IT was an exciting moment for the students and staff of Redeemer's University, Mowe Ogun state last week when students and Television experts converged at the institution to brainstorm on radio transmission.
Director National Center for Energy and Environment (NCEE), Energy Commission for Nigeria , Dr Lawrence Ezemonye, has complained over the delay in putting in place laws that would protect all energy programmes in the country.
NIGERIAN Association of Auctioneers ended its 15th Annual General Meeting (AGM) in Yenagoa, Bayelsa state capital with a resolution to dissolve its Board of Trustees, and elect six new officers from each of the six geopolitical zones of the country.
The last is yet to be heard of the planned deregulation of the downstream oil sector as fuel scarcity bites harder in the country.
Indications emerged yesterday that the fuel scarcity witnessed in most parts of Lagos and environs since Monday may have been caused by a pipeline vandalism incident at Arepo Village in Ogun State which halted distribution of petroleum products in Lagos area.
A change of baton has taken place in First Bank of Nigeria Plc, as the former president of the Nigeria Stock Exchange, an erstwhile non-executive director of UBA Dr. Oba Otudeko was elected yesterday by the Bank's Board of Directors to take over from Alhaji Umaru Mutallab as chairman.
Eterna Oil and Gas Plc has said that its multi-million naira Lube Blending Plant produced 402,702 litres of lubricant in September this year.The figure, according to the company's Managing Director, Ibrahim Boyi,contrast with the 350,000 litres peak performance of the plant in 2007.
Globacom has introduced a new phone chat service named 'Frenszo Voice Chat', designed as an exclusive social networking service for Glo subscribers. The service enables registered subscribers to find and make friends on the chat service based on defined profiles.
African Petroleum Plc has said that it would veer into upstream activities by next year as part of the need to revitalize and reposition the operations of the petroleum marketing company.
Oil rose above $70 a barrel on Tuesday, snapping a nine-day losing streak, as traders bet that government data would show U.S. crude stocks fell last week, and colder-than-normal U.S. weather could boost demand for heating oil.
Kia Motors Corporation has announced its global sales figures for passenger cars (export sales, domestic sales, and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for November 2009, recording a total of 152,826 units sold. This figure represents a year-on-year increase of 53.2%.
The Consumer Protection Council (CPC) has commenced a pro-consumer initiative aimed at driving unprecedented and positive changes within the ICT sector in the country.
Any lingering hopes that the Federal Government's solemn promise to generate 6,000 megawatts of electricity would be fulfilled in the next two weeks ended yesterday with the President's Chief Economic Adviser declaring that the target is not attainable by year's end.
The Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Muhammad Nadada Umar, has called on micro finance banks in the country to charge friendly interest rates on loans granted to small businesses.
The Eket 132/33KV Transmission Station at Eket in Akwa Ibom State has been energized to Ibom Power Plant, adding 37MW to the grid as a result of the completion of Ibom Power Station by the Akwa Ibom State Government.
In appreciation of their long meritorious service to the growth of Bauhaus International Limited, an estate development firm based in Nigeria on Saturday honoured 19 members of the company staff with "Long Service Award " at a ceremony held at the company office in Abuja.
Dr. Otudeko is a seasoned banker and administrator. He was appointed to the Board of FirstBank on May 18, 1997, where he served in various capacities.
Pan-African multinational independent oil firm, Afren plc, has reported upbeat in it's appraisal drilling campaign in the Ebok marginal field, posting strong indications of reserves growth.
Partners have spudded the next well in Sao Tome and Principe (STP) and Nigeria's Joint Development Zone (JDZ).
Indigenous integrated energy firm, Oando, said it has invested over N36 billion in bridging huge infrastructure gap between Nigeria's huge gas reserves and demands in the domestic market.
Federal government has attributed poor performance of the past fiscal budgets to huge fuel price subsidies which it said was 50 percent greater than total capital expenditure in the appropriation scale.
Prospective investors in the proposed Lagos greenfield refinery have secured the support of the Nigerian National Petroleum Corporation in the project which is expected to stream by 1017.
Nipco Plc has said that work has reached about 95 per cent completion on its Compressed Natural Gas (CNG) plant in Benin Edo State.
There are strong indications that the planned deregulation of the downstream petroleum industry will significantly affect the activity in the kitchen of Nigerian homes as kerosene will emerge the costliest fuel in the market.
Nigerian National Petroleum Corporation (NNPC) has declared the need for effective human capacity building to accompany the restructuring in the petroleum industry.
