Fenog Nigeria Limited set to end illegal  bunkering and facilities’ vandalisation

Fenog Nigeria Limited set to end illegal bunkering and facilities’ vandalisation

Fenog Nigeria Limited a Nigerian indigenous company has installed Jackets Barge that has the capacity to monitor crude flow through pipelines. This development brightens the hopes that the menace of pipeline vandalism and illegal oil bunkering would soon be over and also affords the government the opportunity to implement its local content policy in the country’s oil and gas industry.
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FG committed to  investing in rail  transport, NRC boss

FG committed to investing in rail transport, NRC boss

The Managing Director, Nigerian Railways Corporation (NRC), Mr Adeseyi Sijuwade yesterday expressed Federal Government’s commitments towards investing in the rail transport system in the country to de-congest the highways and guarantee a long life span for roads across the country.

The Nwodos and Ukehe royal fathers

The Nwodos and Ukehe royal fathers

TRADITIONAL rulers and elders of Ukehe community in Enugu North Senatorial District converged in Enugu to show solidarity to the Governor, Sullivan Chime, a man acclaimed by even the opposition as the greatest achieving governor of Enugu State.

Is Nigeria at the risk of  domestic debt crisis?

Is Nigeria at the risk of domestic debt crisis?

A total of $2.335billion was spent by the Federal Government to service both internal and external debt in 2009. This amounted to about 50 per cent drop in the amount used for debt service by Nigeria in the previous year 2008 which amount stood at $4.055 billion. Before the debt relief of 2006, Nigeria spent $8.0429 billion to service debt in 2006 and $10.1072 billion in 2005.

Dangote Group offers discount at Lagos, Kano trade fairs

Dangote Group offers discount at Lagos, Kano trade fairs

As part of strategies to expand market share and reach more customers, companies under the Dangote Group have decided to offer discount in all their goods as they storm the two international trade fairs kicking off this week in both Lagos and Kano.

Redrow warns of further housing slump

Redrow warns of further housing slump

Housing transactions could slump even lower in the UK if the government fails to take action over the contracting mortgage market, warned the chairman of Redrow as sales rose since July due to a shift in product mix.
Redrow is a British housebuilding and general construction company based.

Security: NAHCo intensifies  surveillance on cargoes at airports

Security: NAHCo intensifies surveillance on cargoes at airports

Following the directive given by the federal government Monday that all cargoes be subject to one hundred percent screening at the nation’s airports, Nigerian Aviation Handling Company, NAHCo, has intensified surveillance of goods in its custody.

FHAN calls for stimulus package for finance houses’ *Suplus falls by 45″%

FHAN calls for stimulus package for finance houses’ *Suplus falls by 45″%

Finance Houses Association of Nigeria, FHAN, has called on the Central Bank of Nigeria, CBN, to design and implement a stimulus package for the subsector. Meanwhile, in reflection of the declining fortunes of finance houses, the operating surplus (excess income) Association fell by 45 per cent in the year under review.

Customers always come back because they enjoy our services,  People’s Inn boss

Customers always come back because they enjoy our services, People’s Inn boss

Mr. George Onicha is the Proprietor of People’s Inn, a pepper soup and drinks joint located along Iyana-Ipaja road in Lagos. In a recent chat with Vanguard in Lagos, he spoke on how he ventured into the pepper soup and drinks business and the challenges he encountered at the initial stage. Excerpts:

Africa Re affirms A by Standard & Poor’s

Africa Re affirms A by Standard & Poor’s

Africa Reinsurance Corporation (Africa Re) has been affirmed A_ rating by Standard & Poor’s as a result of its strong competitive position across the continent; strong operating performance based on exceptional stability and strong capitalization.