THE Nigerian Electricity Regulatory Commission (NERC) has announced that it might be compelled to invoke certain provisions of its enabling Act following its observations that most of the power distribution companies operate in flagrant disobedience of its orders, rules and regulations.

MOBIL Producing Nigeria (MPN), operator of the Nigerian National Petroleum Corporation/Mobil Producing Nigeria (NNPC/MPN) Joint Venture, has announced its plans of boosting power generation capacity in the country by another 500 Megawatts (Mw).

FRENCH giant Total has moved expatriate staff and their families from Gabon’s industry hub Port Gentil to the capital Libreville because of post-election violence.

JAPAUL Oil and Maritime Services Plc, has reassured its shareholders of its improved performance and impressive returns on their investments, despite the challenges posed by insecurity and restiveness in the Niger-Delta region.

SEVEN-Up Bottling Company Plc (7-up) recently released its full year result for the period ended 31st March 2009, showing a fair performance in view of the recent economic challenges.

THE National Petroleum Investment Management Services (NAPIMS) has organised a highly interactive forum in order to provide an avenue for the multinationals to fashion ways of addressing issues that impede on the optimal operations of the upstream sector of the oil and gas industry.

THE Minister of Power, Dr. Lanre Babalola, has stressed that unless the country finds effective project management solutions to the dilapidating power infrastructure, pumping in more money would not solve the nation’s current power challenges.

THE Minister of Power, Dr. Lanre Babalola has hinted that the current demand for power in the country is in the range of 5,100 megawatts.

The Minister of Power, Mr Lanre Babalola, on Friday in Abuja said the rehabilitation and expansion of the existing PHCN facilities would improve power supply in the country. He spoke at a seminar organised for staff of the various institutions in the power sector.

Vice President Goodluck Jonathan has said that Nigeria’s teledensity which currently stands at 48 per cent may hit 100 by 2020 if the current developmental indices continued unhindered.

The 1st ever Food and Agric Show (FAGRO 2009) will hold in Ghana at the Efua Sutherland Children’s park in December under the auspices of the Ministry of Food and Agriculture.

After six grueling months of competition, University of Ibadan (UI), has emerged overall winner of the 2009 edition of the Zain Africa Challenge.

Association of Advertising Agencies of Nigeria (AAAN) has concluded plan to hold the 2009 edition of it’s Creative Awards tagged “Lagos Advertising and Ideas Festival” (LAIF), fourth in the series, as it holds creative awards seminar and exhibition this week
The Creative Awards was initiated in 2005 to fill a critical gap in the dearth of creative ratings and rewards for the Professionalism.

5Alive from the stable of The Coca_Cola Company, is back in the market with new Tetra prisma packaging. While retaining the brand’s four unique and popular flavour blends (Citrus Burst, Berry Blast, Apple Splash and Tropical Hit), the new 5Alive packs come in two slim and sleek sizes of 1litre and 25cl with screw caps to enhance grip and pour.

The Nigerian-British Chamber of Commerce (NBCC) has lamented over the approach of the Central Bank of Nigeria (CBN) at the ongoing banking reform saying that the mode of delivery have heated the economy and has caused panic and in some cases made banks to stop lending.