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Tag: nigerian

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UPDATE 1-Nigerian court denies bail to prominent oil rebel - Reuters
Posted On 08/08/2008 07:00:08 by lagosadmin
MEND, the main militant group in the Niger Delta which
produces nearly all of Nigeria's 2 million barrels per day of
oil output, has made Okah's release a condition for suspending
its campaign of violence launched in early 2006.
(For full Reuters Africa coverage and to have your say on the
top issu[UPDATE 1-Nigerian court denies bail to prominent oil rebel - Reuters]... Read More



Nigerian banks have gone global, now what? - The Punch
Posted On 08/07/2008 17:00:16 by lagosadmin
It was just four years ago this June, when banking in Nigeria was still basically a mom and pop boutique operation, with a maximum “big man” who had leveraged on his close contacts in the corridors of power to secure himself a position as the chairman of the bank’s board. He probably never ru[Nigerian banks have gone global, now what? - The Punch]... Read More



Chevron starts oil production at giant Nigerian field - AFP
Posted On 08/07/2008 00:08:20 by lagosadmin
LAGOS (AFP) — US oil group Chevron has started production at a new offshore oil field in Nigeria and the site is expected to yield 250,000 barrels of oil and gas per day by next year, the company said on Wednesday.The company said its nigerian affiliate, Star Deep Water Petroleum Limited, sta[Chevron starts oil production at giant nigerian field - AFP]... Read More



Nigerian lawyers back court order on Bakassi - Xinhua
Posted On 08/07/2008 00:08:19 by lagosadmin
    LAGOS, Aug. 6 (Xinhua) -- Constitutional lawyers in Nigeria's economic hub Lagos said the court's order stopping the handing over of Bakassi Peninsula by the nigerian federal government to Cameroun is binding, Channels TV news said Wednesday.
    On July[Nigerian lawyers back court order on Bakassi - Xinhua]... Read More



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