ABUJA – China’s For eign Minister Yang Jiechi held talks with Nigerian officials Friday on oil exports to energy-hungry Beijing.

ABUJA- A non governmental organisation, the African Network for Environment and Economic Justice (ANEEJ) said it has initiated a transparency and accountability project in five states in the Niger Delta.

LIKONDE-1, the first well to be drilled on the Ruvuma PSA in Tanzania, is due to be spudded on 7 January 2010 and drilled to a programmed total depth of 3,200 meters. Drilling time is estimated to be around two months, subject to any operational delays which can occur in a remote frontier area.

AN attack on a crude-oil pipeline operated by U.S. oil giant Chevron Corp. is the latest in a series of political and security setbacks for this embattled West African nation.

UTEC Survey’s Aberdeen facility has been awarded a major contract by Technip to provide survey and positioning services for the Jubilee Field Development, offshore Ghana.

AFREN has successful ly completed the Ebok-6 appraisal well at the Ebok development offshore Nigeria, exceeding pre-drill expectations.

Former Lagos State chairman of the defunct National Association of Microfinance Banks of Nigeria, NAMFBIN, Chief Olutayo Adenekan, has said that the establishment of the Intervention Fund by the State Chapter is to meet the need for short term financial support by microfinance banks, MFBs.

South Africa’s FirstRand Ltd. and Standard Bank Group Ltd. have both registered with the Central Bank of Nigeria, CBN, to investigate buying distressed lenders in the West African country.

PROGRESSIVE Shareholders Association of Nigeria (PSAN) has called on regulators in the Nigerian capital market to improve on surveillance and monitoring of operators’ activities.

INVESTORS’ interest in Federal Government Bonds heightened last week, as they staked N399.49 billion in the Over-the-Counter (OTC) Bond market, representing an improvement of 295.1 per cent from N101.11 billion invested in the sector in the previous week.

AS stakeholders and operators in the downstream sub-sector of the petroleum industry continue to find a lasting solution to the myriads of problem bedeviling the sector, the federal Government has asserted the Petroleum Industry Bill (PIB) currently before the National Assembly is the only panacea to private sector investment to boost the country’s refining capacity.

By  Vincent Ujumadu AWKA—ANAMBRA State Government has set up a committee to look into the demands of the Judiciary Staff Union of Nigeria, JUSUN, whose members have been on strike since last year. State Attorney-General and Commissioner for Justice, Mr. Emmanuel Chukwuma, said in Awka, that members were drawn from the Ministry of Economic Planning […]

By  Enyim Enyim ONITSHA—The Labour Party candidate for Anambra State governorship election fixed for next month, Dr Andy Uba has distributed 21 tractors and 315 motorcycles to the 21 local government areas in the state as part of his commitment to empower the people at the grassroots and urban areas. Uba made the disclosure weekend […]

Lokoja — Hundreds of Kogi State civil servants, yesterday, stormed churches in Lokoja and other towns in the state, to seek God’s intervention in the stand-off between them and the state government over some demands. The prayer session was a follow up to Saturday 16 January special Islamic prayers organised by the leadership of the […]

I HAVE read Mr. Josef Omorotionmwan many times and I can say that he is a writer to be taken seriously. He hardly dwells on personalities, but you see him often attacking societal ills and all those that promote them. He is an angry writer; his anger is directed at vices, betraying his deep-rooted love for the enthronement of a civilized society.