Latest News
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Nigerian Railway Corporation to start haulage of petroleum
The Nigerian Railway Corporation (NRC) is to start the haulage of petroleum products and agricultural produce in the country, the Minister of Transport, Alhaji Idris Umar, has said. The minister said this in Ilorin on Tuesday at the twin-...
- Posted November 9, 2011
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PMAN’s Gen. Sec. Dies
The General Secretary of Performing Musicians Association of Nigeria, PMAN, Mr. Idowu Akinnehin, who last Wednesday, slumped at an Igbosere Magistrate’s Court, Lagos, has been confirmed dead at Lagos State University Teaching Hospital, LASUTH, Ikeja, Lagos. Former...
- Posted November 9, 2011
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Vitol to Purchase Sterling crude oil
Vitol, an Independent energy trader has entered into a long-term purchase agreement with Sterling Oil Trading and Sterling Oil Exploration for their new Nigerian crude oil production. The deal is estimated at 10,000 barrels per day (bpd)...
- Posted November 9, 2011
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Zuckerberg: Google, Yahoo, Microsoft Collect Data ‘Behind Your Back’ (PC MAG)
An American TV show Charlie Rose interviewed Facebook founder and CEO Mark Zuckerberg and Facebook Chief Operating Officer Sheryl Sandberg. PC MAG has compiled some excerpts from the interview where he discusses such things as the “rivalry”...
- Posted November 8, 2011
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UNBELIEVABLE: How Foreign Airlines Are Cheating Nigerian Local Rivals
Last Wednesday, the Slot Allocation Committee of the aviation ministry slashed the flight frequency of frontline United Kingdom carrier, British Airways, from 14 weekly flights to 10. By this action, BA will, effective November 8, 2011, operate...
- Posted November 8, 2011
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New Range Rover Evoque Launches In India
Since making its debut appearance in complete flesh and blood at the 2010 Paris Motor Show, the Range Rover Evoque has never really ceased to escape the public eye. Having already earned the distinction of being the...
- Posted November 8, 2011
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Sarkozy and Obama Perpetrate Serious Political Goof, Engage In Name Calling
President Sarkozy made a serious gaffe with potentially toxic political and diplomatic consequences. It all happened at the G 20 summit held in Cannes, a luxurious French city, very close to the French Riviera. Sarkozy was in...
- Posted November 8, 2011
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Ogun State And BOI On Zero Tolerance To Youth Unemployment
OGUN State Government in its plan to attaining its goal of zero youth unemployment has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI). Governor Ibikunle Amosun, who signed the document, also presented a...
- Posted November 8, 2011
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Record of Taxable Adult Commences In Jigawa State
In Jigawa state, there is now a process to gather the records of all adults that eligible to pay tax. This is to make it easy to track all revenue due to government and close all leakages....
- Posted November 8, 2011
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BA Continues On Probation for another Week
Still in the process of resolving industrial disputes between the two countries, The Federal Government of Nigeria and British Government have agreed to allow British Airways to continue to operate its full flight frequencies to the Murtala...
- Posted November 8, 2011
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AMCON Ends Banks Bail Out Stage with N2.78trn
The second stage towards the bailout process of banks by The Asset Management Corporation of Nigeria (AMCON) ends with a purchase of over N2.78tn total non-performing loans of banks on the face value from 21 banks at...
- Posted November 8, 2011
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War against Fake Products Comes With Fresh Laws
There is a new route towards ascertaining the war against the manufacture and importation of sub-standard products in Nigeria as the federal government comes up with new plans that will with enable laws to prosecute fake products offenders. At the opening...
- Posted November 8, 2011
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Mike Adenuga, An entrepreneur with the nine lives
Success story: Mike Adenuga, An entrepreneur with the nine lives Mike Adenuga has shown remarkable drive in managing the uncertainties of the marketplace by surviving succeeding and building a conglomerate. He runs Globacom, ETB and Conoil and...
- Posted November 8, 2011
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Corruption: Special Courts To The Rescue
Corruption remains life-threatening to our collective existence as a nation, as it thrives with impunity and without the appropriate tool/scheme to deal with it headlong. It is with welcome relief and jubilation that we endorse the setup...
- Posted November 8, 2011