Gas flaring: Oil firms pay N1.8bn fines

Gas flaring: Oil firms pay N1.8bn fines

Oil and gas companies operating in Nigeria were fined N1.81 billion in nine months, between January and September 2015, for flouting Federal Government’s directives on gas flaring, a data from the Central Bank of Nigeria, CBN said.
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Iran: South Africa to stop fuel imports from Nigeria

Iran: South Africa to stop fuel imports from Nigeria

ABUJA— Nigeria’s woes in the area of dwindling revenue from crude oil sales is expected to heighten in the next couple of days, as the South African Petroleum Industry Association, SAPIA, yesterday, stated that South Africa would likely stop importing crude oil from Nigeria following the lifting of the sanctions on Iran.

Azura-Edo power gets World Bank support

Azura-Edo power gets World Bank support

The Multilateral Investment Guarantee Agency, MIGA, the political risk insurance and credit enhancement arm of the World Bank Group, has pledged its support for the Azura-Edo Independent Power Producer, IPP.

Power outage: A-Ibom youths shut down gas firm

Power outage: A-Ibom youths shut down gas firm

Crisis was, yesterday, averted at the head office of Seven Energy, a gas firm in Ikot-Abasi Local Government Area of Akwa Ibom State following the intervention of the Nigeria Police, NNS Jubilee and other security agencies who were on ground to maintain peace and order as hundreds of aggrieved youths embarked on protests against perceived deplorable services of the company to the people.

Experts call for more political will towards  healthcare financing

Experts call for more political will towards healthcare financing

Inadequate political commitment has been identified as a major barrier to the attainment of adequate financing of healthcare that has led to poor funding of health in general, and primary healthcare in particular. Making the assertion in Lagos, experts from the health and banking sectors, called for adequate funding of the nation’s health sector for efficient healthcare delivery. In lectures to mark the 70th Anniversary of the National Orthopaedic Hospital, Igbobi- Lagos, they stressed the need for an equitable healthcare financing in the country.

Ford Mustang, my team’s best job – Piaskowski

Ford Mustang, my team’s best job – Piaskowski

Mr. Joel Piaskowski, head of the team that redesigned the all-new Ford Mustang, has described the iconic sports car as the best job by his team so far, having worked in leading automobile companies across continents. The Mustang, which took the motoring world by storm when it was introduced into the market 50 years ago, has metamorphosed into one of the most powerful sport cars in the market at the moment with the creativity of Piaskowski and his team.