INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.
It was gathered that of the 20 active rigs offshore, one is a jack-up rig operating in swamp, while the rest are operating in safer shallow and deep water

While hosting the Eagles to a dinner after their 3-0 victory over Kenya Sunday night, Governor Rotimi Amaechi, in congratulating the team, still pointed out how tensed he became at the time Kenya started tormenting the Eagles but simply lacking a goal to show for it. Amaechi said he expected the kind of match he saw the Eagles play against France at Saint Etienne. Eagles won 1-0 and the players tried to display skill during the game.

According to the group “history is replete with dialogue and exchange of correspondences that have been made in the direction of this noble repatriation cause well over ten decades ago by the hospitable people of Edo State to the various arms of government and people of Great Britain to no avail.

By  Michael Eboh & Chinedu Ibeabuchi THERE was reversal of   fortunes in the Nigerian capital market last week, as investors lost N138.3 billion on their investment in the Nigerian Stock Exchange (NSE).

The State Commissioner for Economic Development, Mr. Lawrence Udosen, on behalf of Akwa Ibom State government, commended Total Exploration and Production as one of the state’s member on partnership for sustainable development found to discharge her social corporate responsibility justifiably within its areas of operation.

By Peter Duru MAKURDI—The Benue State House of Assembly has directed the Makurdi Branch Manager of the Central Bank  (CBN) to commence the enforcement of the directives issued to commercial banks across the nation to use armoured personnel carriers to convey cash in order to protect the lives of policemen on transit with such cash.

WARRI—A major crude oil spill from an oil Vessel, J.S. Amazing, Lagos, IMO 7304443, at the NNPC Refinery Jetty, Ijalla, Warri, Delta State, has polluted the main Warri rivers, affecting more than ten surrounding communities.

IN its determined effort to spur the growth of the Nigerian economy , Standard Chartered Bank has indicated interest to partner with the Small and Medium Enterprises (SMEs) to make them vibrant and competitive in the international market.

THOUGH normal operational and administrative activities are still going on both outside and within the respective stations, it is quite clear that all is not well with the men and officers of the nation’s Federal Fire Service.

Hurray! The publishers and editors of www.pointblanknews.com have accepted at last, that they lied in their concoction of a court report in their editorial of June 2, 2009. How many more admissions of malicious errors do the unsuspecting, reading public expect from these offshore hawkers of malicious falsehood?

Pointblanknews.com,the blackmailers’ online publishing company which had been running a most scurrilous smear campaign against the person of Vanguard newspaper publisher, Sam Amuka, his wife, Oyindamola and the Nigerian Police authorities yesterday went overboard, mis-representing the Ikeja Magistrate Court 19, presided over by Magistrate A.Y Omoyele who stood in for Magistrate Badejo Okunsanya.

One of the highlights of the Structural Adjustment Programme (SAP) was the liberalisation of the banking sector which occasioned the emergence of new banks and an upsurge in the number of banks in the country.

By Yemie Adeoye OANDO Gas & Power,    pioneer of natural gas piping and distribution to industrial end- users and a subsidiary of Oando Plc announced that it had received the endorsement of the International Standard Organization (ISO) for its world class operations and service delivery with the award of the prestigious ISO 9001:2000 certification.

THE National Integrated Power Project (NIPP), sites across the country, are at 75 per cent completion stage.

By Luka Binniyat AFTER finishing from   the College of Medicine Ibadan, in 1999, Dr. Kola Ojo decided to go into mining in the year 2000. He pitched his tenth in the city of Jos, Plateau State and started with a mineral called tantalite, and later progressed to mine gemstones.  He invested heavily in gemstones, setting […]