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Uncertainty as PIB Provides for Deregulation, Equalisation Fund

There is apparent ambiguity in the new draft Petroleum Industry Bill (PIB) before the National Assembly as the reform bill seeks the deregulation of the downstream sector and at the same time, retains the Petroleum Equalisation (PEF) to ensure uniform benchmark prices of fuel throughout the country.
Updated 7 Years ago

Olympics day-by-day guide to events

Britain’s women’s football team have the honour of getting the 2012 London Olympics under way . . . in Cardiff. Hope Powell’s squad kick off their quest for gold against New Zealand at the Millennium Stadium. Holders and the two-time world champions USA face France in another opening-day fixture while Beijing silver medallists Brazil take on Cameroon.
Updated 7 Years ago

Fed Cup: Prime beat Enyimba, into semis

The reinstated Director-General of the Securities and Exchange Commission (SEC), Ms.Arunma Oteh, Monday resumed duty after the Minister of Finance, Dr. Ngozi Okonjo-Iweala had last Friday visited the commission to pacify members of staff of the commission.
Updated 7 Years ago

Yabubu says Drogba can help club win Chinese title

Guangzhou R&F Nigerian striker, Yakubu Aiyegbeni, praised Didier Drogba’s contribution in a China Super League match on Sunday after the Ivory Coast striker provided the assist which led to Shanghai Shenhua’s equaliser against Aiyegbeni’s side.
Updated 7 Years ago

FG to stop rice importation in 2015

The reinstated Director-General of the Securities and Exchange Commission (SEC), Ms.Arunma Oteh, Monday resumed duty after the Minister of Finance, Dr. Ngozi Okonjo-Iweala had last Friday visited the commission to pacify members of staff of the commission.
Updated 7 Years ago

Pension contributors locked-in over lack of ‘Transfer Window’

Pension contributors numbering over 5 million have been denied the opportunity to make choice of Pension Fund Administrators (PFAs) as provided in the Pension Reform Act 2004, more than seven years after the take-off of the current pension scheme.
Updated 7 Years ago

Chukwumerije’s Team Nigeria Captain

The Nigeria Olympic Committee yesterday named Chika Chukwumerije as captain of Team Nigeria to the London 2012 Olympics, beginning Friday, July 27. Chukwumerije will be competing in the Taekwondo event for Nigeria and he is one of the country’s medal hopefuls at the Games
Updated 7 Years ago

Family loses 7 in Jos flood - Woman found dead with baby strapped to her back

At least 35 people have been confirmed dead and 50 others declared missing yesterday after flood destroyed hundreds of homes late on Sunday in three communities of Jos.
Updated 7 Years ago

Dana coroner: Lawyers fault fire fighters’ account of time

LAGOS— Officials of the Lagos State Fire Service were, yesterday, contradicted at the on-going coroner proceedings put up to unravel circumstances behind last month’s Dana Air crash in Iju, Lagos.
Updated 7 Years ago

Oteh Resumes at SEC, Calls for Cooperation

The reinstated Director-General of the Securities and Exchange Commission (SEC), Ms.Arunma Oteh, Monday resumed duty after the Minister of Finance, Dr. Ngozi Okonjo-Iweala had last Friday visited the commission to pacify members of staff of the commission.
Updated 7 Years ago

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