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There were fears at the weekend that the multi-billion dollar Trans-Saharan Gas Pipeline project being midwifed by Nigeria, Algeria and Niger is now a target for sabotage by the Movement for the Emancipation of the Niger Delta (MEND).
Three African countries yesterday signed an accord to build a $10 billion trans-Saharan gas pipeline linking vast reserves in Nigeria to Europe.
A day ahead of this year’s African Union summit in Libya, the 11th meeting of the forum of the African Peer Review Mechanism (APRM) took place in the sweltering seaside town of Sirte. Reports emerging from those who attended threw up few surprises and some lingering concerns.
In Africa billions of dollars from oil, gas and mining revenues go missing, leaving populations dependent on international assistance, according to a new report on natural resource use on the continent.
The Board of Directors of the World Bank has approved a total of US$535 million to support three credit facilities aimed at helping improve economic governance and stabilizing Ghana's economy.
A two-day sub-regional durbar, to deliberate on the issues of trade between Ghana and Burkina Faso, has been held at Navrongo in the Kassena-Nankana District of the Upper East Region.
The Sultan of Sokoto, Alhaji Muhammad Sa'ad Abubakar was right when he raised serious concerns recently over the growth of the menace of negative youthful exuberance, characteristic of miscreants generally referred to as Area Boys, in an otherwise peaceful state of Sokoto. The Sultan's alarm came while receiving in audience the new Police Commissioner posted to the state.
The battle to retrieve the 76 oil wells taken from Cross River State and ceded to Akwa Ibom State has shifted to the nation's capital, Abuja.
It affords me great pleasure to be with you this morning and I would like to begin by congratulating the council members and indeed, the rank and file of the members of the Nigerian-British Chamber of Commerce on yet another milestone in the history of the Chamber, the commemoration of this year's business day. What the Chamber seeks to accomplish by marking the business day is well known to many ...
President Umaru Yar'Adua and his Deputy, Goodluck Jonathan, are to lose their gratuity of 300 per cent of basic salary, in part to tame the effect of the global economic crunch on country folk.
Senators unanimously on Thursday approved a new law that would prohibit gas flaring and punish oil companies that flout it in Nigeria.
My submission is that there is so much corruption in the university system, and no responsible government can continue to throw funds into a drain pipe. As for the issue of salary increment, please forget it. If any increment is granted by government, other professional or rival unions in the public sector will follow suit and make the country ungovernable.
The Chartered Institute of Bankers of Nigeria (CIBN) on Thursday joined its voice to the array of condemnation that has greeted the recent story citing The African Report, a publication of Paris based Groupe Jeune Afrique Magazine, to the effect that "only four Nigerian banks are strong."
Globacom will on Monday commence a new promotion that will create about 103 millionaires from its existing and new subscribers within a space of 90 days.
The Managing Director of Federal Superphosphate Fertilizer Company (FSFC) Limited, Kaduna, Engineer Abdullahi M. Kanti, has declared that privatization presents the best chance for the survival of Nigeria's ailing public enterprises.
This is the story of South Eastern State, the story of old Cross River State, too. But more importantly, it is the story of the new Cross River and Akwa Ibom States. Two states, one people, one destiny, bonded by geography, history, heritage and blood. And also united so deeply by parentage, marriage, business and friendship.
The Nigeria Customs Service has become the beneficiary of a three-day training programme on intellectual property enforcement at Nigeria's borders and ports organised by the United States' Mission in Nigeria in collaboration with the U.S. Patent and Trademark Office. The training also focused on health aspects of intellectual property enforcement.
Following the agreement signed between the NNPC and Gazprom last week in Abuja, Nigeria will today host Algeria and Niger Republic to conclude the Tran-saharan Gas Pipeline project agreement.
President and his vice will no longer enjoy the severance gratuity of 300 percent of their annual basic salary after the completion of their tenure, the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has recommended.
The Nigerian Communications Commission (NCC) does not have the statutory power to grant Mobitel or any telecommunications outfit waiver for spectrum or operations fees, the Economic and Financial Crimes Commission (EFCC) said yesterday in Abuja.
About N2 billion pensions of retired police officers have been kept in the Ministry of Finance, the Inspector General of Police (IGP) Mike Okiro has said.The IGP represented by the Deputy Inspector General of Police in charge of 'A Department' (Administration and Finance) Ogbonna Onovo said this yesterday at the Annual General Meeting of the Association of Retired Police Officers of Nigeria ...
The House of Representatives Committee on Public Account yesterday summoned the Accountant General of the Federation, Ibrahim Dankwambo and the Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi over the controversy surrounding the alleged non remittance of 2005 Signature Bonuses accruable to Petroleum Technology Development Fund (PTDF).
THE Gbaramatu Host Communities' Contractors Forum in Delta State undertook yesterday in Warri to beef up security around facilities of oil companies in the area to protect them from further attacks by criminals.
All three Senators and eight members of the House of Representatives from Cross River State yesterday declared a two week hunger strike to protest what they claimed as the unjust transfer of seventy-six oil wells from the State.
THE Niger-Delta River Pilots Union has petitioned Delta State governor, Dr. Emmanuel Uduaghan, over its disagreement with the management of Nigeria Ports Authority (NPA), Warri, urging him to quickly intervene for the ongoing-multibillion naira Federal Government's Escravos-Gas-to-Liquid (EGTL) project not to be disrupted.
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