Oil reforms: Downstream operators clamour for increased funding

Oil reforms: Downstream operators clamour for increased funding

FOLLOWING the move by the federal government to reform the oil and gas industry, operators and stakeholders in the downstream sector have called for an increased funding of the sector in order to increase the nation’s aggregate output.
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Enugu to fast track devt of rural communities

Enugu to fast track devt of rural communities

Enugu – OFFICIALS of Enugu State Government and the 17 Local Government Areas in the state rose from a three-day retreat in Enugu at the weekend, with a resolve to jointly embark on the provision of basic infrastructures in the 471 communities in order to improve the living conditions of the rural dwellers.

Investors float $200m refinery in Edo

Investors float $200m refinery in Edo

A MODULAR refinery that is expected to process over 18,000 barrels of refined petroleum products per day is to be sited in Ologbo in Ikpoba/Okha local government area of Edo State by a group of American investors and their Nigerian counterparts.

Gunmen kill FUTO student, job seeker in Port Harcourt

Gunmen kill FUTO student, job seeker in Port Harcourt

A final year student of the Federal University of Technology, Owerri, and a job seeker were allegedly killed by unknown gunmen in the deceased father’s office in Port Harcourt at the weekend.

CBN mute over Ibru’s suit, lawyers caution CBN, EFCC

CBN mute over Ibru’s suit, lawyers caution CBN, EFCC

By Ise-Oluwa Ige ABUJA– The Central Bank of Nigeria, CBN last night, kept sealed lips over the suit filed by former Managing Director of Oceanic Bank, Mrs Cecilia Ibru who at the weekend dragged the CBN and its governor, Mr Sanusi Lamido Sanusi, before a Federal High Court in Abuja over her removal from office. […]

EFCC declares Ibru, Akingbola wanted

EFCC declares Ibru, Akingbola wanted

Abuja-The furore that followed the sack of Boards and Chief Executive Officers, CEOs, of five banks and subsequent release of highly controversial list of bad debtors of the banks by the Central Bank of Nigeria, CBN, took a new turn at the weekend,…