The World Bank has lauded the Ondo State government for the implementation of the Urban Development projects and for its compliance with the budget and disbursement forecast of the world body for the year.

A four-storey building under construction in the Adigbe area of Abeokuta, the Ogun State capital collapsed on Sunday with no one working there at that time.

Nigerian businessman Aliko Dangote has denied planning a move to buy a 15.9% stake in Premier League side Arsenal.
Reports claimed he was interested in Lady Nina Bracewell-Smith’s shares, which are available for about £100m.

THE member representing Egor/Ikpoba-Okha Federal Constituency in the House of Representatives, Mr Ifaluyi Isibor, yesterday, received the shock of his life, when angry youths stormed the venue of the foundation stone laying ceremony of a three-classroom block in Ologbo Primary School and destroyed the canopies and chairs meant for the ceremony.

As the national team begins serious training in London ahead of the 2010 World Cup, a former spokesman of the Nigeria Football Association, Austin Mgbolu has advised members of the Nigeria Football Association to stop politicking and rather concentrate on how to make the team succeed at the Mundial.

Governor Adams Oshiomhole of Edo State has urged President Goodluck Jonathan, to appoint a human right activist as the next chairman of the Independent National Electoral Commission, INEC, and not a card carrying member of any political party.

THE Minister of Petroleum Resources, Mrs Diezani Alison_Madueke, has reassured Nigerians of her Ministry’s commitment to ensuring regular electricity supply across the country.

FOLLOWING the recent dismissal of Mallam Shehu Ladan as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation, NNPC, Engineer Austen Olusegun Oniwon has officially taken over as the new GMD and has assured that he would use his wealth of experience to impact on the oil and gas industry in Nigeria even as he charged staff of the national oil and gas company to pay attention to the financial growth and welfare of their families.

CENTRICA global integrated energy company, noted for expertise in gas and power has announced that it remains committed to helping Nigeria actualize its energy development road map.

THE management of efficient distribution and supply across the country.The Group Managing Director of the Corporation, Mallam Shehu Ladan, made this commitment Wednesday when the Deputy Governor of Akwa Ibom State, Engr. Patrick Ekpotu led a delegation on behalf of the State Government to congratulate him at the NNPC Towers Abuja.

THE management of efficient distribution and supply across the country.The Group Managing Director of the Corporation, Mallam Shehu Ladan, made this commitment Wednesday when the Deputy Governor of Akwa Ibom State, Engr. Patrick Ekpotu led a delegation on behalf of the State Government to congratulate him at the NNPC Towers Abuja.

A bearish trend was recorded in the Nigerian capital market, last week, as investors’ holdings on the Nigerian Stock Exchange (NSE) depreciated by N232.11 billion

FORMER Information Minister and South-South leader, Chief Edwin Clark, has been described as an indefatigable leader, who has committed his time and resources to the fight against gross marginalization of the people of the oil rich Niger Delta and for the betterment of the Niger Deltans and Nigerian masses.

Consolidated Breweries Plc has assured its shareholders of improved returns on their investment in the current financial year.

Africa Finance Corporation (AFC) has signed a N3 billion (US$20 million) trade finance agreement with Fidelity Bank Ghana to boost availability of petroleum products in Ghana.