All posts by admin

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  Nestoil Buys 10pc Stake in Julius Berger

  Nestoil Group, one of Nigeria’s foremost engineering, procurement and construction (EPC) services firms in the energy and oil and  gas industry has taken up 10 per cent stake in construction giant, Julius Berger Plc. The deal, worth...

  • Posted February 6, 2012
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  Jonathan Launches Dangote Ibese Cement Plant Thursday

  President Goodluck Jonathan will on Thursday February 9 commission the multi-billion dollar new Dangote Cement plant, situated in Ibese, Ogun State. The new plant has an installed capacity of six million metric tons of cement per annum....

  • Posted February 6, 2012
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  BUDGET 2012: The Security Spending Spree by Nasir El-Rufai

  We continue our detailed review of the 2012 Budget proposals today looking closely at the amounts earmarked for the office of the NSA, the SSS, and the NIA. Our objective is to appreciate the huge amounts allocated...

  • Posted February 4, 2012
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  Subsidy Removal An Economic Necessity – President Jonathan

  President Goodluck Jonathan  has said that the removal of subsidy on petroleum is an economic necessity. He also said that Africa’s economic development will be more difficult to achieve without a free intra-African economic and trading system. The President...

  • Posted January 30, 2012
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  FG to spend N2trn on debt servicing

  The Federal Government will spend N2.11 trillion to service foreign and domestic debts and borrow about N2.6 trillion in new domestic debts over the next four years, according to government’s fiscal plan approved by the National Assembly. A...

  • Posted January 30, 2012
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  Lagos-Ibadan Expressway reconstruction to start from Ibadan – Bi-Courtney

  The expansion and reconstruction of the Lagos-Ibadan Expressway, initially scheduled to start from Lagos, will now start at the Ibadan end of the road. Oyo State Governor, Senator Abiola Ajimobi, has welcomed the arrangement and offered to...

  • Posted January 27, 2012
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  EFCC Storms Kaduna Refinery

  Operatives of the Economic and Financial Crimes Commission (EFCC) are now in Kaduna to investigate the activities of the Kaduna Refining and Petrochemical Company (KRPC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC). The probe follows...

  • Posted January 24, 2012
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  More Than A Rumor: Ipad 3 expected to go on sale in March

  Apple Inc. (AAPL)’s next iPad, expected to go on sale in March, will sport a high-definition screen, run a faster processor and work with next-generation wireless networks, according to three people familiar with the product. The company’s manufacturing...

  • Posted January 14, 2012
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  Oil Production Platforms Shutdown: PENGASSAN Issues Red Alert

  The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed all oil production platforms to be on red alert in preparation for total production shutdown. In a statement issued in the past hour, the...

  • Posted January 11, 2012
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  Twitter lashed out at Google changes, We are a bit surprised says Google

  Twitter, a microblogging service that allows its users to broadcast short, 140-character messages to groups of “followers,” said Google’s changes would make it tougher for people to find the breaking news often shared by users of its...

  • Posted January 11, 2012
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