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Nigeria to privatise power generation

  By Tom Burgis in Lagos, August 26 2010 16:11   Nigeria’s president on Thursday invited foreign investors to join what could be one of Africa’s biggest privatisations as the country seeks to sell its power generation and distribution companies.Goodluck Jonathan called time on the state-owned power company, which has given […]

FG: New N50 Note Out Sept 29

    From Kingsley Nwezeh in Abuja, 08.27.2010    In commemoration of Nigeria’s 50th Independence anniversary, Federal Government said yesterday that the N50 note would be redesigned by the Central Bank of Nigeria (CBN). The polymer note currency would now adorn the logo  of the 50th  anniversary. In addition,  non-circulating […]

NNPC insurance: Charged premium could be less by 60% – Consultant

  By Sunday Ojeme Friday, 27 Aug 2010    The controversy generated by the alleged premium inflation at the Nigerian National Petroleum Corporation has refused to thaw as experts opposed to the charged premium insist that it is high.Restating his position on the matter on Wednesday, an oil and gas […]