THE Nigerian National Petroleum Corporation (NNPC) and the Russian Energy giant, Gazprom have signed a Memorandum of Understanding (MOU) to establish an all encompassing joint venture coampany called ‘NiGaz Energy Company Limited’ in pursuit of plans to monetise the country’s huge gas reserves.

IN all the cases we have examined or mentioned there seemed to be a necessity to protest or act, at least in the hearts of the protesters and actors. The Irish Republican Army felt there was need to deploy arms and abduct civilians to harry off the British Imperialist from Irish lands. Al Fattah and Hamas deploying different levels of violence, all fought to achieve one central goal: the independence of Palestine and the liberation of all Palestinian land from occupation and the occupying Israelis.

THE Federal Government has announced a loss of about 1,101,488 barrels of oil per day (bopd) during the first quarter of 2009 alone mainly due to the crises in the oil rich Niger-Delta region.

FOLLOWING the launch of its gas-powered vehicle in Nigeria, Nipco Plc, one of the major players in the downstream sector of the oil and gas industry has called out to the Federal Government to encourage importation of kits by giving concessions and other benefits to cars running on liquefied petroleum gas, LPG.

ABUJA – THE Independent Petroleum Marketers of Nigeria (IPMAN) has said it plans to build a refinery in the country to reduce the challenges associated with importation of fuel and other petroleum products, a situation which it said has cost the nation millions of dollars in oil revenue.

DESPITE President Umaru Musa Yar’Adua’s offer of amnesty to militants, Movement for the Emancipation of the Niger- Delta at the weekend said it had blown up a wellhead in a Shell oil field in Delta State, citing provocation from the Joint Task Force (JTF).

Investors’ woes were heightened last week, as the value of their investments on the Nigerian Stock Exchange (NSE) dipped by N706.21 billion.

The Afribank Group, comprising of Afribank Nigeria Plc and nine specialized subsidiaries, has opened a mega complex in Lekki Phase One, Lagos, where the services of members of the Group could be accessed under one roof.The complex, which is fitted with modern facilities, offers convenience, easy accessibility and one-stop financial services to different clientele.

Standard Chartered Bank Nigeria Limited has launched the Diva Club – a networking platform for women under the umbrella of the bank’s innovative women’s product Diva Club Account.

NEXTZON Business Serv ices Limited, one of the Nigeria’s leading enterprise building firm is breaking new grounds in forging cross border trade alliances as it recently facilitated the visit of a Brazilian Trade Mission to Nigeria.