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All posts by Afolabi Ogunde

  • Oando announces closing date for reverse take over of Exile Resources

    PRESS RELEASE OANDO PLC OANDO ANNOUNCES CLOSING DATE FOR REVERSE TAKE OVER OF EXILE RESOURCES   Oando Plc (‘Oando”) is pleased to update all stakeholders that a closing date of July 24, 2012 has been set for...

    • Posted July 23, 2012
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  • Orange and Gameloft team up to launch new mobile games services in Africa and Middle East

    Orange, which is represented in 22 countries in Africa and Middle East, is teaming up with Gameloft, a leading global publisher of digital and social games, to make mobile games and offers available on smartphones and java...

    • Posted July 23, 2012
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  • Flour Mills to invest N100bn in Nigeria in five years, Announces new structure and investments

    Flour Mills Nigeria Plc said it will invest N100 billion in Nigeria within the next five years. The company, in a statement announcing its new organisational structure and investments, said N30 billion would be invested in the...

    • Posted July 23, 2012
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  • Oil Drops A Second Day On China Slowdown, Europe Crisis

    Oil dropped for a second day in New York amid speculation global fuel demand will falter asChina’s economy slows and Europe struggles to control its debt crisis. Futures slid as much as 1.7 percent after a Chinese central...

    • Posted July 23, 2012
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  • Funke Osibodu to Step Down as MD of Union Bank

    The board of directors of Union Bank has signaled that they will be replacing their current Managing Director, Mrs. Funke Osibodu. Mrs. Osibodu was appointed the Managing Director of the Bank in August 2009 by the CBN...

    • Posted July 23, 2012
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  • Nigerian Breweries to Invest N 15 billion in Abia

    Nigeria Breweries is set to invest N 15 billion in the construction of a new brewery and canning facility in Abia state. The company’s Brewery Manager in Aba, Ukeje Udah, disclosed this to Governor Theodore Orji during...

    • Posted July 23, 2012
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  • BPE and Manitoba Sign Management Agreement on Transmission Company Today

    The Bureau of Public Enterprises (BPE) and the Manitoba Hydroelectric company of Canada are to sign a management agreement for the Transmission Company of Nigeria (TCN) today. The agreement will hand over the management of the Transmission...

    • Posted July 23, 2012
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  • Subsidy Arrears: Depot Owners Begin Strike Today

    The Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON) have threatened to commence their strike action today in order to protest against the failure of the Federal Government to pay them subsidy arrears owed their members...

    • Posted July 23, 2012
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  • Can Google defeat Boko Haram?

    A recent AP publication reported the success the California based company, Google is helping the Mexican government  achieve against the drug cartels that have been devastating Mexico for the better part of the past two decades. The...

    • Posted July 20, 2012
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  • Analysis: Why Jonathan Played Down the Impeachment Threat?

    The Presidential spokesperson Reuben Abati may be a master of the game of public relations or the President may simply be made of teflon. After threats to impeach the Presidency were, yesterday, leveled by bi-partisan members of...

    • Posted July 20, 2012
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