Niger govt urges proper fund utilization at IBB Varsity
Bearish trend persists, share value dips by N108bn
Bail-outs send US deficit over $1trn
Fitch rates Oceanic Bank ‘B’ with ‘stable outlook’
Up goes the prices of tyres
NB unfolds new corporate social responsibility project
JTF threatens ceasefire – MEND
N750 million cargo scanner idle in Calabar port
Biu blames state govts over delay in dry ports operation

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IFC Loan Supports Offshore Oil Development to Foster Economic Growth in Ghana
IFC, a member of the World Bank Group, on Monday signed a loan agreement for $100 million with Kosmos Energy, one of the key partners developing Ghana’s Jubilee field, an offshore oil and gas project that will help diversify Ghana’s economy and meet domestic power demand.
Truck operators cry over alleged extortions by LAPARMU operatives
Truck operators in the maritime sector, have again cried out to the federal government to check the excesses of the Lagos Ports Access Roads Monitoring Unit (LAPARMU), alleging their extortionary tendencies would wind the economy if allowed to continue.
Vision 2020: Nigeria must be knowledge driven, Usman
THE Minister/Deputy Chairman, National Planning Commission (NPC), Dr. Shamsuddeeen Usman has said that if Nigeria must achieve the set target of becoming one of the twenty world largest economies, there was the need for the country to be knowledge driven.
Cleric tasks FG on N/Delta devt
BY JIMITOTA ONOYUME PORT HARCOURT – THE Federal government has again been urged to take practical steps towards addressing challenges of underdevelopment and poverty in the Niger delta as failure to do so could further deepen conflicts and crisis situations being witnessed in the region. Lamenting the high rate of poverty among people of the […]
ASUU demands are legitimate, says Prof. Nebo, ex-UNN VC
Nebo said that ASUU like every other person is aware that the Federal government spend money on other things that are of less interest than education but that each time lecturers embark on strike, the innocent students would be at the receiving end.
Oil wells : Amaechi accuses RMAFC, NBC of dividing S/South
BY JIMITOTA ONOYUME PORT HARCOURT - REVENUE Mobilisation, Allocation and Fiscal Commission (RMAFC) and the National Boundary Commission (NBC) have been accused of attempt to divide the South South with its decision to cede some oil wells indiscriminately in some of the states. Governor Rotimi Amaechi who spoke in Port Harcourt when a team from […]
Five petroleum vandals burnt to death
FIVE petroleum vandals who had successfully scooped fuel into a tanker were reportedly burnt to death when their trailer got stuck in the mud during a heavy downpour at Orile-Awo town on Oyo/Ogbomoso road.
Govt begins recovery of weapons from militants
WITH the release of the leader of the Movement for the Emancipation of the Niger-Delta (MEND), Mr. Henry Okah, the Presidential Panel on Amnesty and Disarmament of Militants in the Niger-Delta, Tuesday declared that its next assignment now is to begin the recovery of weapons from militants across the troubled region.
Uniform duty rates for vehicle imports
THE Nigeria Customs Service (NCS) has introduced a uniform import duty rate on imported vehicles based on ex-factory price in all its commands, a development that eliminates the indiscriminate imposition of duties.
MEND declares 60-day ceasefire
By Emma Amaize WARRI – MOVEMENT for the Emancipation of the NIger-Delta (MEND) declared a temporary ceasefire for a 60-day period beginning from 00.000 hours on Wednesday, July 15, following the release of Henry Okah. Its spokesman, Jomo Gbomo in an online statement announcing the ceasefire said, “Effective, 0000 Hrs, Wednesday, July 15, 2009, the […]

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