By Nike Popoola Tuesday, 5 Oct 2010 Following allegations that the Nigerian National Petroleum Corporation paid over $368.8m in excess premium to its insurers, the Federal Government has said that it will henceforth impose tougher rules on insurance companies that wish to do business with the national oil company. The […]
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BOJ reverts to zero rates in surprise move
 By Leika Kihara and Rie Ishiguro TOKYO (Reuters) – The Bank of Japan on Tuesday effectively reverted to zero interest rates on growing signs the strong yen is hurting a fragile economy, surprising markets and preceding the Federal Reserve in stepping up its expansionary monetary policy. The central bank […]
FG to Move against Foreign Fuel Suppliers
 By Ejiofor Alike, 10.05.2010  The Federal Government has concluded plans to move against foreign suppliers of petroleum products, who are using their unrestricted access to the fuel-pricing template of the Petroleum Products Pricing Regulatory Agency (PPPRA) to rip off Nigerian oil marketers, THISDAY has learnt.  The newspaper […]

