THE Executive secretary of the petroleum product price regulating agency (PPPRA), Mr Abiodun Ibikunle has said that N300billion fuel subsidy has been payed to major marketers and the independent marketers since August last year.

PETROLEUM Geo Services (PGS), has stated that it is committed to surpassing the Nigerian content initiative of the federal government and that underscores the reason for its business development initiative which has brought to the fore, the growing importance of its West Africa operations.

TECHNIP has been awarded a lump sum contract by Noble Energy EG Ltd. for the development of the Aseng field, located in Block “I” offshore Equatorial Guinea, at a water depth of approximately 1,000 meters.

ABUJA – The Nigerian National Petroleum Corporation, NNPC and the National Union of Petroleum and Natural Gas Workers have resolved to work together to ensure the smooth passage of the Petroleum Industry Bill currently before the National Assembly in order to impact positively on the Nigerian economy.

The Group Managing Director/Chief Executive, Union Bank of Nigeria Plc, Mrs. Funke Osibodu, has called on auditors/bank inspectors nationwide to embrace risk based auditing as a way of abating the spate of high corporate failures witnessed in the country in recent times.|

INVESTORS’ interest in Federal Government’s bonds heightened last week, as their investment in the Over-the-Counter Bond Market appreciated by 0.82 per cent.

AS part of effort towards enhancing the Nigerian economy, Standard Chartered Bank has announced plans to provide corporate loan to Obajana Cement Plc.

By  Dennis Agbo AWKA—ACTION Congress, AC, gubernatorial Candidate in the Anambra State, February 6 election, Dr. Chris Ngige, at  the weekend, took his three-point manifesto of  public safety and security; infrastructural development; and social services and human resources development to the Ogbaru Shoe Manufacturers Market, and Ogbaru  Main Market, Onitsh. He asked the Onitsha businessmen […]

CONTROVERSY has continued to trail the call by the Federal Government for Nigerians to consider the usage of alternative fuel as a means to solving the lingering fuel scarcity currently rocking the nation and crippling businesses.

By Kenneth Ehigiator The battle line may have been drawn between seven instructors of the Nigerian College of Aviation Technology, NCAT, Zaria, and the Rector, Capt. Adebayo Araba, as the former are now at the Federal High Court, Kaduna, to challenge their compulsory retirement late last year Already, the court has fixed hearing in the […]

By Chioma Obinna In response to Plateau State’s request for humanitarian support, the United Nations Children’s Fund, UNICEF, has donated two truckloads of relief items for victims of Jos crisis, weekend, even as it promised to deliver more supplies in the coming days. According to UNICEF’s partners, there are 42,430 people, many of whom are […]

By   Dennis Agbo ABAKALIKI—The Nigeria Cement Company Plc (Nigercem), Nkalagu, Ebonyi State, has dragged the Ebonyi State Government before a Federal High Court sitting in Enugu, challenging the government’s revocation of its Certificate of Occupancy (C-of-O), lease of Nigercem and the setting up of a Judicial Commission of Inquiry into the operations of of the […]

Al-Qaeda chief Osama bin Laden has claimed responsibility for the botched Christmas Day bombing attempt of a US airliner and vowed further strikes on US targets, in an audio message broadcast Sunday. The statement carried by Al-Jazeera satellite television warned Washington that the attack was meant as a similar message to that of the September […]

The Peoples’ Democratic Party, PDP, is drifting without vision and could endanger the nation’s democracy, Senator Bode Olajumoke (PDP, Ondo North), and member of the party’s board of trustees has cried out.

Senator Daniel Saror was the former Vice-Chancellor of Ahmadu Bello University, Zaria. He represented Benue North East Senatorial district in the Senate and ended up as the Minority Leader of the house before his exit in 2007. In this Interview with Vanguard, he spoke on various national issues ranging from the health of the President, opposition in the country, National Assembly, party system and the constitution review. Excerpts: