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Business and Economy

Insecurity: Disclose security votes spending for 2021, SERAP tells Buhari, 36 governors

Socio-Economic Rights and Accountability Project (SERAP) has sent Freedom of Information requests to President Muhammadu Buhari and 36 state governors urging them to “disclose details of proposed ‘security votes’ spending in your 2021 appropriation bills to ensure the security and welfare of Nigerians, and to explain the measures your governments …

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Rivers Govt’s takeover of Shell JV’s Kidney Island and SPDC’s interest in OML 11 dismissed 

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed the purported takeover of Kidney Island asset of the SPDC Joint Venture in Port Harcourt by the Rivers State Government in the exercise of rights purportedly  acquired through a court auction process that is still the subject of ongoing appeals …

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Leo Stan Ekeh not indicted by Police, EFCC, any Court in Nigeria – Zinox

The management of Zinox Technologies, Nigeria’s leading integrated Information and Communications Technology (ICT) company, has debunked allegations of its Chairman, Leo Stan Ekeh, being indicted by the Nigerian Police. This was contained in a detailed statement released to the media on Tuesday, December 22, 2020. ‘‘Firstly, Zinox Technologies makes bold …

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Dutch TV documentary: Shell denies alleged complicity of staff in vandalism

The Shell Petroleum Development Company of Nigeria (SPDC) says the allegations in a Dutch Television documentary that its staff were involved in pipeline vandalism for personal gains lacks evidence. It will be recalled that a Dutch Television in a documentary produced in collaboration with an environmental rights group Milieudefensie and …

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BPE responsible for concession of public enterprises, infrastructure listed in First, Second Schedules of Public Enterprises Act – Osinbajo

With the new Federal Government’s circular on the administration of Public-Private Partnership (PPP) projects in the country, the Bureau of Public Enterprises (BPE) shall be responsible for the concession of public enterprises and infrastructure already listed in the First and Second Schedules of the Public Enterprises Act, Vice President and …

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Global Ultra Logistics offers unbeatable Yuletide discounts for all shipments to and from Nigeria, US, UK, Canada

Leading international logistics company, Global Ultra Logistics, is offering an unbeatable yuletide promo for all users of their services in Nigeria and abroad. The Big Offer, which started on November 15, 2020 and will last till January 31, 2021 involves a 50 percent discount on all shipments from the United …

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Nigerian traders in Ghana applaud FG’s planned evacuation of citizen

By Maureen Okon Abuja, Dec. 3, 2020 The National Association of Nigerian Traders (NANTS) and the Nigerian Union of Traders Association in Ghana (NUTAG) on Thursday praised the Federal Government over its planned evacuation of citizens from that country. The groups lauded the Federal Government at an Inter-Ministerial Committee meeting …

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Gowon seeks innovative ways to reposition transportation … Condemns destruction of public assets… As CIoTA moves to professionalise transportation

Former Head of State, General Yakubu Gowon (Rtd), has called for partnership between the public and private sectors in order to come up with innovative ways of resolving the transportation challenge in the country. Gowon spoke on Tuesday in Abuja at the opening of the Second National Transport Summit organised …

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Dangote Fertiliser empowers 150 beneficiaries impacted by pipeline construction

As a means of supporting livelihood to host communities impacted by the 54km gas pipeline to the Fertiliser plant, Dangote Fertiliser Limited (DFL) embarked on a programme to empower 150 Project Affected Persons(PAPs) through a cassava enterprises programme. The programme was geared towards mitigating the negative impact of the land …

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