Customs, agents disagree over National Single Window operations
Oil prices fall on U.S., Europe debt fears
Nigerian capital market unattractive, expensive – Report
IPMAN begins sale of kerosene in Lagos
APM Terminal announces N1.3 bln waiver for importers
China’s PICC plans $6 billion offering
Japaul Oil to invest N40bn in subsidiaries
FG to confirm sale of PHCN February 2012
Ecobank flags off salary accounts promo
Standard Chartered eyes Piraeus Bank’s Egypt unit
First Lufthansa commercial biofuel flight takes off

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Namibia Sees 11 billion barrels in offshore oil reserves
An estimated 11 billion barrels in oil reserves have been found off Namibia’s coast, with the first production planned within four years, mines and energy minister Isak Katali announced Wednesday.
DPR stresses importance of operatizonal safety
The Department of Petroleum Resources, DPR, the regulator of oil and gas industry operations has reiterated the importance of safe activities, as this will bring about excellent economic performance; Environmental protection; and Well-being of the society.
CSR: Techno Oil to partner NICO on culture revival
Techno Oil Plc, an indigenous oil and gas marketing company has expressed a desire to partner with the Nigerian Institute for Cultural Orientation, NICO, to resuscitate Nigeria’s cultural heritage.
Structure, not money is bane of power – Nnaji
Professor Bartholomew Nnaji, Chairman Presidential Committee on Power at the Security and Exchange Commission session on Power in Abuja recently updated the SEC on the power reform process.
Germany to grow involvement in Nigerian LNG – Merkel
Germany will increase its involvement in Nigeria’s liquefied natural gas, LNG industry, Chancellor Angela Merkel said last week Thursday, as Africa’s most populous nation looks to take advantage of its vast gas reserves.
Transocean: Rig off Ghana remains stable after taking on water
Transocean said Thursday that the deep-water drilling rig off Ghana that was evacuated Wednesday after it took on water remains stable.
Nestle’s bid for Chinese confectioner under review
The bid by Nestle, the world’s largest food company, to gain a 60 percent stake in Chinese confectioner and snacks maker Hsu Fu Chi International, is under review by the Ministry of Commerce, a ministry spokesman said on Friday.
ERHC awarded Chad oil exploration blocks
ERHC Energy Inc. today announced that the government of the Republic of Chad has formally awarded the company three oil blocks for exploration and development.
Ajaokuta: FG considers road map to resuscitation …Provides N650m to re-start operations
The Federal Government has stated that it may consider developing a road-map for the rehabilitation of the comatose Ajaokuta Steel Company Limited, ASCL, to bring the company to functional capacity in order to attract investors.
‘Why I left banking job’
MR. Raoul Angelo is Forever Living Products top distributor in Cotonou, Benin Republic. A former staff of Diamond Bank, Cotonou, he resigned from the bank, five months after marketing Forever Living products, a decision he never regrets. In this chat, he says people are understanding that they need to be masters of their lives.

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