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Monday 22 April 2013

Nigerian Oil Theft Reaches $6bn Annually

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Nigeria’s oil companies are battling a surge in crude oil theft, with estimates suggesting that the oil-rich country loses some $6 billion annually in revenues due to bunkering. Oil theft is a lucrative black market in Nigeria, Africa’s top oil exporter, as well as neighbouring countries.

Bunkering, as oil theft is commonly known in Nigeria, involves siphoning crude from pipelines into makeshift vessels and has turned into huge a business that is damaging the country’s investment profile as well as international oil companies operating in Nigeria.

2013 AMAAs: Late Justus Esiri wins Best Actor, Ghana wins only one award

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2013 AMAAs: Late Justus Esiri wins Best Actor, Ghana wins only one award

Late veteran Nigerian actor, Justus Esiri, although not of this world, was on the wee hours of Sunday, April 21 crowned Africa's finest actor at the 2013 Africa Movie Academy Awards (AMAAs).

The actor, who died on February 19 this year, beat other renowned actors to win one of Africa's topmost prizes in film at the 9th edition of the AMAAs which came off at the Glory Hall Cultural Centre, Yenagoa, Bayelsa State, Nigeria.

The night which saw some of Africa's biggest names - Zack Orji, Kofi Adjorlolo, Osita Iheme (Pawpaw) – in movies in attendance witnessed the presentation of awards to several actors, actresses and movie practitioners who have distinguished themselves over the past year.

Exclusive New Tunes from D'banj (Ibadi E,Scape Goat Remix,Why you love me)

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 DB-Records-DKM

The tracks off the DKM album are trickling out thick and fast. 
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20-year-old Nigerian Becomes Youngest Commercial Licenced Pilot in SA

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Favour Odozor, a 20-year-old Nigerian man has defiled the odds to become the youngest commercial licenced pilot both in Nigeria and South Africa. The News Agency of Nigeria (NAN) reports that Odozor who graduated alongside 15 other trained pilots at the Afrika Union Aviation Academy (AUAA), Mafikeng, South Africa on Saturday was described as the new hope of the African aviation industry.

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