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All posts by Afolabi Ogunde

  • Labour, FG to reach Consensus on Saturday, Work may Begin Monday

    Indicators point to Labour and government reaching a consensus on their next scheduled meeting for the fuel subsidy regime on Saturday, leading to a lifting of the strike and workers beginning work on Monday. Speaking to journalists...

    • Posted January 13, 2012
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  • International Airlines Depart at Midnight as Airports Remain Closed

    The attendant effects that the ongoing labour strike has on airline operators in the country are myriad. National Union of Air Transport Employees (NUATE), and Air Transport Services Senior Staff Association of Nigeria (ATSSAN) have ensured that...

    • Posted January 13, 2012
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  • Malaria Vaccine Almost Here

    Medical practitioners across Africa working on a vaccination for the deadly malaria disease have continued to make good progress.Dr. Patricia Njuguna, a researcher based in Kenya has developed a vaccine named RTS, S which has been termed...

    • Posted January 12, 2012
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  • South South States to get Made in Nigeria Solar Panels

    Locally manufactured panels are being deployed in several southern states as part of a pilot programme to develop alternative energy and rural electrification in Nigeria. The panels are developed by National Agency for Science and Engineering Infrastructure...

    • Posted January 12, 2012
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  • Buy Property in Dubai, Prices Affordable NOW

    A leading property developer in Dubai, Damac Properties, is developing an ultra-modern luxury high-rise (90 floors) residential tower in the Dubai marina. The project is located next to the Marina Walk and facing the Palm Jumeirah and...

    • Posted January 12, 2012
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  • Central Bank Auctions $ 172 Million, All Share Index Down Marginally

    The Central Bank sold $172 million in its bi-weekly currency auction yesterday, short of the $200 million it had announced was available on its website. The shortfall is due to a lull in demand due to the...

    • Posted January 12, 2012
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  • Oil Prices Up on Nigeria Strike Concerns, Iran Tension

    Crude Oil prices shot up yesterday due to a statement issued by the head of PENGASSAN, Mr. Babatunde Ogun. Also concerns on Iran-West tensions are on the increase after an Iranian nuclear scientist was assassinated in a...

    • Posted January 12, 2012
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  • International Fuel Trade “Mafias” Behind failure of Refineries – Femi Otedola

    According to leaked United States diplomatic cables, the fraud associated with the cabal that has brought Nigeria’s fuel subsidy system to its knees has been ongoing for close to a decade and has remained virtually unchecked. The...

    • Posted January 12, 2012
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  • Mafia now “Italy’s No.1 bank” as crisis bites: report

    (Reuters) – Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country’s biggest “bank” and squeezing the life out of thousands of small firms, according to a report...

    • Posted January 11, 2012
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  • Air Nigeria to take delivery of New Aircraft, Re-commence London and other Routes

    Air Nigeria has announced plans to take delivery of 4 new aircraft valued at N 45 Billion ($ 280 million). According to Kinfe Kahssaye, CEO of Air Nigeria, the company plans to two Airbus A330-200 and two...

    • Posted January 11, 2012
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