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All posts tagged "head"

  • ‘MTN is the only Profit Making Telco’ – NCC

    The Executive Vice-Chairman of the Nigerian Communications Commission (NCC), Dr. Eugene Juwah, stirred up some controversy yesterday when he disclosed to lawmakers that MTN is the only profit making telecommunications company in the country. Juwah disclosed this...

    • Posted July 18, 2012
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  • NNPC Bought $14 million Helicopter for Presidency, Gave Informal Loans

    As the results of an external audit on the Nigerian National Petroleum Corporation (NNPC) begin to filter into the media, it has been revealed that certain former administrations benefited unlawfully from funds owned by the Nigerian people...

    • Posted July 17, 2012
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  • Procter and Gamble to Build $250 million Plant in Ogun

    Procter and Gamble recently had the ground-breaking for their $ 250 million (N 43 billion) baby care factory in Agbara, Ogun State. The ground-breaking ceremony was attended by the Minister of Trade and Investment, Olusegun Aganga. The...

    • Posted July 16, 2012
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  • Former Mercenary Signs $850m Nigerian Oil Deal

    Heritage, on its website, attempts to distance its chief executive from his past by stating that he severed relations with his mercenary and security contacts and associates since 1998, but the British media still link him with...

    • Posted July 15, 2012
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  • Dana’s Flight 0992 preliminary accident report – AIB

    The Accident Investigation Bureau (AIB) has released its preliminary accident report on the Dana Air Crash. The report signed by Captain M.S. Usman, the Commissioner of the Accident Investigation Bureau, is reproduced in its entirety below: On...

    • Posted July 13, 2012
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  • FG Approves Petroleum Industry Bill

    In a bid to step up activities in the oil sector, the Federal Government yesterday formally approved the new Petroleum Industry Bill. Briefing State House Correspondents after the weekly Federal Executive Council (FEC) meeting presided over by...

    • Posted July 12, 2012
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  • Nuhu Ribadu Challenges EFCC Leadership on Subsidy Fraudsters

    Former Economic and Financial Crimes Commission (EFCC) Chairman and current Chairman of the Special Petroleum Revenue Taskforce, Mallam Nuhu Ribadu, has challenged the present leadership of the EFCC to bring the subsidy fraudsters to justice quickly. Mallam...

    • Posted July 11, 2012
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  • EFCC to Prosecute Subsidy Fraudsters Soon – Attorney General

    The Attorney General of the Federation, Bello Adoke, has signaled that the Economic and Financial Crimes Commission (EFCC) would soon begin to prosecute the subsidy fraudsters exposed by the House ad-hoc Committee on Fuel subsidy probe. He...

    • Posted July 10, 2012
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  • 7 Nigerian banks listed in Top 1000 Worldwide

    Seven Nigerian banks have been featured in a ranking of the Top 1000 banks in the world. The list is compiled by The Banker magazine, a publication of the Financial Times of London. The seven Nigerian banks...

    • Posted July 9, 2012
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  • Jaiz Islamic Bank Of Nigeria Plans To Raise More Capital

    Jaiz Bank Plc of Nigeria, which provides Shariah-compliant banking services, said it plans to raise 8 billion naira ($49.7 million) to expand its operations. “We are targeting between the end of July and early August to raise the capital,”...

    • Posted July 7, 2012
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