Navy arrests two Beninoise, three others over pipeline vandalism
Two Benin Republic nationals and three others have been arrested by operatives of Beecroft of the Nigerian Navy over alleged vandalism in Lagos.
PIB’s Fiscal Regime: A Moment of Truthfulness
I’m starting to have this sinking feeling that meaningful opportunities are slipping away from the Petroleum Industry Bill’s (PIB) debate – particularly its fiscal regime. Stakeholders are threading the 2009 PIB path of self-destruct. Although, the global debate regarding oil and gas fiscal regime is not new and will continue for ages, one wonders the motive behind the IOC’s recent chutzpah of debagging the PIB on the pages of Newspapers instead of a constructive discourse.
Gunmen kill 7, injure 4 in Kaduna
No fewer than seven persons have been reportedly killed in an attack on Adu village in Atakad Chiefdom, Kaura Local Government Area of Kaduna State by about 20 gunmen, yesterday.
UBA restructures, makes mgt appointments
United Bank for Africa,UBA, Plc, yesterday, announced a major restructuring that will enable it actualise its corporate vision of a true Pan-African bank.
Nigerian oil industry lacks transparency, good governance – AfDB
The Nigerian oil and gas industry lacks transparency, accountability and good governance, according to a report by the African Development Bank, AfDB.
Development partners critical to power sector reform, says Nebo
The Minister of Power, Professor Chinedu Nebo has said that the contributions of donor agencies and development partners are critical to the ongoing reforms in the power sector.
