Investors’ worries heighten as companies post unimpressive result

Investors’ worries heighten as companies post unimpressive result

UNTIL relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola. That’s changing rapidly after a significant find off the Atlantic coast of Sierra Leone, where both Anadarko Petroleum and U.K.-based Tullow have exploration licenses, and another strike in Uganda, where Tullow operates. Their stocks have jumped sharply […]
Visible Articles 5 10 15
FOI bill : NGO flays lawmakers

FOI bill : NGO flays lawmakers

By Ise-Oluwa Ige ABUJA—A non-governmental organisation operating under the aegis of The Right to Know (R2K) Movement has described as worrying the surreptitious attempts by some members of the National Assembly to kill the Freedom of Information Bill. The organisation wants Nigerians to demand from the lawmakers what they intended to gain by frustrating the […]

N7bn boost for safer airspace

N7bn boost for safer airspace

By Kenneth Ehigiator LAGOS—The Federal Government has injected over N7 billion for the provision of facilities for effective delivery of air navigation services by Nigerian Airspace Management Agency (NAMA), as part of measures to make the nation’s airspace safer. Among projects already approved by the Federal Executive Council (FEC) are the Total VHF Radio coverage […]

Visa scam: Police arrest four for impersonation

Visa scam: Police arrest four for impersonation

By Kenneth Ehigiator ABUJA—The police in Abuja has arrested four persons (names withheld) who attempted to use names of the Federal Airports Authority of Nigeria (FAAN) to obtain French visa. Presenting themselves as meteorologists in the employ of FAAN, the suspects were picked up at the French Embassy after they tendered documents with fake FAAN’s […]

FG pledges to upgrade Lagos-Benin road

FG pledges to upgrade Lagos-Benin road

By  Jude Njoku AKURE—The Works    and Housing Minister, Dr. Hassan Lawal, weekend, promised that the Federal Government will accord the reconstruction of the Lagos-Benin Expressway top priority. The minister said this while inspection rehabilitation work on the road at Ore, Ondo State. Lawal, who was accompanied by the Governor Olusegun Mimiko, was overwhelmed by the […]

Private networks’ll bring in investors….NBC

Private networks’ll bring in investors….NBC

By Laide Akinboade ABUJA—Director-General, National Broadcasting Commission (NBC), Mr. Yomi Bolarinwa, has said that introduction of private networks in Nigeria will attract private investors to the country. Bolarinwa made this assertion at the weekend during the opening bids for one radio and one television network license for Nigeria. The new networks will ensure healthy competition […]

Senate c’ttee challenges govt on deregulation

Senate c’ttee challenges govt on deregulation

By Emmanuel Aziken Abuja—The Senate Committee on Downstream Petroleum has tasked the Federal Government to take decisive action on the deregulation of the downstream sector of the  industry. The committee chairman, Senator Emmanuel Paulker, also flayed the hoarding of petroleum products by marketers. “The Federal Government that said November 1, has come up to say […]

ECOWAS security ministers call for check on corrupt practices at borders

ECOWAS security ministers call for check on corrupt practices at borders

By Kingsley Omonobi ABUJA—Ministers of security of  ECOWAS  states, at the weekend, urged governments of member states to tackle corrupt practices involving security operatives at the border crossings and international highways stressing that such nefarious acts are the main impediments to free movements of persons and goods. In a communiqué issued at the end of […]

INEC explains staff deployment

INEC explains staff deployment

By Emma Ovuakporie ABUJA—THE  Independent National Electoral Commission (INEC) yesterday said the ongoing deployment of its personnel across the country is to expose them to various operational areas to ensure versatility and effectiveness in the discharge of their responsibilities. The commission stated that the exercise is neither a purge nor action against any of its […]

Abia denies rift between Kalu and Orji

Abia denies rift between Kalu and Orji

By Anayo Okoli Umuahia—ABIA State government has said there was no truth in the speculations that there is a rift between Governor Theodore Orji and the immediate past governor of the state, Chief Orji Kalu, insisting that the relationship between the two was very cordial. The government was reacting to a publication in one of […]

A day with the braggart

A day with the braggart

People were sweating profusely with some growing restless in this Agege-bound bus this hot and humid Lagos evening. Traffic was moving at a snail speed with various vehicles emitting dangerous smoke and horns hooting, all these intensifying the heat and the discomfort of road users.

Saraki stresses importance of media to Africa’s devt

Saraki stresses importance of media to Africa’s devt

By Ndahi Marama Ilorin —  Governor Bukola Saraki of Kwara State has observed that if the continent of Africa must grow out of its debilitating problems, the media has a great role to play in changing the negative image of Africa. Saraki made the observation in Lagos, weekend, while speaking at the Second African Media […]

Bauchi NAWOJ embarks on sanitation exercise

Bauchi NAWOJ embarks on sanitation exercise

By Patience Ogbodo BAUCHI — THE Nigerian Association of Women Journalists  (NAWOJ) Bauchi State chapter has embarked on sanitation exercise as part of effort to ensure clean environment in the state. The sanitation exercise which commenced as early as 7.30 a.m. yesterday lasted for five hours and the exercise was carried out at Wunti and […]

Death row returnees send SOS to Yar’Adua

Death row returnees send SOS to Yar’Adua

OVER 1,000 Nigerians on death row in Libya prisons who were recently repatriated, following the intervention of a Nigeria-based civil society group, Socio-Economic Rights and Accountability Project (SERAP), have sent a Save Our Soul (SOS) message to President Umaru Yar’Adua.

Apologise to Anenih, group tells Oshiomhole

Apologise to Anenih, group tells Oshiomhole

A socio-cultural group in Edo State, Association for a Greater Edo State, weekend urged Governor Adams Oshiomhole to tender an unreserved apology to the former Chairman of the Peoples Democratic Party (PDP) Board of Trustees, Chief Tony Anenih, over what it described as alleged personal attack on him.