weeks. The CBN has divulged that the transaction...

    • Posted March 16, 2012
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