All posts tagged "Nigeria"
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Oando’s rigs drill for three years without loss time
Oando Energy Services Limited, Nigeria’’s leading indigenous provider of swamp drilling rigs services and a subsidiary of Oando Plc, has announced that the OES Teamwork, one its four rigs, has recorded a safety milestone of three years...
- Posted January 30, 2013
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Banks Advised to Develop Credit for Agricultural Sector
Just a year ago after the renowned Bangladeshi Professor, Mohammed Yunus, told Nigerian Banks to step up their plans by encouraging the Agricultural and Rural sectors with more credit facilities that are viable, the Banks have once again been...
- Posted November 15, 2012
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Presidency Accuses Amaechi of ‘School-boy’ style protest over Disputed Oil Wells
The Presidency and the government of Bayelsa state are in the middle of a cold war with the Rivers State government over the potential ceding of some oil producing communities to Bayelsa state. The oil wells are...
- Posted October 31, 2012
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World Bank Responsible For Grand Corruption In Nigeria – Femi Falana (SAN)
This Op-Ed on the World Bank by Femi Falana Shows Why The Legal Luminary Was Way Overdue for SAN title The World Bank has just issued a damning report which claimed that 80% of Nigerian businesses offer...
- Posted August 17, 2012
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World Bank loans $400 million for Urban Water Reform Projects
The World Bank has disbursed $ 400 million to Lagos, Kaduna, Ogun, Enugu and Cross Rivers. The funding is meant for the development and rehabilitation of urban water facilities and to increase access to piped water under...
- Posted January 24, 2012
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Nigeria paid close to N 670 billion for smuggled fuel – Investigation
The ad-hoc Committee investigating the Petroleum Subsidies saga continues to unravel one bombshell after the other. The lastest discovery is that Nigeria over-imported petrol on a daily basis to the tune of 24 million litres in 2011,...
- Posted January 19, 2012
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Africa’s Future: Responding to Today’s Global Economic Challenges (IMF Boss Speech)
The following is full text of the speech delivered by the Managing Director of the IMF, Christine Lagarde at a Rountable Discussion with stakeholders at the Eko Hotel this morning. Good morning. It is a privilege...
- Posted December 20, 2011
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IMF Boss Cautions Nigeria on Impending EuroZone Recession
Managing Director of the International Monetary Fund (IMF), Christine Lagarde has called on developing economies like Nigeria to build a firewall against the financial crisis in developed countries, specifically in Europe. Speaking at the Eko Hotel and...
- Posted December 20, 2011
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IMF MD, Christine Lagarde To Visit Nigeria Next Week
International Monetary Fund (IMF) Managing Director Christine Lagarde will visit Nigeria and Niger from December 18–22, 2011, on her first trip to Africa since her appointment earlier this year. Ms. Lagarde will hear from policymakers, the African...
- Posted December 16, 2011
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Indian BPO Firm granted Pioneer Status Incentive by FG, Gets 5 year Tax Holiday
Spanco, a business process outsourcing firm based in India has announced that the Nigerian Investment Promotion Commission (NIPC) has granted the pioneer status incentive in respect of company`s activity in telecommunications to expand their business. Spanco has a $ 250...
- Posted December 16, 2011