Abia PDP members kick against Kalu’s readmission
UMUAHIA—MEMBERS of Peoples Democratic Party, PDP, from the 17 local government areas of Abia State, weekend, stormed the Government House, to protests the re-admission of the former governor of the state, Chief Orji Uzor Kalu, into the party, saying they did not want him back.
Swansea lifts English League Cup
Swansea City comfortably defeated fourth-tier underdogs Bradford City 5-0 in the English League Cup final at Wembley Stadium on Sunday to claim their first major title.
PIB: What is good for Nigeria is good for Kano – Senator Abe
Senator Magnus Abe, lawyer, politician Rivers South East in the Senate on the platform of the Peoples Democratic Party, PDP and he is presently the Chairman, Committee on Petroleum (Downstream)
ID cards will boost economic activities between Nigeria, Benin – Ambassador
Amb. Lawrence Obisakin, Nigeria Ambassador to the Republic of Benin, said that a new identification card would soon be issued to prospective investors in order to boost economic activities between the neighbouring ECOWAS countries.
S.Africa to name and shame corrupt officials
South Africa will name public service officials convicted of corruption, a cabinet minister said Sunday, amid criticism authorities are too soft on graft.
Nigerian engineers okay big steel pipes
More prospective architects and steel structural engineers in Nigeria have adopted welded steel pipes for its cost saving benefits in construction projects in the country. The Managing Director of Nigeria Gas and Steel Ltd (NGSL), Hasib Moukarim revealed this in a press statement made available to news men in Lagos.
WIBP to generate 100,000 jobs by 2020
By the year 2020 the Warri Industrial Business Park (WIBP) would have generated about a hundred thousand jobs in the country, especially in Delta State.
EIU forecasts 6.5% GDP in 2013, to average above 7% by 2014
There is a strong indication that the country’s Real GDP growth is to drop to 6.5 percent from a seven percent maintained over the years.
Business Council For Africa tasks investors on genuine deals in Nigeria
Vice Chairman of UK’s Business Council For Africa Mr Clive Carpenter weekend in London urged investors to engage in genuine deals, and shun corruption while doing business in Nigeria. Carpenter, who stated this at the 2nd NTA Business Investment Forum and Exhibition, said it was possible to do good business without bribery and corruption in Nigeria.
US proposes $16bn settlement with BP over Gulf spill
The United States, US, is proposing a $16 billion settlement to British Petroleum, BP, over the 2010 oil in the Gulf of Mexico.
According to reports, the settlement would cover fines BP owes under the Clean Water Act, a federal water pollution law, as well as payments under the Natural Resources Damage Assessment, an environmental evaluation.
China increases prices of petroleum products
China has announced an increase, effectively Monday, in prices of petroleum products in the country. The increase, the first since September, is amid gains in oil benchmarks since the start of the year.
