NNPC, ICAN Agree On Local Content...
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Funsho Kupolokun, has hailed the Institute of Chartered Accountants of Nigeria for supporting its bid to domesticate operations in the oil and gas sector.
27th OCT 2006

Intercontinental Bank Boss Woos Investors Over N50b Offer...
Vice Chairman/Chief Executive of Intercontinental Bank Plc, Dr. Erastus Akingbola, has urged the investing public to take wise investment decisions capable of guaranteeing their future....
27th OCT 2006

Afribank Explains Non-Payment of Dividend...
Afribank Nigeria Plc has explained that it will not be able to pay dividend in the financial year ended March 2006 due to the amended provisions of Banks and Other Financial Institutions Act (BOFIA) 1999 relating to intangible asset....
27th OCT 2006

Oil Firms In Fresh Strategy For 2006 Bid Round...
DOHA,Qatar— Multinational oil firms, preparing to participate in the 2006 licensing round for oil and gas blocks, have keyed into the Federal Government’s downstream strategic investment approach for acquisition of acreage.
25th OCT 2006

24-year Sentence for Enron Boss...
Jeffrey Skilling, former Enron Chief Executive, has been sentenced to 24 years following his role in the fraud that led to the collapse of the energy firm in 2001...
24th OCT 2006

NITEL prepaid platform collapses...
The prepaid platform installed by the Nigerian Telecommunications Limited about two years ago has collapsed. As a result of this development, all customers of the first national telecoms operator have been migrated to the company’s post-paid platform.
24th OCT 2006

Pension Funds Hit N320 Billion by December...
Pension funds of both the public and private sectors had reached 220 billion naira. Of this amount, the public sector’s contribution was 70 billion naira. It is expected to reach N320 billion naira at the end of the year.
23rd OCT 2006