Nigeria, Norway invest US$2.8m on local content training pact
online Nigeria, Norway invest US$2. 8m on local content training pact
By Yemie Adeoye
Tuesday, December 26, 2006
THE Governments of Norway and Nigeria commenced moves to invest about US$2. 8 million to train Nigerian fabricators for effective competition in the upstream sector of the Petroleum industry and to boost the local content policy in both countries.
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Interview: Peugeot Automobile Nigeria (PAN) plans made-in-Nigeria car in five years -Haroun Aliyu, Managing Director
2009.12.14
Peugeot Automobile Nigeria (PAN) is the only surviving vehicle assembly plant out of the six in the country. Established in 1972, the company commenced full operations in 1975. In April 2006, PAN was privatised when the Bureau for Public Enterprise (BPE) and AP France (technical partners of PAN) jointly divested 54.8 per cent shares, and ASD Motors took over as core investor. Since then, the new core investor has made sure that the company does not close shop because of financial constraints coupled with the global economic meltdown. It has vowed to sustain the company's unrivalled position as the epitome of excellence and resilience in vehicle assembly.
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The Managing Director, Dr. Haroun Aliyu, in this interview with Kaduna Bureau Chief, SUKUJI BAKOJI, speaks on the achievements, challenges, problems and prospects of the company since the take-over. Excerpts
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TransCorp N60bn IPO to open Dec 27
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Comment: Enron syndrome and the Nigerian economy (1)
online Speaking Out: Enron syndrome and the Nigerian economy (1) Morenike Taire Tuesday, December 26, 2006 It would be the rare party goer who is familiar with the Owambe scene who would not be familiar with the song that Sunny Ade, the Juju king who recently turned 60, waxed in the immortality of the late Chief Moshood Kashimawo Olawale abiola.
online Speaking Out: Enron syndrome and the Nigerian economy (1) Morenike Taire Tuesday, December 26, 2006 It would be the rare party goer who is familiar with the Owambe scene who would not be familiar with the song that Sunny Ade, the Juju king who recently turned 60, waxed in the immortality of the late Chief Moshood Kashimawo Olawale abiola.
Oceanic Bank declares one for four bonus, 42k dividend
Thursday, December 28, 2006 Oceanic Bank declares one for four bonus, 42k dividend A BONUS issue of one ordinary share for every four held has been declared by Oceanic Bank International Plc for the year ended September 30, 2006. The bank is also to pay a dividend of 42 kobo. This implies 25 per cent instant growth in the number of shares accruing to the bank's shareholders.
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