Shell’s 3Q profits  plunge from  year-ago levels

Shell’s 3Q profits plunge from year-ago levels

ï‚· Royal Dutch Shell's third quarter 2009 earnings, on a current cost of supplies (CCS) basis, were $3.0 billion compared to $10.9 billion a year ago. Basic CCS earnings per share decreased by 72% versus the same quarter a year ago.
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Appeal tribunal confirms Mikang council boss removal

Appeal tribunal confirms Mikang council boss removal

By Taye Obateru Jos — The Plateau State Local Government Elections Appeal Tribunal has confirmed the removal of the Chairman of Mikang Local Government Area, Mr. Innocent Tisel as the valid candidate of the Peoples Democratic Party (PDP) for last year’s council election. The appellate tribunal, headed by Justice Yargata Nimpar has, therefore, ordered Mr. […]

Retrenchment Tsunami: Banks sack over 1,000 in two weeks

Retrenchment Tsunami: Banks sack over 1,000 in two weeks

The banking industry is experiencing an unprecedented wave of staff retrenchment with over 1,000 bank workers losing their jobs within two weeks. The leadership of organised labour in the banking industry has, however, called on the Central Bank of Nigeria (CBN) to call the banks to order otherwise it will be forced to take on the banks.

I didn’t say Obasanjo squandered N15bn….Minister

I didn’t say Obasanjo squandered N15bn….Minister

By Henry Umoru ABUJA—Minister of State for Commerce and Industry, Mr. Humphrey Abah has denied reports credited to him that the administration of erstwhile President Olusegun Obasanjo wasted N15 billion. Mr. Abah, who disowned the reports while addressing newsmen in Abuja, wondered why he could be so misquoted at a meeting held under a closed […]

Deregulation: CNPP vows to join strike

Deregulation: CNPP vows to join strike

…accuses FG of encouraging corruption By Chris Ochayi ABUJA—The Conference of Nigeria Political Parties (CNPP) has joined the organised labour, trade unions and the civil society groups in rejecting the proposed deregulation of the downstream oil sector, vowing to participate in the full blown national strike to be embarked upon by the labour movement should […]

Abia forecloses creation of  autonomous communities

Abia forecloses creation of autonomous communities

By Anayo Okoli Umuahia—ABIA State Government says  it still stand by its policy of not creating  new autonomous communities in the state. The Commissioner for Local Government and Chieftaincy Affairs,  Chief Johnny Ukpabi, who restated government’s position, however, disclosed that government is compiling a list of communities that lost their traditional rulers through death or […]