Nigeria targets 3m bpd, $50bn investment, 215tcf gas
By Victor Ahiuma-Young & Johnbosco Agbakwuru ABUJA — The Federal Government has unveiled fresh plans to unlock Nigeria’s more than 215 trillion cubic feet (tcf) of proven natural gas reserves for industrial development, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country could raise crude oil production to three million barrels per day. […]
Ecobank disengages 400 staff
As part of its restructuring strategy for enhanced growth and market competitiveness, Ecobank Nigeria recently announced the disengagement of about 400 members of staff.
2011: Daniel, Oni, Dangote, others launch S-West Jonathan/Sambo campaign
Ogun State Governor, Otunba Gbenga Daniel alongside his Ekiti State counterpart, Engr Segun Oni and Alhaji Aliko Dangote will on October 18th, 2010 launch Goodluck/Sambo South West Campaign in Lagos.
Halliburton: FG withdraws charge against Jeffrey Tesler
THE much-awaited trial of some prominent politicians involved in the $180million Halliburton bribery scandal began, yesterday, at an Abuja Federal High Court, Maitama, with a request by the Federal Government to withdraw its case against six principal foreigners including a British solicitor, Mr Jeffrey Tesler, allegedly involved in the sharing of the bribe.
S/African court begins Okah’s trial
A JOHANNESBURG court in South Africa will, today, commence the trial of former leader of Movement for the Emancipation of Niger Delta, MEND, Mr. Henry Okah.
Jonathan asks Reps for permission to borrow $4.4bn
President Jonathan Good luck, yesterday, wrote the House of Representatives asking for approval to borrow a total sum of $4.42 billion from Development Partners to fund some on-going projects.
