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Daily Archives: November 3, 2018

How I Earned Respect Of My Superiors As A Young Lawyer – Mbanefo

How I Earned Respect Of My Superiors As A Young Lawyer - Mbanefo

By Kenneth Jukpor Mrs. Monica Mbanefo is a lawyer with over 45 years experience, 38 of which have been in the transport and maritime industry where she has been at the hub in the formulation of polices at national, intergovernmental ...

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CBN Fixes N5bn Capital Base For Payment Service Banks

CBN Fixes N5bn Capital Base For Payment Service Banks

The Central Bank of Nigeria has stipulated N5bn minimum capital requirement for the Payment Service Banks in the country. In a circular to all stakeholders on the guidelines for licensing and regulation of the PSBs, which was released on Thursday ...

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NSE Suspends Trading In Unity Bank, Five Others’ Shares

Stock market index depreciates by 0.14%

The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Plc and five other listed companies. The Head, Listings Regulation, NSE, Godstime Iwenekhai, in a statement on Thursday, said the companies were suspended for failing to file ...

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Fraudsters Collecting Death Benefits Of Living Workers — PenCom

Fraudsters Collecting Death Benefits Of Living Workers — PenCom

Some unidentified fraudsters under the disguise of being relatives of workers and retirees under the Contributory Pension Scheme have been approaching Pension Fund Administrators to collect the pensions of contributors. According to information obtained from the National Pension Commission, the ...

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55Million Litres Of Petroleum Products Evacuated From Depots Daily – PPMC

55Million Litres Of Petroleum Products Evacuated From Depots Daily – PPMC

The Managing Director, Petroleum Products Marketing Company (PPMC), Mr. Umar Aliyu has disclosed that 55,000,000 litres of petroleum products are evacuated from various depots in the country, with a total of 1,500 trucks lifting the products to hinterlands on a ...

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NLNG, Shell, Mobil Partner To Provide Electricity In Bonny

NLNG, Shell, Mobil Partner To Provide Electricity In Bonny

The Nigerian Liquefied and Natural Gas (NLNG), Shell Petroleum Development Company (SPDC) and Mobil, have signed a memorandum of understanding (MoU) to provide uninterrupted power supply to Bonny, in Rivers State which hosts NLNG’s plants. The firms in a paper ...

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House Committee Summons NNPC, Others Over Oil Trading Deal

House Committee Summons NNPC, Others Over Oil Trading Deal

The House of Representatives Committee on Petroleum Resources (Downstream) has summoned the Nigerian National Petroleum Corporation (NNPC), its subsidiary, Duke Oil, and two other firms, Alkhairi Oil and Mahart Petroleum over allegations of shady crude oil trading deals. The summons ...

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Baru Charges NAPE To Find More Oil In Nigeria

NNPC eyes over 14% control of downstream retail market

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikati Baru, has charged members of the Nigerian Association of Petroleum Explorationists (NAPE) to deploy their wealth of knowledge and experience to find more crude oil to ...

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SAHCOL Constructs Ground Support Equipment

SAHCOL Constructs Ground Support Equipment

The Skyway Aviation Handling Company Limited (SAHCOL) team has built a Ground Support Equipment from scratch at the SAHCOL Engineering and Maintenance workshop to fuelAviation Ground Support equipment in Lagos. The fuel bowser is the first in the history of ...

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Elegant Caro Ufere Exits NPA

If you see Chief Mrs. Caro Akum Ufere congratulate her!  It was in this mood that we all gathered to appreciate  God’s favour and protection in her life penultimate  Saturday, 27th October, 2018 at Catholic Church of the Holy Spirit, ...

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NIMASA To Enforce 0.5% Sulphur Limit On Bunker Fuel

NIMASA To Enforce 0.5% Sulphur Limit On Bunker Fuel

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Agency will enforce strict compliance to the International Maritime Organization regulation which puts a maximum of 0.5%  sulphur cap  on all ...

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