Gas flaring fund: Senate to quiz NNPC, ministry
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke| credits: The Senate has written to the Ministry of Petroleum and the Nigerian National Petroleum Corporation to account for the management of funds generated from penalties imposed on international and indigenous oil companies that still flare gas in their operations. The letter, our correspondent More...
INVESTORS SPEAK: Do you know about Bonds?
By CHINEDU IBEABUCHI and JIMOH WILLIAM Felix, security man: There is need for a lot of awareness on the part of the market regulators because many people would have loved to come into the market and invest in bonds. More...
Unions react to GE’s litany of agreements in Nigeria
By Sebastine Obasi US-based electricity giants, General Electrics in the recent time has signed, but opinions vary on the salutary effects of these agreements in terms of sustainable power delivery to Nigerians. Fourteen More...
Insurance penetration’ll fast-track Nigeria’s economic growth
By Fola Daniel President Goodluck Jonathan last year launch the Financial Inclusion Strategy for the country which provided a road map for developing an inclusive financial system. The Nigerian insurance industry More...
PIB: Imperfect comparison of petroleum minister’s powers
By Felix Ayanruoh It is not too late for the Nigerian government to have a New Year’s resolution and new slogan. This resolution may be hard to understand or solve, but it is crucial. The government – executive More...
PHCN laments increase in equipment vandalism …Over N20m spent on replacement
By KUNLE KALEJAYE The Management of Power Holding Company of Nigeria, PHCN, Ikeja Electricity Distribution Company, (DISCO) has raised an alarm over the increased rate of vandalism of its equipment in many parts More...
Uncertainty mars Nigeria’s oil, gas export
Nigeria’s latest drop in oil and gas export has further dented its reputation as a reliable energy supplier, at a time when demand for imports is falling in the United States and Asia has an increasing choice More...
INVESTORS’ EDUCATION: Buy a share, own a company
By BABAJIDE KOMOLAFE That is what investment in shares is all about. A share represents one unit of ownership of a company. The number of shares of a company you have, the portion of its ownership that belongs More...
Oil producing states to get industrial parks – NCDMB
By Ediri Ejoh In a bid to stimulate oil producing communities in the country to participate in the local supply chain of the oil sector, the Nigerian Content Development and Monitoring Board, NCDMB, said it planned More...
India to allow corporations open banks
India will soon allow corporate houses to open banks despite misgivings within the central bank as well as the International Monetary Fund that it may lead to risky loans if newcomers succumb to the temptation More...
