A bitter squabble brewing between MasterCard worldwide and the Nigerian transaction switching company, InterSwitch, may put the fate of electronic business in Nigeria – valued at N500 billion by 2008 figures – in jeopardy, a NEXT investigation has revealed. The … read more
A Nigerian liquefied-petroleum-gas producer said Friday it is in talks with a disarmed militant leader to hire or train his men as local and international companies seek to consolidate the gains of a recent amnesty process. Royal Dutch Shell PLC … read more
THIRTY-SIX states governors across the country are today meeting in Yenagoa to take position on the deregulation of oil and gas sectors as being proposed by the Federal government. President Umaru Yar’adua recently described the moves as inevitable, the Nigeria … read more
Twenty Five witnesses of the Economic and Financial Crimes Commission (EFCC) are off to London over the trial of three associates of a former Governor of Delta State, Chief James Ibori at the Southwark Court 8 in London . The … read more
For the second week running, the deregulation of the dow nstream oil sector and reactions from various stakeholders captured headline news in Nigeria which also recorded its first swine flu case. The Nigerian Tribune headlined its story “Deregulation: Prepare For … read more
The EFCC, which energetically jumped into the banking crisis and whose chairman moved over 100 agents to Lagos at the height of the financial sector meltdown,is collecting 10 percent of all the monies recovered from debtors on behalf of banks, … read more
Nigeria denied on Thursday its customs officials were behind a blockade at the border with Niger that has stopped all imports including food entering its impoverished, land-locked neighbour. There has been no official explanation for the blockage, which has paralysed … read more
AS fuel queues continue to emerge in most cities in Nigeria, the Federal Government has again declared that it is yet to take a decision on the take-off date of the deregulation of the downstream sector of the oil and … read more
The organised labour in the country has threatened a nationwide strike if the Federal Government goes ahead to implement the deregulation of the nation’s downstream oil and gas sector without meeting the set precedent conditions to cushion the effect on … read more
Speaker of the House of Representatives, Honourable Dimeji Bankole and his deputy, Honourable Usman Bayero Nafada, are said to have acquired nine bullet-proof cars each for their official use and in preparation for 2011 governorship elections in their respective states. … read more