Ford 1.0-Litre EcoBoost wins 8th Engine ‘Oscar’ in 4 Years

Ford 1.0-Litre EcoBoost wins 8th Engine ‘Oscar’ in 4 Years

A tiny petrol engine, which drivers across Europe have taken to their hearts for its excellent fuel efficiency and impressive performance, has received an eighth award in four years at the 2015 International Engine of the Year Awards. For the fourth consecutive year, the Ford 1.0-litre EcoBoost was named “Best Engine Under 1.0-litre.”
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The change must start now

The change must start now

DAYS have turned into weeks since May 29, 2015, when Muhammadu Buhari assumed office as President of Nigeria. But the much promised change is nowhere in sight and seems to have died with the election campaigns. The President’s most ardent supporters and loyalists are already running out of excuses for the apparent inaction that has characterised his government, unless you count foreign trips, which are becoming the hallmark of his presidency.

Subsidy payments can fund new refineries — NEITI

Subsidy payments can fund new refineries — NEITI

According to Short, the time for Nigeria to deepen the process of implementation of NEITI Reports as basis for the proposed reforms in the industry appears to have finally come. She said, “EITI has faith in the new administration in Nigeria. We are ready to work with the new government to reform the oil sector and NEITI independent reports in the sector will help to lead the way. I am in Nigeria to convey our support to President Buhari.”

Non-oil revenue exceeds earnings from crude in April

Non-oil revenue exceeds earnings from crude in April

“At N735.07 billion, estimated federally-collected revenue in April 2015, was lower than the monthly budget estimate by 9.8 per cent. It was, however, higher than the receipt in the preceding month by 35.8 per cent. The decline in estimated federally-collected revenue (gross) relative to the monthly budget estimate was attributable, largely, to the shortfall in receipts from oil revenue during the review month.”

NITP president calls for enforcement of EIA Act

NITP president calls for enforcement of EIA Act

Considering that the EIA Act has been in active enforcement for well over two decades now, the time is apt for its review, especially now that global environmental issues are undergoing paradigm shifts in several cross sectoral areas like population and development, climate change and gender issues,”

Managed healthcare: More Nigerians place hope in HMOs

Managed healthcare: More Nigerians place hope in HMOs

FOLLOWING the 2014 reaccreditation of Health Maintenance, HMOs, operating in Nigeria, by the National Health Insurance Scheme, NHIS, more Nigerians have expressed greater confidence in the overall potential benefits of signing up for a health insurance plan in the country.

N250,000 theft: Soldier blames  devil, wife’s hospital bill

N250,000 theft: Soldier blames devil, wife’s hospital bill

The soldier attached to the 14 Brigade, Ohafia, Abia State, Lance Corporal Itugbu Augustine Omorodion, who was arrested last Friday for robbing 21-year-old Ebuka of N250,000 in Aba, has blamed the devil and lack of money for his action.

Bracing up for tariff increase

Bracing up for tariff increase

IT has been a pleasant week of nonstop electricity supply. I cannot remember when I last enjoyed uninterrupted power supply for two straight days. Suddenly, the supply has kept coming for one straight week and it has not stopped. I remember the days I use to go to bed with a book in my hands and wake up to find the book on my chest, with the lights still on. How I crave for those good old days.

NASS POLLS: ‘The era of godfatherism is over’

NASS POLLS: ‘The era of godfatherism is over’

Mr. Oladele Bankole Balogun contested the House of Representatives election for Akoko-Edo Federal Constituency on the platform of the Peoples Democratic Party (PDP) but lost to incumbent member, Mr. Peter Akpatason. In this interview, he spoke on the election and other burning national issues

CIS sensitises Armed Forces on capital market activities

CIS sensitises Armed Forces on capital market activities

The Chartered Institute of Stockbrokers, CIS has taken its sensitisation programme to members of the Nigerian Armed Forces on Nigerian capital market activities. The team was led by the Head, Research & Technical Mr. Arinze Nwobu. In his statement, HRT mentioned that CIS is the only professional body responsible for training and regulating practice and conduct of stockbroking in Nigeria.

Bringing the refineries back to life

Bringing the refineries back to life

“Our domestic refineries must be made to work. Appropriate incentives need to be worked out to attract new investment in refining. While domestic refining by itself is not sufficient to guarantee product price stability, there are clear gains to be derived from domestic refining as opposed to imports,”