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All posts tagged "head"

  • New Regulation Likely To Cost Nigeria $48b Investment​s in Oil Sector

    A bid procedure adopted by the Nigerian National Petroleum Corporation (NNPC) may cost the nation Investments in the oil and gas industry worth about $48 billion. The process has disregarded all due and standard procedures in conducting...

    • Posted December 8, 2012
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  • Uba, Maduka N20 billion Probe Stalled by Okonjo-Iwe​ala’s Absence

    Investigations into the N20 billion fuel subsidy dispute between the Chairman of Capital Oil and Gas Limited, Mr. Ifeanyi Uba, Mr. Cosmas Maduka failed to hold yesterday following unforeseen circumstances. The investigation been carried out by the...

    • Posted December 7, 2012
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  • Bi-Courtney Lambasts EFCC for Storming Babalakin’s Hospital Ward

    Bi-Courtney Limited has faulted the storming of the Economic and Financial Crimes Commission (EFCC) into Babalakin’s Hospital Ward at the Lagos University Teaching Hospital, Idi Araba, Lagos. Bi-Courtney’s representative, Mr. Dipo Kehinde, in a statement said EFCC...

    • Posted December 6, 2012
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  • FG Will Hold Oil Licensing Round This Year- Alison-Madueke

    The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has said Nigeria continues to set its sights on holding an oil-licensing round for marginal fields prior to the end of this year. “We sincerely hope to have a...

    • Posted December 5, 2012
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  • Subsidy: 50 Oil Firms Collected N232 billion Illegally- Okonjo-Iweala

    Minister of Finance, Mrs. Ngozi Okonjo-Iweala said Fifty oil marketers illegally collected N232 billion from the Federal Government as fuel subsidy. Mrs. Ngozi Okonjo-Iweala who doubles as the Co-ordinating Minister for the Economy said the government has...

    • Posted December 4, 2012
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  • Fraud Watch: London Metropolitan Police to Provide Evidence against Babalakin

    The London Metropolitan Police is expected to tender evidence against the Chairman, Bi-Courtney Highway Services, Dr. Wale Babalakin, in court when his trial begins proper. A leading legal practitioner who spoke in confidence said the Met police...

    • Posted December 3, 2012
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  • EFCC Debunks Rumours over Babalakin’s Trial

    The Economic and Financial Crimes Commission (EFCC) yesterday came out to clarify misconceptions that the court stopped EFCC from prosecuting the Chairman of Bi-Courtney, Dr. Olawale Babalakin. EFCC’s head of Media and Publicity, Mr. Wilson Uwujaren made...

    • Posted December 2, 2012
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  • Sanusi under Attack from Reps

      Just 48 hours ago the CBN boss Governor Lamido Sanusi was castigated by the Nigeria Labour Congress NLC over his economic revival strategy, which, involves sacking 50 per cent of civil servants. Yesterday the House of...

    • Posted November 30, 2012
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  • Bi-Courtney Boss, Babalakin’s Trial Starts today

      Bi-Courtney Chairman Dr. Olawale Babalakin (SAN) has decided to face trial over the N3.4 billion allegedly laundered for ex-Governor James Ibori to buy a Challenger aircraft. It took the Chairman over a week to decide on...

    • Posted November 29, 2012
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  • ‘Fire Them. Nigeria Doesn’t Need 100 Senators and 400 Reps to Make Laws’ – Lamido Sanusi

    The Nigerian economy and its leaders seem to be wallowing in a state of confusion, contention, and debate. Irrespective of the regrettable state of unemployment in the country, only yesterday, the Central Bank of Nigeria (CBN) Governor...

    • Posted November 28, 2012
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