All posts tagged "featured"

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  How Cross River state lost N1 billion to fire incidents

  The Government and people of Cross-River State has unfortunately lost over Na1 billion worth of property to fire incidents in this year. This development was disclosed by the State’s director of Emergency Management Agency, (CRSEMA) Mr. Vincent...

  • Posted November 10, 2012
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  The Senate Committee will not hesitate to give zero budgetary allocation to the Ministry of Environment – Saraki

  The Ministry of Environment has been cautioned and threatened by the Senate Committee on Environment, following lack of proper records on the expenditure of previous allocations. The Senate Committee on Environment said it would invoke its parliamentary...

  • Posted November 10, 2012
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  Ribadu Report: Fashola laments presidency’s delay in probing subsidy culprits

  Lagos State Governor, Mr. Babatunde Fashola (SAN) has blamed the presidency for delaying investigations into the report of the Petroleum Revenue Taskforce. Fashola said this at the 2012 Kuramo Conference themed, “The Global Common Wealth” held in...

  • Posted November 10, 2012
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  Opec Forecasts Decline in Global Oil demand by 2016

  Global demand for fuel from the Organization of Petroleum Exporting Countries will shrink to 29.7 million barrels a day in 2016,  1.4 million less than this year, the  group said Thursday in its annual World Oil Outlook. The  estimate for...

  • Posted November 9, 2012
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  Court to Hear Otedola’s N250 billion Suit Against House, Lawan and Tambuwal

  The legal tussle between oil mogul, Femi Otedola and the embattled former Chairman of the House of Representatives Ad-hoc Committee on fuel subsidy probe, Farouk Lawal is set to begin November 23. The date was fixed yesterday...

  • Posted November 9, 2012
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  Nigeria’s Refineries Must be Operational by March 2013 – President Jonathan

  The Presidential spokesperson Reuben Abati has said the government is working on the implementation of the various Petroleum sector reports. He said the President wants to complete the Turn Around Maintenance (TAM) rehabilitation of three refineries in...

  • Posted November 9, 2012
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  Cash Smugglers: EFCC Arrests Two with $250,000, Solid Gold Nuggets Worth N34 Million

  The Economic and Financial Crimes Commission, EFCC has arrested two suspects over an attempt to smuggle more than $238,858 ( two hundred and thirty eight thousand, eight hundred and fifty eight United States Dollars) out of the...

  • Posted November 9, 2012
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  Nigerian Economy gets Ratings Upgrade

    Sub-Saharan Africa’s second largest economy Nigeria is on the path of great socio-economic transformation going by the recent ratings of internationally renowned credit rating agency Standards and Poors from ‘B+’ to ‘BB-‘ . The agency believes...

  • Posted November 9, 2012
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  Galaxy S3 beats Apple’s Iphone to #1 Smartphone of 2012

      For the past two years the Apple Inc have dominated the technology market with cutting edge Iphone products, winning market research and brand prowess consecutively. But this year that has changed as their biggest competitor...

  • Posted November 9, 2012
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  Nigeria Stock Exchange Watch: ASI Adds 0.34% as Market Capitalization Hits $54 billion

  The All Share Index advanced 0.34% to close at 26,883.76. Performance was driven largely by positive price movement in the shares of blue chip stocks such as Dangote Cement (+1.22%), and Nigerian Breweries (+1.32%). The sentiment across the...

  • Posted November 8, 2012
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