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Western Union, on Monday, held its Tobaski raffle draw at the premises of its main agent in The Gambia, Trust Bank Ltd, Banjul branch.
Ahead of the Tobaski feast, farmers in the North Bank Region and Central River Region are selling their groundnuts to middle men at D5 per kilo, in preparation for the coming Tobaski feast. This works out to D5000 per tonne compared to the producer price of D8500 per tonne in the last trade season.
The West African Insurance Companies (WAICA) in Collaboration with inter-Governmental Action Group against money laundering in West Africa on Monday 23 November held their educational conference at Jerma Beach Hotel on the Theme: "The role of the insurance industry in combating money laundering and other financial crisis"
The President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr Simeon Chukwuemeka Okolo has wooed Chinese investors to establish more businesses in the country.
A 15-man Presidential Committee on the review of tariffs and fiscal incentives headed by the Kwara State Governor, Dr. Bukola Saraki has been inaugurated in Abuja.
The out-going Director of Police Pension Office, Mr. Esai Dangarba has said that he has in the last one year increased the numbers of retirees on the payroll of the police pension to 33,000.
Barely two months after President Umaru Musa Yar'Adua flagged off the dredging of the River Niger, a major contract scam has hit the multi-billion naira project as some contractors have petitioned the House of Representatives over alleged installation of substandard navigational aids on the river.
Addressing the power supply problem has been described as the panacea to economic development of the country since it is the only stimulus needed to jumpstart the economy and transport it to one of the top 20 economies of the world as encapsulated in the Vision 2020 blueprint.
Nigerian National Petroleum Corporation (NNPC) has been indicted over the execution of the $24.114 million contract for the repairs of an oil storage vessel , MT Tuma, a 136,000 metric tonnes vessel acquired by the Federal Government in 1985.
Work has commenced on the multibillion naira Yenagoa-Brass road project which was awarded two weeks ago by the Federal Government in line with its promise to open up the hinterland of Bayelsa State in the wake of the presiden-tial amnesty granted Niger Delta militants.
The National Union of Petroleum and Natural Gas Workers (NUPENG) Wednesday said prices of petroleum products would increase even if more refineries were established.
Former President Ibrahim Badamasi Babangida has commended the amnesty programme of President Yar'adua and advocated improved well-being of oil producing areas and their people. He made the call yesterday in Abuja at the lunch of a book, Participation in Petroleum Development: Towards Sustainable Community Development in the Niger Delta, authored by Aseme-Alabo Edward T.Bristol Alagbariya.
After the Lagos State House of Assembly postponed the date of its original presentation, Governor Babatunde Raji Fashola (SAN) finally presented an appropriation bill of N429.596 billion recently. Designed principally to complete the existing projects, the 2010 budget thus raises some questions beyond the appreciation of value and purpose that it is meant to serve.
NIGERIANS have been told to brace up for the unexpected as the much orchestrated generation of 6,000MW of electricity by the Power Holding Company of Nigeria (PHCN) at the end of the year is no longer realisable.
The Director of Automobiles Peugeot France (APF), in Africa, Asia and the Pacific Mr. Jean-Yves Dossal, says that the company has sold over 270,000 Peugeot Sedan cars throughout Asia and South America since the brand started rolling out of the factory.
SIX market women were killed in the early hours of yesterday at Effurun, Delta State, by a trailer suspected to be laden with stolen crude oil, while a mob partly razed the Ebrumede Police Station in a spur-of-the-moment reaction to the unpleasant incident.
Only God and perhaps some of the principal actors in the crisis that rocked the National Assembly prior to last Tuesday's presentation of the 2010 budget can confirm if the whole brouhaha was indeed a farce.
Of late, the Group Managing Director of NNPC has joined on the side of the protagonists and the apostles of Deregulation of the Downstream Sector of the Nigerian Oil Industry.
EXPERTS in global distributive trade, yesterday, urged President Umaru Yar'Adua to open up more port facilities around the country to rapidly boost the national economy.
First City Monument Bank (FCMB) Plc has announced a loss of N6.9 billion in its five months financial statement, for the period ended, September 30, 2009.
The British American Tobacco (BAT) has said that it paid N89 billion tax as revenue to the federal government between 2001 and 2009.
Lately, the Federal Government is beginning to demonstrate what could pass for a genuine eagerness to transform the long-neglected but oil-rich Niger delta region.
Tragedy struck yesterday in Effurun, an adjoining town of Warri in Delta State, as a gahastly collision involving a tanker-lorry and a commercial bus claimed the lives of five women.
Workers of the troubled Nigerian Telecommunications Limited and the Nigerian Mobile Telecommunications Limited (Mtel) have threatened the Bureau of Public Enterprises over their unpaid 16 months salary arrears.
Nigeria Customs, Cross River and Akwa Ibom States command, and Calabar Free Trade Zone have realised about N288million for the month of November 2009.
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