Experts advise FG on proceeds from $500m bond

Experts advise FG on proceeds from $500m bond

Some financial experts have advised the Federal Government to use the proceeds from its $500 million sovereign bond judiciously. They gave the advice in separate interviews with the News Agency of Nigeria, NAN, in Lagos on Monday.
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Sahara, Azimuth enter into joint venture

Sahara, Azimuth enter into joint venture

IN an effort to boost its upstream operations Sahara Energy Fields Ltd, a member of the Sahara Group, has announced the signing of a 50/50 joint venture agreement with Azimuth Limited, a private limited company currently registered in Bermuda.
This was disclosed during a media parley with Energy Correspondents in Lagos during the week.

Robbery suspect opens fire at policemen in a bid to escape

Robbery suspect opens fire at policemen in a bid to escape

An amazing drama unfolded itself last Wednesday at Lafenwa Police division in Ogun State, after a robbery suspect suddenly pulled out a pistol from his waist and opened fire, in his bid to avoid arrest. The fearful development, saw most people at the station taking to their heels. Unfortunately, a man was hit by a stray bullet.

Nobody can take PDP ticket from me  –  Chime

Nobody can take PDP ticket from me – Chime

GOVERNOR Sullivan Chime of Enugu state, Monday, laughed off media reports that some PDP stakeholders were pushing to replace him with Engr. Anayo Onwuegbu as the party’s gubernatorial candidate for the 2011 elections describing those behind the move as “dreamers”.

Tension in Kogi over Tuesday guber primary re-run

Tension in Kogi over Tuesday guber primary re-run

PALPABLE tension and fear of the unknown Monday enveloped residents of Lokoja, the Kogi state capital over the decision of the ruling Peoples Democratic Party, PDP, to conduct a fresh re-run of governorship primary in Kogi scheduled to hold Tuesday, January 25, 2011.

3 kidnappers meet their waterloo in Owerri

3 kidnappers meet their waterloo in Owerri

Three dare devil kidnappers, who stormed the Emekuku, Owerri North local council area country home of the Minister of Interior, Capt. Emmanuel Ihenacho, with the intent of kidnapping his elder brother were Monday morning killed by the police.

Oshiomhole didn’t impose candidates – Lawmaker

Oshiomhole didn’t impose candidates – Lawmaker

A member of the Edo state House of Assembly, Mr Ogbeiwi Etin-Osa, Monday, dismissed the allegation from some aspirants of the Action Congress of the Nigeria (ACN), that Governor Adams Oshiomhole imposed candidates on the party during the primaries.

11m SIM cards registered – NCC

11m SIM cards registered – NCC

Lagos, Jan. 24, 2011 (NAN) The Nigerian Communications Commission (NCC) has said that telecommunications operators had registered only 11 million Subscriber Identity Module (SIM) cards out of the 80 million telephone subscribers in the country.

Lagos woos private sector for devt

Lagos woos private sector for devt

Lagos State Govern-ment is set to enact a new law aimed at streamlining the activities of private organisations and individuals in discharging Corporate Social Responsibility, CSR, in the state.