Latest News
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Chevron trains Nigerian graduates on deepwater technology
Chevron Nigeria Limited, CNL, said it is sponsoring qualified young graduates to a training course on Remotely Operated Vehicle, ROV, overseas, as part of its efforts to assist Nigerians acquire necessary manpower in the deep water sector...
- Posted July 24, 2013
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FCTA, SCC sign N19.4b Karshi water supply agreement
The Federal Capital Territory Administration on Thursday signed a N19.438 billion agreement with SCC Nigeria Limited for the construction of a new water supply scheme in Karshi Satellite Town of the FCT. The Honourable Minister of State...
- Posted July 23, 2013
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NLNG loses $525m in face-off with NIMASA
The Nigeria LNG Limited, NLNG, the nation’s foremost liquefied natural gas, producer, may have lost about $525 million as a result of the ongoing dispute with the Nigerian Maritime Administration and Safety Agency, NIMASA, over levy. Vanguard...
- Posted July 23, 2013
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NLI, First Bank partner on grooming emerging leaders
Nigerian Leadership Initiative (NLI) is partnering with First Bank of Nigeria Limited, Nigeria’s foremost financial institution to enhance capacity building among youths through the Future Leaders Seminar scheduled for Sunday 20 to Wednesday 23 October 2013 in...
- Posted July 23, 2013
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FG, India sign pact for off-grid solar powered system
The Federal Government has signed an agreement with an Indian based electrical firm, Bharat Heavy Electricals to establish an off-grid solar powered system that would provide additional megawatts to the nation’s energy sector. A statement by the...
- Posted July 23, 2013
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PIB: Fix refineries, downstream regulations, IPMAN urges FG
As the public hearing on the new Petroleum Industry Bill (PIB) enters its second week today at the National Assembly, the Independent Petroleum Marketers Association of Nigeria (IPMAN), at the weekend lamented the parlous state the nation’s...
- Posted July 23, 2013
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MTN, Etisalat, others frustrate criminal investigations – Police
Some of the criminal investigations carried out by the police suffer setback because of the refusal of some major telecommunications companies in the country to cooperate with security agents, Daily Independent has learnt. A senior police officer...
- Posted July 23, 2013
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FCMB Adetokumbo Ademola Branch fire alert: Commercial activities run as usual
The Adetokunbo Ademola branch of First City Monument Bank (FCMB) Plc at Victoria Island in Lagos opened to customers on Monday, July 22 and full banking activities were offered. This is coming after last weekend’s minor fire...
- Posted July 22, 2013
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Petroleum training institute will not be relocated – President Jonathan
President Goodluck Jonathan said Monday in Abuja that his administration attaches the highest possible value to the contributions of the Urhobo to national development and will therefore do all within its powers to address issues that are...
- Posted July 22, 2013
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PIB: NEITI seeks clarification on host communities’ fund
The Nigeria Extractive Industries Transparency Initiative has called on the National Assembly to use the Petroleum Industry Bill to ensure uniformity in addressing the problems of all communities located in mineral-producing areas. The Chairman, Board of NEITI,...
- Posted July 22, 2013
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Senate to consider budget amendment this week
The Senate may have changed its earlier position to delay the consideration of the 2013 budget amendment proposals submitted by President Goodluck Jonathan until September, as there are plans to take the second and third readings of...
- Posted July 22, 2013
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Europe to ban oil stolen from Nigeria
The European Parliament is set to stop the purchase of stolen oil from Nigeria in Europe. Any crude oil meant to be sold in the European market is now to be accompanied with a certificate of origin....
- Posted July 22, 2013
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Stop threatening Nigeria – Mark warns oil companies
Senate President, David Mark, has warned international oil companies ,IOCs, operating in Nigeria its frequent threats of leaving the country at a slightest provocation. Mark stated this while declaring open a two-day public hearing on the Petroleum...
- Posted July 22, 2013
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We’re reforming to attract private sector investments – Dikki
Benjamin Dikki is the Director General of the Bureau of Public Enterprises, the agency saddled with the privatisation of government owned companies. The Bureau has been involved in various issues of recent, ranging from the botched NITEL...
- Posted July 21, 2013