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Oil spill in the Niger Delta is being contained – Shell 27 Aug 2013 | 09:03 pm

PORT HARCOURT – Shell says an oil spill in the Niger Delta is being contained after a leak was found in one of its pipelines. The Nigerian military’s Joint Task Force (JTF) discovered the spill near ...

NIMASA, air force move to battle oil thieves, pirates 27 Aug 2013 | 07:38 pm

LAGOS – The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Air Force have signed a Memorandum of Understanding (MoU) to battle oil thieves and pirates on Nigerian waters....

FG seeks to plug funding gaps in power sector 27 Aug 2013 | 06:34 pm

ABUJA – President Goodluck Jonathan, on Monday, presided over a meeting of the Presidential Action Committee on Power (PACP) to seek ways to plug observed funding gaps in the power sector now in an ad...

Forte Oil’s Amperion Power completes acquisition of Geregu Power Plant 26 Aug 2013 | 11:35 pm

LAGOS – Forte Oil PLC, one of Nigeria’s major marketer of petroleum products has announced that its subsidiary, Amperion Power Distribution Company Limited (Amperion Power) has completed the acquisiti...

Lekki Orphanage Commends Airtel Staff 26 Aug 2013 | 11:14 pm

LAGOS – Management of the Lagos State Government Motherless Babies Home and Executive Members of the Lekki Residents Association have commended employees of leading Telecommunications Services Provide...

Mercedes starts assembly of luxury SUV GL-Class at Chakan plant 26 Aug 2013 | 07:21 pm

DELHI – Mercedes-Benz India has started local assembly of luxury sports utility vehicle (SUV) GL-Class from the Chakan plant, bringing down its price by almost Rs 5 lakh. The GL-Class, launched in Ma...

FG Loses U.S.$100 Billion to Foreign Crude Vessels 26 Aug 2013 | 06:56 pm

LAGOS – The Federal Government of Nigeria  might have lost over $100 billion in five decades by allowing its crude oil to be carried exclusively by foreign-owned vessels, the Executive Secretary of th...

CBN urges Banks to Build Workers Capacity 26 Aug 2013 | 06:46 pm

LAGOS — The Central Bank of Nigeria (CBN) on Saturday said it would introduce reforms which would ensure that banks adhere strictly to competence in their operations. The CBN Deputy Governor in charg...

FAAN Introduces Bill of Rights for Aviation Passengers 26 Aug 2013 | 04:19 pm

ABUJA – The Federal Airports Authority of Nigeria (FAAN) said a passenger’s Bill of Rights has been introduced to protect the rights of air travelers in the country. The Managing Director of FAAN, Ge...

PHCN Sale – NCP, BPE Still Silent 23 Aug 2013 | 07:40 pm

ABUJA – There is yet no official comment from the Bureau of Public Entreprises, BPE, more than 24 hours after the close of the commercial transactions the sale of 15 successor companies unbundled from...

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