We are in hurry to deliver on power, says Sambo

We are in hurry to deliver on power, says Sambo

THE Federal Government yesterday warned consultants and contractors handling different power projects under the National Independent Power Project, NIPP, to quicken their pace of works as the government was in a hurry to power supply to Nigerians in a shortest possible time.
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Diamond Bank boosts financial journalism with N5.5m award 

Diamond Bank boosts financial journalism with N5.5m award 

Diamond Bank has concluded plans to reward journalists who excel in the field of financial reporting. The award aptly tagged Diamond Bank Awards for Excellence in Financial Reporting, is the first to be instituted by any Nigerian Bank for print journalists.

Multiverse promises improved return for investors

Multiverse promises improved return for investors

Multiverse Resources Plc has assured shareholders of a improved returns on their investment in the years ahead.
The company has also concluded plans to launch its new quarry site with a 1.2 million metric tonne per annum capacity in Ogun State, valued at N1.5 billion

Investors lose N172bn on NSE

Investors lose N172bn on NSE

A declining trend was recorded on the Nigerian capital market, last week, as investors lost N172.13 billion of their investments on the Nigerian Stock Exchange (NSE).

Pressure mounts to dilute bank capital plan

Pressure mounts to dilute bank capital plan

Global regulators will dilute a reform that forces banks to hold more reserves to survive shocks without massive taxpayer help again, sources familiar with the negotiations said on Friday.

Nigeria has 500,000 informal miners , Mines Ministry

Nigeria has 500,000 informal miners , Mines Ministry

Nigeria has established that at least 500,000 people are engaged in informal forms of mining, even as the Federal Government has come out with an enticing package from the World Bank to formalise their activities.

GAS: Nipco bags environment friendly award

GAS: Nipco bags environment friendly award

FOLLOWING its effort in ensuring a cleaner environmnet throgh the usage of Compressed Natural Gas (CNG) to power automobiles Nipco Plc, a major player in the nations downstream petroleum sector has recorded a major milestone as it wins an award for promoting environment friendly fuel.

Giant of Africa indeed…

Giant of Africa indeed…

Saturday Ghana did Africa proud by qualifying for the quarter final of the first ever world cup on African soil. Saturday, Africa, nay the world celebrated what was considered a welcome development in a world cup that has so far yielded tears for a continent that pulled out all the stops to guarantee a hitch free hosting.

Holland 2-1 Slovakia

Holland 2-1 Slovakia

Holland Monday, qualified for the quarter final of the 2010 World Cut when they defeated Slovakia in the Round of 16 match at Durban Stadium, Durban.

Gov. Orji  and his traducers (2)

Gov. Orji and his traducers (2)

WAS Nwosu aware that security reports had confirmed that some big politicians from the state, precisely from Ngwa axis, are allegedly behind the plot to discredit Orji’s administration ahead of next year’s election.

Edo PDP tackles Oshiomhole over contract awards

Edo PDP tackles Oshiomhole over contract awards

THE Peoples Democratic Party, PDP, in Edo State, led by Chief Dan Orbih, weekend, accused Governor Adams Oshiomhole of awarding contracts estimated at over N6 billion without due process