As part of measures aimed at boosting electricity supply in the country, the Anglo-Dutch oil giant, Shell Petroleum Development Company (SPDC) has signed a multi-million dollar pipeline contract to supply more gas to power stations operating in the country.
Lt. General Aliyu Gusau, the National Security Adviser is a fine officer and a gentleman. Friends call him the smiling General, a gentle giant with an immaculate heart. A forthnight ago he bared his fangs and accused CBN Governor Sanusi Lamido Sanusi of sabotaging the economy because of consequential effects of the corrective measures he has taken to bring the Nigerian banks back to the path of sanity; and for punishing only a few bankers for the sins committed by all bankers.
At the 29th Distinguished Lecture Series of Adeniran Ogunsanya College of Education, Otto/Ijanikin, Lagos State, delivered by Mr. Peter Ujomu, a researcher, sociologist and human resource practitioner titled “Contemporary Issues in Poverty and Nigeria’s Development,†said research has found that there is a high risk of educational underachievement for children who are from low income home.
Commerce and Industry Correspondents Association of Nigeria (CICAN), has lined up dignitaries for its second edition of 2010 Crystal Nite of Excellence.
Obajana Cement Plc, a member of the Dangote Group, has spent almost a billion naira on various corporate social responsibility (CSR) projects in its host communities, in addition to the award of an N83million contract for the electrification of these communities.
Reals oonfectionaries Ltd, a subsidiary of Reals Group has concluded moves to introduce Karigo mints into the market.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) is wooing the Federal Government to revive the pre/post budget dinner it used to have with the organised private sector in years past.
The Nigerian-British Chamber of Commerce of Commerce (NBCC) has said that the presence of the National Environmental Standards Enforcement Agency (NESREA) at the nation’s ports is counter-productive as it has added to the ordeals clearing goods at the ports.
The International Monetary Fund (IMF) and the Bank of Finland have signed an agreement to provide IMF with up to €1.3bn (about $1.7bn).
Royal Exchange General Insurance Company Limited (REGIC) has completed a N3.8billion insurance claim payout to Nigeria Bottling Company (NBC) in respect of the fire disaster which engulfed the Benin factory of NBC in December 2008.
The Managing Director of First Securities Discount House (FSDH) Limited, Mr. Rilwan Belo-Osagie, has declared that a deepening of the country’s bond market would address the issue of the elitist posture of the market and would give retail investors the opportunity to invest and enjoy the numerous benefits associated with investing in bonds.
Deputy Vice Chancellor, Lagos State University (LASU), Professor Ibiyemi Olatunji Bello has said that in the quest of the institution to meet the needs of a mega city it has introduced new courses into the University curriculum.
Unity Bank Plc has announced its plans to raise N24 billion from the Nigerian capital market through a rights issue that is scheduled to commenced within the next couple of weeks.
Access Bank Plc, in furtherance of its commitment to environmental and societal well-being, has donated a refurbished block of class rooms to the pupils and staff of Herbert Macaulay Girls Senior High School, Yaba.
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