Power: Nigerians enjoy 14 watts of electricity per person annually, Owelle

Dr. Patrick Owelle, a solar photovoltaic researcher and chief executive officer of PSC Industries Limited has called on the Federal Government to integrate renewable energy into the national energy mix if the power problem in Nigeria must be overcome. He stated this in a chat with Vanguard in Lagos recently. Dr.
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Stakeholders fine-tunes strategies on monitoring of gas facilities

Following incessant sabotage of oil and gas facilities in the country and its attendant socio-economic effect, stakeholders in the industry have concluded plans and strategies to increase monitoring of gas facilities across the length and breadth of the country.

CSOs urge FG to probe IBB over missing $12.4bn oil revenue

AT least, 10 civil society organisations have vowed to drag the Federal Government to court if it fails to probe the former President Ibrahim Babangida’s involvement in the missing $12.4 billion oil revenue accrued to the government during the Gulf war

Ghana’s first FPSO to set sail

GHANA’s First Floating Production Storage and Offloading (FPSO) vessel FPSO Kwame Nkrumah MV21, successfully converted by Sembcorp Marine’s subsidiary Jurong Shipyard for MODEC, is on track for its landmark assignment offshore Ghana’s Jubilee Field following its official naming.

ACCION, Ecobank to broaden financial inclusion in Central Africa

EB-ACCION Microfi-nance, a new microfinance institution formed through a partnership between ACCION Interna-tional, a pioneer and leader in microfinance, and Ecobank, a leading independent pan-African banking group in Africa, has opened the doors of its first two branches in Douala, at the Mboppi and Congo markets.

Market growth: SEC flays NSE’s trading platform

The Securities and Exchange Commission has faulted the trading platform of the Nigerian Stock Exchange (NSE), declaring that it is incapable of meeting current challenges of a dynamic and growing capital market.

Fidelity Bank appoints two new independent directors

In line with international best practices and in a bid to position for the next level of her business, Fidelity Bank Plc has announced the appointment of two new independent directors to its Board — Mr. Stanley Lawson and Alhaji Bashari Mohammed Gumel.

Share value soars by N51bn

The value of listed equities on the Nigerian Stock Exchange (NSE) appreciated further, Monday, by N51.04 billion.
In particular, equities’ value, represented by the market capitalisation and the All share index both rose by 0.77 percent.

Expert tasks FG on regulatory body for freight forwarding industry

An Expert in the transport and maritime industry has called on the Federal Government to set up an agency to regulate the activities of freight forwarders in the country.Speaking at a forum in Lagos, Chairman/Chief Executive Officer, Fortune Global Shipping and Logistics Limited, Mr Eric Opah stated that the freight forwarding industry should also be seen as a profession and pratitoners in the sector as professional just like the Banking, and other sectors of the economy.

Fashola opposes planned 100% hike in VAT

Governor Babatunde Fashola of Lagos State has vowed to contest the Federal Government proposed 100 per cent increase in Value Added Tax ,VAT and the tax policy if it went ahead to implement them.

Identity crisis: Who really are Nigerians?

Way back in 2001, a small group of ICT experts paid a visit to the former president of Nigeria, Chief Olusegun Obasanjo in Aso Rock and right inside his cozy office, a little poser was presented to him to prove if he was a true Nigerian.

GSM handset repairers dominate market corners

Efforts to engage Nigerian youths in both software and hardware incubation for job creation and globally competitive manpower appears to be yielding the expected results as over 200 Nigerian entrepreneurs engage in GSM handsets repairing at both Computer Village, GSM Village and the Tinubu Computer market, Vanguard CyberLIFE findings can reveal.

Jonathan to deliver opening address at eNigeria conference

PRESIDENT Goodluck Ebele Jonathan is expected to deliver the openinng address at The eNigeria 2010 Conference next Tuesday at an event wher no less than 500 participants from both private and public sectors at the three ties of government in Nigeria and the international community are expected.

Resident cry out over dangers of poor e-waste disposal

Cyberlife has picked up some frantic cries from local residents living along the Ijesha- Omilani route just close to the Apapa-Oshodi expressway. They have alleged that poorly disposed e-waste of some of the computer spare-parts dealers operating along the same route is becoming a threat to the lives of their children.

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