Business News

Content board, Ijaw Congress to partner on employment

Friday, 05 November 2010 06:27

By Musa Adamu

The Nigerian Content Development and Monitoring Board (NCDMB) and Ijaw National Congress (INC) have agreed to work together for the growth of employment and business opportunities in the oil and gas industry for the benefit of Nigerians, especially people from the oil producing communities.

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Libya imposes new rules on foreign investors – Report

Friday, 05 November 2010 06:26

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The Libya government authority has imposed fresh rule on foreign investors desirous of investing in oil sector.

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SURCON decries absence of synergy among surveyors

Friday, 05 November 2010 06:19

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The Surveyors Council of Nigeria (SURCON) has said that the lack of synergy among surveyors-general, the Nigerian Institution of Surveyors (NIS) and private surveyors is a set back to the profession.

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LCCI blames rising debt stock on structure of governance

Thursday, 04 November 2010 04:42

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The Lagos Chambers of Commerce and Industry (LCCI) has blamed the country’s increasing debt stock on the structure of governance and high overhead costs.

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Mabogunje identifies legislation as impediment to housing delivery

Thursday, 04 November 2010 04:42

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Chairman, Development Policy Centre, Ibadan, Prof. Akin Mabogunje, has identified legislations as impediment to housing delivery.

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PEF designs N3.08 bn tracking device to stop product diversion

Thursday, 04 November 2010 04:42

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By Musa Adamu

The Petroleum Equalisation Fund (PEF) yesterday in Abuja launched a N3.08 billion software device to track the movement of trucks transporting petroleum products from depots to their destinations.

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500m euro bond: FG picks Deutsche, Citigroup as bookrunners

Thursday, 04 November 2010 04:42

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Stories by Abdulwahab Isa

Two international banks: Deutsche and Citigroup have been chosen by Nigeria to be the bookrunners for its planned $500 million debut global bond, Finance Minister Olusegun Aganga has confirmed the development to Reuters yesterday.

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Power: Gov. Saraki calls for utilisation of PPP initiative

Thursday, 04 November 2010 04:42

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From Olanrewaju Lawal,Ilorin

Public Private Partnership (PPP) initiative remains the best method to solving the epileptic power problem that beset the country, Kwara state governor, Dr. Bukola Saraki has said.

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Chris Ndulue becomes Arik Air first indigenous MD

Thursday, 04 November 2010 04:42

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From Suleiman Idris, Lagos

Arik Air, Nigeria’s commercial airline has announced the appointment of Mr. Chris Ndulue as the new Managing Director of the company. Ndulue becomes the first Nigerian to occupy the position since Arik commenced operations in 2006.