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All posts tagged "ticker"

  • Police arrest Ifeanyi Uba, Capital Oil chief over fuel subsidy scam

    The Police Special Fraud Unit, Ikoyi has arrested oil magnet, Mr Ifeanyi Uba, the Managing Director of Capital Oil & Gas Industries Ltd over the involvement of his companies in the fuel subsidy scam. Uba was taken...

    • Posted October 9, 2012
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  • Nigeria Targets More Than $20 Billion Investment Within 3 Years – Olusegun Aganga

    Nigeria, Africa’s biggest oil producer biggest oil producer, wants to attract more than $20 billion in foreign direct investment within three years, Trade and Investment Minister Olusegun Aganga said. The West African nation increased the amount of...

    • Posted October 5, 2012
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  • 12 Wonder Banks Shutdown by SEC

    The Securities and Exchange Commission (SEC) has shut down the operations of 12 illegal financial institutions also identified as ‘wonder banks’. A highly placed source who spoke with The Guardian yesterday, also disclosed that the case files...

    • Posted October 3, 2012
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  • Nigeria attracted N6.8tn investment in nine months – Jonathan

    President Goodluck Jonathan has said the country’s Gross Domestic Product, driven mainly by the non-oil sector, has grown by 7.1 per cent, while the economy attracted N6.8tn investments in nine months. Jonathan, who disclosed this in his...

    • Posted October 2, 2012
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  • Crude Prices Fall on Global Macroeconomic Concerns

    Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone....

    • Posted October 1, 2012
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  • Shell Blames Oil Thieves for Production Shut-in After Fire

    Shell’s Nigerian unit shut its Bonny oil pipeline and deferred 150,000 barrels per day of production on Sunday after oil thieves caused a fire, the company said. “Shell … has shut the 28-inch Bomu-Bonny Trunkline after discovering...

    • Posted October 1, 2012
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  • Make Your Employees Feel Like Winners

    Every year, my email marketing company, VerticalResponse, applies for awards in several categories: company growth, best customer service, best product, best executives…the list goes on. Why do we do this? If we win, we get press, we have another...

    • Posted September 30, 2012
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  • Oil Majors Grumble as Nigeria Seeks 73% Share of Offshore Oil Profits

    Africa’s top oil producer, Nigeria, will seek a bigger share of profits from oil produced offshore when a new industry bill is passed into law, Petroleum Minister Diezani Alison-Madueke said. The Petroleum Industry Bill, which was sent...

    • Posted September 28, 2012
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  • El-Rufai allocated PHCN plots to wives, friends – Witness

    A prosecution witness in the trial of former Minister of the FCT, Nasir el-Rufai, Mr. Sunday Idowu, insisted  that the ex-minister illegally allocated plot 1201 to his family members, the News Agency of Nigeria reported on Tuesday. Idowu, an...

    • Posted September 26, 2012
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  • From university dropout to ICT millionaire

    The Co-Founder and Chief Operating Officer, Oxygen Broadband Networks, Nigeria’s first metro WiFi network, Mr. Wande Adalemo, is a young man who aspired to be a university graduate and get a job. But an event in 1998...

    • Posted September 25, 2012
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