Top News Story
C/River, Canadian Firm Sign Agreement on $150m Bio-Diesel Plant
- By Ekaette Okon
- Published Today
- News
- Unrated
THE Cross River State government and Tolao Energy
Limited, a Canadian firm, have signed an agreement to invest about $150
million in the production of bio diesel in the state. This development
will place the state at a vantage position to meet the increasing
demand for renewable energy sources and the opportunities that come
with it having been the first state in the country to do so.
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(L-R) Segun Akpata, company secretary and Stanisias Mittelman, Total Nigeria Plc at the 31st annual general meeting of the company in Lagos.
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A/Ibom to Deliver 10,000 Housing Facilities by 2011
- By Ekaette Okon
- Published Today
- News
- Unrated
THE Akwa Ibom State government has restated its commitment to deliver a
minimum of 10,000 housing facilities in the state by 2011 and will not
deviate from its housing policy thrust as housing development is in
front burner of its infrastructural development.
TouchStone MFB Threatened by Liquidation
- By Saka Khaliq
- Published Today
- News
- Unrated
DEPOSITORS of Touchstone Microfinance Bank may forfeit their deposit or
may have to wait for a longer time before their deposits are paid as
the bank is on its way to liquidation, BusinessWorld can now reveal.
A/Ibom, Rivers in Fresh Battle over NDDC’s Top Position
- By Ekaette Okon
- Published Today
- News
- Unrated
THERE are indications that the governments of Akwa Ibom and Rivers
States may engage in a fresh battle over the appointment of their
candidates as the new managing director of the yet to be reconstituted
board of the Niger Delta Development Commission (NDDC), BusinessWorld
Intelligence can reveal.
Fiscal Commission to Partner NGOs on Budget Monitoring
- By Simeon Ogoegbulem
- Published Today
- News
- Unrated
THE Fiscal Responsibility Commission (FRC) has expressed its readiness
to collaborate with non-governmental organizations (Ngos) in order to
enhance fiscal transparency and effective budget monitoring in the
country. FRC is one of the new bodies established by the federal
government to help build the culture of fiscal transparency in the
country.