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Consumers pay more for diesel, kerosene as oil price continues to rise in global market

Globally, the International Oil Companies, IOCs and their indigenous counterparts are smiling to the banks as crude oil price hits the roof at $80 per barrel.

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Actresses in the Yoruba movie industry are not promiscuous — Mercy Ajoke Ebosele

“Yes I can kiss, but I can’t allow someone to touch my boobs in a movie. The script is neither a Bible nor is it a Quran. We can always find a way around it.” Commenting on what stands her out as an actress, she said her ability to interpret her roles well makes her a brilliant actress.” It’s talent and my ability to interpret my roles well that stands me out. It’s not just my beauty that makes me different. You don’t have to sleep around to be featured in a movie, if you are good, people will definitely look for you”

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Access Bank loans N573bn to energy firms

Access Bank Plc gave out loans, totaling N572.997 billion to energy firms in two years, between 2013 and 2014. This was even as the bank is fined N174 million for various contraventions in the course of its operations in 2014. A breakdown of the loans, according to information obtained from the bank’s financial statement for the year ended, December 31, 2014, showed that the Bank gave out a total of N243.065 billion and N329.923 billion in 2013 and 2014 financial year respectively.

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What makes NDDC  wrong for Oil Producing States

t is hoped that this issue will be looked into and the appropriate corrections effected in the nomenclature of these two government agencies. When this has been achieved, the wrong perception of all oil producing states being Niger Delta state will be removed from the consciousness of many Nigerian. When this is achieved, then perhaps the two women on the bus ride will have cause to celebrate Anambra becoming an oil producing state, and not necessarily becoming a Niger Delta state.

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Electricity output now 4,000MW – FG

The Federal Government said available electricity output now stands at 4,000MW, blaming poor infrastructure for the inability of government to evacuate the total electricity generation put at 6,000MW.
Minister of Science and Technology, Prof Mohammed Abubakar, made this known yesterday at the summit on energy and sustainable economic growth organised by the Energy Commission of Nigeria, ECN.

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