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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 […]

Otedola: Onovo Says Lift Failure was Murder Attempt

  From Yemi Akinsuyi in Abuja, 08.27.2010  Inspector-General of Police, Mr. Ogbonna Onovo has described as sabotage and attempted murder the incident involving Chairman of African Petroleum Plc, Mr. Femi Otedola, his four security details and two directors of the oil company in which they were trapped in a lift […]

Banks woo shareholders on recapitalization

  By Stanley Oronsaye August 27, 2010 03:48AM   The eight rescued banks have started reaching out to its minority shareholders to support the recapitalisaiton plans of the Central Bank of Nigeria (CBN).The board and management of Finbank met with various shareholders groups in Lagos yesterday to forge a common […]