Press statement from the PDP The Peoples Democratic Party (PDP) condemns, in its totality, the unrelenting attempt by the All Progressives Congress (APC)-controlled federal government to cage the media as being witnessed in the ferocious attacks on Africa Independent Television (AIT) by government agencies, particularly the National Broadcasting Commission (NBC). The party says it is evident that the attack on AIT is targeted at intimidating and gaging the media, repress constitutionally guaranteed freedom of speech and stifle public opinion, particularly as related to the determination by Nigerians to retrieve the stolen Presidential mandate at the tribunal. This clamp down on AIT as well as earlier siege on other media houses and journalists under the APC administration, ostensibly point to a plot to frighten and asphyxiate the media, shut down outlets perceived to hold dissenting views and ultimately foist a siege mentality on our citizenry to restrain their demand ...
Female bank Chairman and business woman, Ibukun Awosika has shared some critical decisions she had to make at 25 that has helped her become successful. Ibukun Awosika who is also an author and motivational speaker revealed that at the age of 25 when she was starting her first business, she made a decision never to sleep with a man for an opportunity or pay bribe and even when people thought she was just an idealist young woman, she kept the principles. She said; As a young woman of 25 when i was starting my first business, i made up my mind that two things were going to be critical to me. I'm from Nigeria and there are many things that my country is struggling with in many ways but we're a great country of a great people. I made up my mind two things, i was never going to pay bribe in order to succeed in my business nor was i ever going to sleep with a man in order to take an opportunity Everyone thought i was an idealistic young woman that wasn't going to go too fa...
French oil major, Total is seeking to sell its 12.5 per cent stake in the giant Bonga deepwater oilfield off the coast of Nigeria, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion. Reuters quoted banking and industry sources as saying that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometres (75 miles) off the Niger Delta, is valued at up to $750 million. Investment bank, Rothschild, is said to be running the sale process for the oil major. Rothschild and a spokeswoman for Total declined to comment. OML 118 is operated by Royal Dutch Shell, which holds a 55 per cent interest. Exxon Mobil holds a 20 per cent stake in the block, while Italy’s Eni and Total each hold 12.5 per cent. The sale process is part of Total’s plan to sell $5 billion of assets around the world by 2020, the sources said. The block includes the Bonga field, Nigeria’s first deepwater project which started in 2005 and produced around 225,000 barrel...
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