THE Federal Government has generated over N1.6 trillion revenue from petroleum products during the second quarter of 2010.
Department of Petroleum Resource s(DPR) disclosed at its quarterly media briefing recently in Lagos that government exceeded its target by 18.07 per cent.
The figure represent the total income generated from royalties paid by oil companies to government in April, May and June, of this year, which was N168.26 billion, gas flare penalties were N706.6 million, concessi ... Read More

Recently, maverick Charly Boy embarked on his six-year old dream of publishing. His magazine Charly Boy is in its third edition come April 2010; and the multi-skilled artiste told Anote Ajeluorou recntly in Lagos that th new project is all in the process of consolidating the Charly Boy Brand. Lagos. Excerpts:

How has the experience as a publisher been? 
It’s been most profound. Like I always say, we will continue to be students in the school in life as we ... Read More

The sad story of compatriots who would love to make things better at home but have been frustrated out of their fatherland by a most insensitive political class and a system that has failed to plan for its future generations.
Today, there are many young men and women who could have been in Nigeria, developing themselves and their country but who have had to seek greener pastures in other lands where they are now helping to develop. 
Indeed, in the past 40 years, especially in the p ... Read More

BARELY two weeks after the Standard and Poor’s high-risk rating of Nigeria’s banking industry was reported by the Nigerian media, industrialists, under the aegis of the Lagos Chamber of Commerce and Industry (LCCI), has decried increasing harsh realities that continue to pervade the economic landscape.
Specifically, the Chamber said if adequate measures were not taken in time, the environment might constitute a serious disincentive to investors who, prior to now, had believed in the co ... Read More

The matches of the ongoing World Cup are leaving everyone breathless here.  
Without question as we arrive at the semi-finals of the championship no one can say where the priciest trophy in sport will be heading on Sunday! The 2010 World Cup will surely qualify as one of the most unpredictable ever with several of the favourites out. 
To start with, several of the results of matches do not reflect the performances of the teams. Brazil were surely underserved losers against Hol ... Read More