Alison Madueke emerges OPEC’s first female president

Nigeria’s Petroleum Minister, Deziani Alison-Madueke was on Thursday elected as the new president of the Organisation of Petroleum Exporting Countries (OPEC) at the ongoing 166th General Assembly of the body. She is the first female president of OPEC, an organization of only oil producing nations in the world. Alison-Madueke is replacing former OPEC President and Libyan Vice Prime […]

FG to link state capitals with rail system

President  Goodluck Jonathan has said that all  state capitals cities in the country would be linked with rail transportation to boost the nation’s economy. Jonathan stated this in London at the 17th meeting of the Honorary International Investment Council (HIIC) with the theme: Rail Transportation. He said that with such nationwide rail coverage, roads and highways […]

CBN approves Uzoma Dozie’s appointment as Diamond Bank’s new GMD as Otti resigns

The Central Bank of Nigeria (CBN) has approved the appointment of Uzoma Dozie as the new Group Managing Director and Chief Executive Officer of Diamond Bank following the voluntary resignation of Dr Alex Otti. Otto resigned last week to pursue his gubernato­rial ambition in the 2015 general election. The bank said that the decision to […]