Oil and Gas executives set roadmap at West Africa Energy Assembly

The 2nd annual West Africa Energy Assembly, organized by the Oil and Gas Council, the World's largest business network of oil and gas executives', attracted key players in West Africa's oil industry, as well as from other countries across Africa.
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IYC to Shell: Relocate HQ to Lagos, vacate oilfields in N-Delta

Ijaw youths yesterday warned that Anglo-Dutch oil giant, Shell Petroleum Development Company SPDC, should be ready to move out from its multi-billion dollars EA and Bonga offshore oilfields in the Niger Delta if the company insisted on moving its corporate headquarters from Port Harcourt to Lagos in the South West.

Are advocates of further devaluation economic terrorists?

The increasing gap between official and parallel market naira exchange rates has lately propelled a fresh call from corporate financial establishments and diverse speculators (both local and foreign) for CBN to unhinge naira from the purported present ‘flexible’ peg of N305=$1, despite the horrendous social and economic deprivations which such a humble exchange rate has already precipitated nationwide.

Nigeria not ready for investment of pension assets in infrastructure – CEO, AIICO Pension

There is no over regulation. The regulation is very well in place. We are set to acquire investment that can make societal impact such as in infrastructure. However the environment is not ready. Contractual and regulatory environment does not seem ready because you need to have everybody speaking the same language because infrastructural investment takes time and a lot of planning.

TURKISH SCHOOL: 20-yr-old kidnappers’ nurse, informant nabbed

Two suspects, including a 20-year-old nurse, Felicia Weinoh, who specialized in treating victims and members of the kidnap gang who abducted eight schoolgirls and staff at the Nigeria Turkish International College, NTIC in Isheri North Area of Ogun State have been arrested by the police.

Lumen Christi Catholic TV now on DSTV platform

Africa’s foremost Catholic Television Network, Lumen Christi TV that started operation in Nigeria about 2 years ago under MyTV cable platform has hit a milestone with an impressive appearance on DSTV cable network.

Security agencies trade blames over Vampire’s escape

Security agencies are trading blames over last Friday’s escape of one of the most dreaded criminals in the country, Chibueze Henry a.k.a Vampire, at the premises of an Owerri High Court in Imo State.

Customers complain over blackout in branches, failure of mobile money services

By Babajide Komolafe THE last thing any bank customer expects in this age is a bank branch operating in darkness. That was the experience of a bank customer as reflected in one of the complaints below. Some of the complaints also show that some banks are yet to perfect the mobile money applications and money […]

Why the capital market will remain depressed in 2017

LAST year, the Nigerian Stock Exchange, NSE, emerged as the worst global exchange, shedding a little bit over N1 trillion. Those who lost money on the exchange last year have only themselves to blame because they can now add that loss to the list of “everything that could have been avoided”.

Crisis rocks Igbo’s oldest monarchy

A MAJOR crisis has erupted in the ancient Nri Kingdom in Anambra State, regarded as the ancestral homeland of the Igbo and the custodian of the Igbo culture and tradition, with the traditional ruler of the town, Igwe Obidiegwu Onyesoh, announcing the sacking of the 12-member royal cabinet, following what had been described as irreconcilable differences between them.

PENGASSAN rejects NASS’ bid to amend NLNG Act

PETROLEUM and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has rejected the proposed plan by the House of Representatives to amend the Nigerian Liquefied Natural Gas, NLNG, Act, describing the proposed amendment as unnecessary and detrimental to Nigeria.

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