Niger Delta Groups Demand to Know Firm that Collects $50mn From NNPPC

July 26, 2008   N/Delta Groups Demand to Know Firm that Collect $50m from NNPC The controversy generated over the release of millions of dollars by the Nigeria National Petroleum Corporation (NNPC) to a local registered company in the Niger Delta region to secure a pipeline is still raging as more groups are demanding to know the particulars of the company involved in the contract. They also wonder the reason for paying the huge amount ($50m) for a service that could be handled by the security agencies in the country... More   FGN Bond Records N12billion Oversubscription In a clear sign of confidence by foreign and local investors in the Nigeria's economy, the 10-year FGN Bond issued on July 23, 2008 was oversubscribed by N12.23 billion due to adequate enlightment which propels yearning for long-tenured instruments... More Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine www.economicconfidential.com