CAMAC targets listing on NYSE
Abiola Lawal, Senior Vice President and Chief Strategy Officer for the CAMAC Group and Allied Energy PLC comes across as a seasoned professional who would rather allow his activities or that of his organisation speak for itself, and as such not freely given to publicity. But Sweetcrude got an opportunity to speak with him in the wake of speculations that the Oyo field might have been sold just few weeks after celebrating first oil.
Ondo: PDP faults LP over political rallies
…asks govt to face governance By Dayo Johnson AKURE—THE opposition Party in Ondo State, Peoples Democratic Party, PDP, weekend, took on the Labour Party, LP, led government over the series of rallies organised to receive some members of the party that decamped to the ruling party in the state. A statement by the party in […]
Businessman petitions EFCC over alleged fraud
By Evelyn Usman A Nigerian businessman based in America has petitioned the Economic and Financial Crimes Commission, EFCC, over an alleged attempt by an Osun high chief and relation to former governor of Oyo state, (names withheld) to defraud him to the tune of N17 million. The businessman identified as Frank Oyenuga, in the petition, […]
2011: AC begins campaign, flays PDP
By Ola Ajayi IBADAN—Action Congress, AC, in Oyo State has begun aggressive campaign so as to compete favourably with its main opponent, the Peoples Democratic Party, PDP, in the 2011 elections. While speaking to the party faithful at the campaign, former governor and leader of the party, Alhaji Lam Adesina expressed delight at the calibre […]
Easter: Mimiko urges Nigerians to re-dedicate their lives to God
GOVERNOR Olusegun Mimiko of Ondo State has called on Nigerians to re-dedicate their lives to the service of God and humanity.
2011: No vacancy in Asaba Govt House, says DTHA Whip
CHIEF Whip of Delta State House of Assembly, Tim Owhefere, has said there is no vacancy at Asaba Government House come 2011, as Governor Emmanuel Uduaghan would remain in office.
I’ve not left PDP, by Nnamani
By Emmanuel Aziken Abuja— Erstwhile Governor of Enugu State, Senator Chimaroke Nnamani has described as pure mischief insinuations that his Ebeano political group has left the Peoples Democratic Party, PDP. Responding to media claims of the imminent exit of the Ebeano political group from the PDP to the Progressive Peoples Alliance PPA, Senator Nnamani in […]
Unraveling the mystery
Hi readers! As soon as Seb left with Peace, the gals crowded round me; wanting to know the contents of my conversation with him. Like me, they too had been surprised to see him back in the room so soon after he was called out to meet Belinda at my gates.
MWUN raises alarm over vessel discharging midstream
MARITIME Workers Union of Nigeria, MWUN, has called on the Federal Government and the Management of Nigerian Ports Authority, NPA, to probe into why Invanood Shipping Company has refused to allow dockworkers into MV Stx Rose vessel that has been discharging midstream for five days and being guarded by some naval personnel.
Nigeria may collapse unless politics is about service, says Prof Utomi
Prof. Pat Utomi remains one of the best cerebral minds to emerge from this part of the world and his contributions to public discourse are always illuminating as can be seen in this interview with the Vanguard newspaper on issues ranging from Niger Delta crisis to power struggle in the presidency and poverty in Nigeria. Excerpts:
CBN returns N951m to banks as deposits shrink by N95bn
By Babajide Komolafe LAGOS—THE banking industry on the whole suffered a total of N95 billion declines in deposit in March alone prompting the Central Bank of Nigeria, CBN, to return N951 million cash reserve requirement, CRR, credit to banks last week. This contrasts with the N130 billion increase in deposit and N1.3 billion CRR debit […]
