ABUJA The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans to meet the Chief Executives of multinational companies in Nigeria, to discuss the revamp of Nigerian exports. Mr. Emefiele dropped the hint on Tuesday, August 25, 2020, during the meeting of the Bankers’ Committee, noting that …
Read More »Kyari lists parametres to sustainable growth in Nigeria Petroleum Industry
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele Kyari, Tuesday, urged the Industry stakeholders to evolve innovative ways to reposition the Sector for sustainability. The NNPC GMD, speaking at the opening ceremony …
Read More »Proposed PIB will create sustainability in oil, gas sector – Slyva; Gas is future of Nigeria – Kyari, NNPC GMD
By Edith Ike-Eboh Abuja, Aug. 25,2020 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the proposed Petroleum Industry Bill (PIB), will create wide varieties of features that will drive sustainability of the oil and gas sector. Sylva stated this at the Virtual Nigeria Energy Transformation Summit (NEITS), …
Read More »Jamoh: Inter-agency Collaboration Surest route to Maritime Security · Visits Comptroller-General of Immigration
Intensifying the quest for cooperation among relevant government agencies in a bid to secure Nigeria’s maritime domain, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has visited Comptroller-General of the Nigeria Immigration Service (NIS), Muhammed Babandede, in Abuja, with a declaration that teamwork was …
Read More »Shell employees launch N82m free feeding programme at isolation centres
Employees of Shell companies in Nigeria have launched free feeding programme in COVID-19 isolation centres in seven states under the Shell Employee Care Programme, the General Manager External Relations of Shell Nigeria, Igo Weli, said in a statement issued on Sunday. “The programme has kicked off in Abia, Bayelsa, …
Read More »NIMASA Governing Board approves promotion of 9 Directors, 586 others
The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of 595 staff, including nine Directors. The promotions were approved at a meeting of the Board in Lagos chaired by Hon. Asita O. Asita. Nine Deputy Directors were elevated to substantive Directors on Grade …
Read More »Prudential Zenith Life donates $100,000 USD towards fighting effects of COVID-19 in Nigeria
Prudential Zenith Life Insurance has donated the sum of One Hundred Thousand United States Dollars (US$100,000) to Slum2School Africa to help combat the impact of the COVID-19 pandemic on education in disadvantaged communities in Nigeria. The donation was made through a Corporate Social Responsibility (CSR) Fund from the Prudence Foundation, …
Read More »Prevention, response to oil spills in the Niger Delta: The SPDC JV example
sThough Goal Zero in all spills, both operational and third- party vandalism, may not have been met by energy giant, Shell Petroleum Development Company of Nigeria, SPDC, statistics show that major advances have been made by the company in the areas of spill response and prevention in the Niger Delta …
Read More »How Total is supporting FG’s fight against COVID-19 — MD
By Solomon Asowata Lagos, Aug. 19, 2020 Mr Mike Sangster, Managing Director, Total E&P Nigeria Limited, on Wednesday said the International Oil Company (IOC) contributed $3.2 million (₦1.2 billion) in support of the Federal Government’s battle against COVID-19. Sangster made the disclosure while speaking at the virtual August Technical Presentation …
Read More »How I cleared over N35bn arrears of pension and gratuities as Anambra Governor — Obi
Former Governor of Anambra State, Mr. Peter Obi, has said that the details of how he cleared off over N35 billion in arrears of pension and gratuity had never and could not be in dispute as all the actions he took as Governor were all properly documented and would be …
Read More »Nigerian importers kick against surcharge on cargoes by international shipping firms …Surcharge is economic sabotage, insensitive, says Shippers’ Council
Importers in the country are currently groaning under huge surcharge imposed on them by the international shipping firms on cargoes imported from across the world into the country. The surcharge is adding to the high cost of doing business in Nigerian ports, coupled with the challenges of infrastructure deficiency and …
Read More »4 Simple steps your business can take to retain top talent By Andrew Bourne, Regional Manager, Africa, Zoho Corporation
The past few months have put organisations around the globe under unprecedented pressure. Few have been spared the economic fallout, with many unable to survive. Others have had to downscale and even those operating at full capacity have quickly had to adapt to new ways of working. Offices that were …
Read More »How Shell companies help host communities in Nigeria
