Oil dips as Saudi offers more crude

Oil dips as Saudi offers more crude

Crude oil futures fell onFriday, paring earlier gains after Brent rose to a five-week high of $120 a barrel as Saudi Arabia began offering more oil to Asian refiners. This has eased worries about supplies following an inconclusive OPEC meeting.
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Aitel unveils 2SIM offer

Aitel unveils 2SIM offer

The Airtel 2SIM offer comes with two matching numbers in one single starter pack and gives Airtel customers on the package access to benefits including 1 Kobo per second midnight call rate to SIM partner, 10 Kobo per second call rate to SIM partner. and 120 free monthly SMS. The new product is currently available to pre-paid customers.

Etisalat revs up brand equity, rewards distributors

Etisalat revs up brand equity, rewards distributors

Over 15 cars, including a Toyota landcruiser, were what Etisalat required to increase its brand equity when the telecommunication firm which has hit 6.8 million subscribers level rewarded its trade partners for making the achievement possible.

Developing countries’ growth slide to 6.3 from 2011

Developing countries’ growth slide to 6.3 from 2011

Growth will slow from 7.3 per cent in 2010 to 6.3 per cent between 2011 and 2013, as developing countries including Nigeria reach full capacity according to the World Bank. As a result of the decline in the growth of developing countries, the World Bank advised developing countries to focus on tackling country-specific challenges such as achieving balanced growth through structural reforms.

Aig-Imoukhuede named GBC Co-Chair

Aig-Imoukhuede named GBC Co-Chair

Board of Directors of GBC-Health, an organisation that mobilises business for a healthier world, has elected the Managing Director and Chief Executive Officer of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, the organisation’s co-chairman.

INFLATION: THE QUIET PLAGUE

INFLATION: THE QUIET PLAGUE

Nigerian housewives know too well that sinking feeling when all items on the household shopping list cannot be covered by the regular budget. Our womenfolk have since become past masters (or mistresses) of the rigours of creative adjustment. The options are well defined, either cut down or do without some of the basic items in the food basket or make do with less preferred but cheaper substitutes.

Nigerian woman convicted of human trafficking in USA

Nigerian woman convicted of human trafficking in USA

A Nigerian,Bidemi Bello, 41, has been convicted in the USA by a federal jury on charges of two counts of forced labour, two counts of trafficking for forced labour, one count of document servitude, one count of alien harbouring, and two counts of making false statements in a U.S. citizenship application. The trial lasted one week. Theformer Suwanee […]

It will not be business as usual at the NNPC – GMD

It will not be business as usual at the NNPC – GMD

GROUP MANAGING Director [GMD], Nigerian National Petroleum Corporation [NNPC], Engr. Augustine Oniwon has said that it was not going to be business as usual in the corporation as the corporation has embarked on transformation that would lead to growth of the petroleum industry.

Accolades for Nwankwo Kanu

Accolades for Nwankwo Kanu

Prominent Nigerians and former international heaped praises on former national team captain, Nwankwo Kanu who retired from international football Saturday.

Maritime worker’s family gets N5m compensation

Maritime worker’s family gets N5m compensation

MARITIME Workers of Nigeria, MWUN, has secured a N5million compensation for the family of late Taiwo Olakunle, who died as a result of an industrial accident at Tin Can Island Container Terminal Limited, TICTL on May 31, 2011.

PPA cautions Okorocha on policies

PPA cautions Okorocha on policies

THE National Chairman of Peoples Progressive Alliance, PPA, Chief Sam Nkire, has advised Governor Rochas Okorocha not to be in a hurry to correct the ills of the immediate past administration of Ikedi Ohakim in order to avoid mistakes.

EFCC arrests Bankole’s deputy, Nafada

EFCC arrests Bankole’s deputy, Nafada

The Economic and Financial crimes Commission, EFCC, has Sunday, arrested the former Deputy Speaker of the House of Representatives, Usman Nafada.