All posts tagged "featured"
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Fashola Inaugurates Research and Development Council with N200 million
The Lagos State Governor, Mr. Babatunde Fashola (SAN), Monday inaugurated the Lagos State Research and Development Council asserting that research and development would define the lives of citizens in more ways than they could possibly perceive. Speaking...
- Posted September 25, 2012
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Heavy Traffic Envisioned as Lagos Ibadan Expressway Reconstruction Commences
The management of Bi-Courtney Highway Services Limited, concessionaires for the Lagos-Ibadan Expressway has advised motorists that it has commenced reconstruction works on major sections of the road. The company disclosed that it has sub-contracted major reconstruction works on...
- Posted September 25, 2012
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“We will cripple Shell Operations if you don’t respond in 14 days”-Bayelsa community
In Yenagoa all hell has broke loose as indigenes of I, II, and III villages in Ekeremor Local Government Area of Bayelsa State have warned the Shell Petroleum Development Company to hastily compensate families of the five...
- Posted September 25, 2012
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Nigeria loses N260. 5 billion due to drop in oil revenue, Spotlight on solid minerals
The Chairman, Forum of Commissioners of the 36 states of the federation, Timothy Odaah, informed journalists yesterday in a public interview that both the local, state and federal government has agreed use alternative measures to generate more...
- Posted September 25, 2012
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Total to Sell $20 Billion of Assets as It Raises Output Goal
Total SA, Europe’s third-largest oil company, plans to sell as much as $20 billion in assets to raise cash for oil and gas projects. Total said it would try to sell $15 billion to $20 billion of...
- Posted September 24, 2012
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Seawolf Signs N 22 billion Contract on Drilling Rig With Exxon
Seawolf Oil Services Ltd., a Nigerian offshore drilling company, said it signed a 22 billion naira ($140 million) contract to provide one of its three rigs to Exxon Mobil Corp. The Oritsetimeyin rig will be contracted to ExxonMobil...
- Posted September 24, 2012
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Former Power Minister, Prof. Barth Nnaji and others to face the law for Bank debt – CBN
The former Power Minister, Prof. Barth Nnaji and other debtors amongst who are Femi Otedola, Alhaji Sayyu Dantata, Sir Johnson Arumemi-Ikhide, are to be handed over to law enforcement agents if they do not pay off their...
- Posted September 24, 2012
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Campaign Trail: Mimiko Vows to Industrialize Ondo state
Ondo State Governor, Dr Olusegun Mimiko at the weekend assured the people of the State of his determination to revive the ailing industries and establish more with a view to providing jobs for the people and boost...
- Posted September 24, 2012
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PIB: Lawmakers Move Against Petroleum Minister’s Powers
As the debate on the Petroleum industry bill is about to enter full throttle, one major area of concern for lawmakers is the immense powers the legislation provides the Minister of petroleum. According to experts on the...
- Posted September 24, 2012
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Onosode Appointed Chairman of Investor Protection Fund
The Nigerian Stock Exchange has constituted the Board of trustees for the investor Protection Fund. The Fund is set up to compensate investors who lose money in the stock market as a result of the bankruptcy, insolvency, negligence...
- Posted September 24, 2012