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Shell to sell off four more Nigeria oil blocks 1 Aug 2013 | 04:47 am
Shell plans to sell at least four more oil blocks in Nigeria due to increasing crude theft, oil spills, community challenges and its inability to renew the licenses of some... Read more »
PHCN Workers’ Severance Payment Begins This Week 1 Aug 2013 | 04:45 am
The Federal Government has said workers of the Power Holding Company of Nigeria will start receiving the pay cheques for their severance benefits from this week in preparation for the... Read more »
Ecobank Nigeria To Exceed $310m Agric Sector Loan 29 Jul 2013 | 11:35 pm
Ecobank Nigeria says it plans to grow its agricultural sector loan to over N50 billion ($310 million) by 2014. Citing it’s policy to support the growth and development of the... Read more »
Eni Sells Mozambique Oil Block To Chinese Firm 29 Jul 2013 | 11:23 pm
Italian energy group, Eni says it has completed the sale of a 28.57 percent stake in its East African unit to China National Petroleum Corporation (CNPC). Eni East Africa currently... Read more »
Jaiz Expands its Islamic Banking Operations In Nigeria 29 Jul 2013 | 11:18 pm
Nigerian non-interest lender Jaiz Bank has opened another branch in Kastina State, in the northern part of the country, increasing its number of branches to 10. Jaiz, which established Islamic... Read...
Dangote Cement Makes $670m H1 Profit 29 Jul 2013 | 11:15 pm
Dangote Cement Plc says its 2013 first half pretax profit surged by 52 percent to N107.7 billion ($670 million) from last year’s N70.8 billion ($440 million). The company – which... Read more »
New Stations for Electricity Supply 26 Jul 2013 | 02:44 pm
The Federal Government has restated its resolution to enhance electricity generation and supply in the nation. Mr. Abiodun Olotu, the Managing Director of Niger Delta Power Holding Company, affirmed t...
Mr. Lamido Sanusi, Governor of the Central Bank of Nigeria (CBN) On A Path to Peril 26 Jul 2013 | 02:44 pm
Mr. Lamido Sanusi, Governor of the Central Bank of Nigeria (CBN), on Wednesday bemoaned the poor funding of research programmes in Nigeria’s tertiary institutions. He pronounced that ignoring researc...
Former Petroleum Minister Urges Mr. President to be More Committed 26 Jul 2013 | 02:43 pm
Former Minister of Petroleum, Prof. Tam David-West has urged President Jonathan to show greater commitment to governance rather than engaging in unproductive activities. He said this in Ibadan yesterd...
Love Has Eyes For Money 26 Jul 2013 | 02:43 pm
For several singles, a bad credit score could be a red light when it comes to discovering love. About 30% of women and 20% of men declare they won’t marry... Read more »
