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No rigs operating onshore Nigeria

INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.
It was gathered that of the 20 active rigs offshore, one is a jack-up rig operating in swamp, while the rest are operating in safer shallow and deep water

Investors lose N138bn on NSE

By  Michael Eboh & Chinedu Ibeabuchi THERE was reversal of   fortunes in the Nigerian capital market last week, as investors lost N138.3 billion on their investment in the Nigerian Stock Exchange (NSE).

Standard Chartered Bank seeks closer ties with SMEs

IN its determined effort to spur the growth of the Nigerian economy , Standard Chartered Bank has indicated interest to partner with the Small and Medium Enterprises (SMEs) to make them vibrant and competitive in the international market.

SON awards Oando Gas & Power ISO 2000 certification

By Yemie Adeoye OANDO Gas & Power,    pioneer of natural gas piping and distribution to industrial end- users and a subsidiary of Oando Plc announced that it had received the endorsement of the International Standard Organization (ISO) for its world class operations and service delivery with the award of the prestigious ISO 9001:2000 certification.

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