According to the World Bank’s Country Director, Dr. Onno Ruhl, who signed the loan agreement with the Federal Government on behalf of the bank, in Abuja, yesterday, fighting malaria was being given priority owing to its high death rate among children.

STAKEHOLDERS in the Nigerian capital market have pledged their readiness to partner with the Securities and Exchange Commission (SEC), on the successful implementation of the accepted recommendations of the Dotun Sulaiman National Committee on the Review of Capital Market Structure and Processes.

DESPITE the global financial meltdown that isis currently affecting several global business interests, African Petroleum Plc a leading company in the Nigerian oil and gas industry has sustained its return to greater profitability.

According to the governor, the new bill “takes away the total royalty of the people of the Niger Delta without recourse to the environmental hazards suffered by the people, such intention does not, in anyway, represent justice, but impunity”.

A venture capitalist and investment management advisor, Alitheia Goodwell Microfinance Bank, a subsidiary of Alitheia Capital, in order to improve the performance of Nigerian microfinance institutions, MFIs, is advocating for the importation of technical capacity so as to make the sector more appealing and also attract increased foreign donor grants.

The Group Managing Director of Oceanic Bank International Plc, Dr. Cecilia Ibru has called for the adoption of a public-private partnership model in fighting diseases and improving healthcare delivery across the country.

OPEC’S annual revenues from oil and gas sales topped $1 trillion last year for the first time, according to figures published yesterday by the cartel.

TRADE Union Congress of Nigeria (TUC), has expressed happiness over the progress of the Petroleum Industry Bill in the senate, saying that with the second reading of the Bill there is hope that Petroleum Industry Bill and the passage Gas Flaring Prohibition Act would be passed before the end of 2009.

Religious leaders in Lagos rose stoutly against the planned imposition of taxes on donations made to religious bodies, describing it as unconstitutional and counter productive.

SUDAN would increase its crude oil output by 400,000 barrels a day within three to four years thanks to improved oil-extraction technique, said Sudan’s state oil firm (Sudapet) today.