Oil leak: ExxonMobil shuts in production
After almost two weeks of battling oil leak at its Ibeno facility offshore Akwa Ibom State, the Nigerian unit US-based Oil giant, ExxonMobil, is forced to shut down production.
Lagos-Ibadan road: We are ready to meet Bi-Courtney in court – FG
The Federal Government, yesterday, said it was ready to meet Bi-Courtney Consortium whose concession of the Lagos-Ibadan Expressway was terminated on Monday in court if the company resorts to legal action to challenge the termination.
SEC approves Flour Mills, Bagco merger arrangement
The Securities and Exchange Commission, SEC, has given its approval-in-principle to the proposed business combination involving Flour Mills and Nigerian Bag Manufacturing Company Plc (Bagco) and its subsidiaries – Northern Bag Manufacturing Company Limited and Bagco Morpack Nigeria Limited.
Anti-terrorism law: You are ill-informed, Senate tells IGP
THE Senate, yesterday, took a swipe at the Inspector-General of Police, Mr Mohammed Abubakar, stressing that he must have been ill-formed on the position of the anti-terrorism law, just as it said the law already existed in the country.
Local content policy: Dickson blasts oil industry players
Governor Seriake Dickson of Bayelsa State has faulted the implementation of the local content policy of the Federal Government, saying oil producing communities in the Niger Delta were yet to benefit from the policy.
Branded generics make waves at GSK
In a move to help sanitise the African pharmaceutical market currently faced with a proliferation of unwholesome generic medicines, multinational pharmaceutical company, GlaxoSmithKline Pharmaceuticals, (GSK) has launched a range of generics to provide access to safe and quality medicines across the continent.
