Thursday, August 17, 2017.




Nigeria’s oil production cost down 70.5% to $23/barrel

The Nigerian National Petroleum Corporation (NNPC) has driven down the cost of crude oil production from $78 dollars per barrel as at August 2015 to $23 per barrel representing 70.5 per cent reduction. The Group General Manager of National Petroleum Investment Management Services (NAPIMS), a unit of NNPC, Engr....

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L-R: Nathaniel George, Business Manager, Adeola Hopewell Branch, FirstBank; Zuriel Oduwole, Girl Education Advocate and World’s Youngest Filmmaker; and Ismail Omamegbe, Head, Corporate Responsibility and Sustainability, FirstBank at the Zuriel Oduwole Film Class Initiative Supported by FirstBank.

FirstBank drives youth empowerment with Zuriel Oduwole

First Bank of Nigeria Limited, the most valuable bank brand in Nigeria as part of its commitment towards youth empowerment has partnered with the Zuriel Oduwole DUSUSU (Dream up, Speak up, Stand up) Foundation to implement a mentoring session where Zuriel inspired over 200 students to stay in school...



Seven Up’s quarter of multiple loses

The Bottling Company Seven up Bottling Company’s loss figure in the second quarter multiplied more than three times at the end of the third quarter last December. The soft drinks manufacturer ended the period with a loss of close to N5 billion, more than three times the loss of N1.56...



Carlos Tevez

Carlos Tevez promises to return to Shanghai Shenhua after Argentina visit

Carlos Tevez has been granted permission to go to Argentina, but only after agreeing in writing to return to Chinese Super League side Shanghai Shenhua by 30 August. There have been reports that Tevez, 33, who joined Shanghai from Boca Juniors in December, wanted to leave the club. The ex-Manchester City...
Jisheng Gao

Chinese businessman Jisheng Gao takes over Southampton

Chinese businessman Jisheng Gao and his family have completed a deal to buy 80% of Southampton. In January, Gao's company Lander Sports Development said a deal was agreed, but the takeover is now a personal investment. "Today is the start of a new and exciting chapter for our club," said Katharina...






Godwin-Obaseki, Edo gov.-elect

Obaseki and his knack for tough decisions, by Cruise Osagie

There is no question about Obaseki's commitment to the welfare of Edo people as he continues to make the difficult decisions to clear out entrenched behaviours that inhibit growth Crusoe Osagie writes Lying adjacent to the University of Benin, Ekehuan Campus, is Garrick Memorial Secondary School (GMSS), a privately owned...
Egmont Group

Nigeria’s suspension from Egmont Group, the way forward

On Thursday, the 20th day of July, 2017, the Senate of the National Assembly directed its committee on Anti-Corruption and Financial Crimes to recommend and draft a bill aimed at ensuring that the Nigerian Financial Intelligence Unit (NFIU) is separated from and made independent of the Economic and Financial...