….Sanusi says oil industry bill critical to banking reform The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Mohammed Sanusi Barkindo has solicited the cooperation of the Central Bank of Nigeria in the on going reform of the oil and gas sector for it to impact positively on the Nigerian economy. The […]

The Minister of Mines and Steel Development, Mrs. Diezani Allison-Madueke has announced that Nigeria would be the toast of the jewellery world this month in Hollywood, California as mega-movie stars, world  jewellery buying  and selling top guns throng   the  launch its Gemstones . The Minister said that this was made possible after several meeting with […]

IN less than four weeks, the December 31 deadline target by President Yar’Adua government to give Nigerians 6000megawatts electricity will elapse and as expected, evidence on ground indicate that the government fell far bellow the target. One group which right from the onset and consistently dismissed the target is a mirage, is the organized labour […]

The Nembe community in Bayelsa State and Shell Petroleum Development Company of Nigeria Ltd., (SPDC) have jointly commissioned 12 different development projects executed by the community under the Global Memorandum of Understanding (GMoU) initiative. The projects cost N215 million. SPDC Joint Venture provided the funds, while the community implemented the projects through the Community Development […]

By Oscarline ONWUEMENYI ABUJA – In line with its objective of increasing exploration and production of hydrocarbon resources with a view to growing the nations oil reserves to 40million barrels of crude, the Federal government on Tuesday renewed the leases of OLS 67, 68 and 70 shallow waters with Mobil Producing Nigeria Unlimited, under the […]