Many do not know that the oil multi-national, Shell, in Nigeria has four companies either wholly-owned by it or in which it has an interest. Together, these companies are referred to as the Shell Companies in Nigeria (SCiN). They are Shell Petroleum Development Company of Nigeria Limited, SPDC, Shell Nigeria …
Read More »We’ll support NLNG Train 7 to succeed-Wike *Demands employment of Rivers indigenes
Rivers State Governor, Nyesom Ezenwo Wike has assured of government’s support to make the Nigeria Liquefied Natural Gas(NLNG) Train 7 project a success. Governor Wike made the promise when a delegation of the SCD Joint Venture Consortium of the Train 7 project, led by the Managing Director of NLNG, Tony …
Read More »At NCDMB’s 17 storey office building inauguration, Gov Diri urges Agip to relocate to Bayelsa
Gov Douye Diri of Bayelsa has urged the Nigerian Agip Oil Company (NAOC) to relocate its operational headquarters to Bayelsa where it operates most of its oilfields and Brass oil export terminal. Diri made the call on Thursday at the virtual inauguration of the 17 storey head office of the …
Read More »Chinese African loans in perspective: Facts, records, myths – Nigeria’s case By Dr. Kazeem Bello
There has been recent outcry about the Chinese loans for projects development in Nigeria and its implications for the sovereign Independence of the Nigerian Nation. The issue becomes more precarious when we consider this in the context of the legislative arm of government having different interpretations and conceptual understanding with …
Read More »Nigerian seaports set to commence 24 hours operations • As Heads of Maritime Agencies agree to implement intermodal transport for port efficiency
Heads of maritime agencies in Nigeria have agreed to work on modalities for a quick commencement of 24 hours operation at the ports. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday in Lagos while briefing the media after the second edition …
Read More »COVID-19: SERAP asks World Bank to ‘tread carefully in disbursing $114.28m credit for Nigeria’
Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and …
Read More »Apapa gridlock: Lagos donates land for trailer park as Sanwo-Olu inspects road projects
•We’ll restore life back to Apapa, Gov vows •Govt to eject illegal settlers under Iganmu intersection The disturbing gridlock created along Apapa corridor in Lagos State by heavy-duty trucks clogging the major highways may soon fade away, if the actions being taken by Governor Babajide Sanwo-Olu fully materialise. The Governor, …
Read More »ExxonMobil Nigeria gets new chief executive
Sunday Bassey Eket (Akwa Ibom), Aug. 8, 2020 ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria. Mr Ogechukwu Udeagha, Manager, Media and Communications, ExxonMobil confirmed in a statement in Eket. The three affiliates are Mobil Producing Nigeria Unlimited, …
Read More »NIMASA reiterates December deadline for single-hull tanker ban · Secures approval for CVFF disbursement
The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated that the country remains steadfast in its decision to stop the use of single-hull tankers by December 31 this year. Director-General of NIMASA, Dr. Bashir Jamoh, stated this on Thursday in Lagos during a meeting with the Shipowners Association of …
Read More »Coronavirus: CACOVID flags-off N23bn food palliatives distribution for 10m Nigerians
Nigeria’s Private Sector led Coalition Against COVID-19 (CACOVID) Thursday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to mitigate the adverse effects of the novel coronavirus pandemic on vulnerable Nigerians. The food relief materials for which the private sector operators are …
Read More »Nestle Nigeria Plc announces changes on its Board of Directors; Wassim Elhusseini is new MD
Nestlé Nigeria Plc has notified its shareholders, The Nigerian Stock Exchange, NSE, and the investing public of the appointment of its Managing Director, Mr. Mauricio Alarcon as the Market Head of Nestlé Central and West Africa Region comprising 25 countries with head office in Ghana, effective September 1, 2020. A …
Read More »CODECAMP Initiative: Unubiko Foundation empowers Abia youths
A non-governmental organization, Unubiko Foundation, is to select 20 youths across Abia state for this year’s #CodeCamp Youth Empowerment Programme, which starts on Monday August 10, 2020. In a statement by Unubiko Foundation in Umuahia on Thursday, July 30, 2020, Dr. Benjamin Isani, Project Director, said the #CodeCamp initiative is …
Read More »NDDC invites President Buhari to commission signature project
The Niger Delta Development Commission, NDDC, has invited President Muhammadu Buhari to commission the 29-kilometre Ogbia-Nembe Road in Bayelsa State. The road, built in conjunction with the Shell Petroleum Development Company, SPDC, creates a land link to the ancient city of Nembe for the first time. The Commission’s Director of …
Read More »