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Daily Archives: June 4, 2019

NIWA Signs MoU With NEXIM Bank, Sealink To Evacuate Cargoes Via Waterways

World Ocean Day: NIWA, WIMA Nigeria Advocate Cleaner Waters

As part of efforts to bridge the infrastructure gap and provide an alternative mode of evacuation of goods from seaports via the nation’s inland waterways, National Inland Waterways Authority (NIWA), the Nigeria Export-Import Bank (NEXIM) and Sealink Promotional Company Limited ...

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NNPC conceals outcome of Gongola oil search 120 days after

NNPC conceals outcome of Gongola oil search 120 days after

The Nigerian National Petroleum Corporation (NNPC) has failed to announce results of drilling activities at the spud-in of Kolmani River-II Well in Gongola Basin of Upper Benue Trough, kicked off early this year by President Muhammadu Buhari. Its Group Managing ...

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Workers kick against Gwarzo’s reinstatement as SEC’s chief executive

Workers kick against Gwarzo’s reinstatement as SEC’s chief executive

The Senior Staff Union of the Securities and Exchange Commission (SEC) has protested against the reinstatement by the National Industrial Court of its suspended Director-General, Alhaji Mounir Gwarzo. Addressing reporters during the brief protest which led to the locking up ...

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Court strikes out suit against CBN on stamp duty collection

Court strikes out suit against CBN on stamp duty collection

A federal High Court, Lagos, has struck out a suit against the Governor of Central Bank of Nigeria (CBN) challenging its circular of January 15, 2016 directing and authorising all Deposit Money Banks (DMBs) and other financial institutions to enforce ...

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Court halts sacking of Tinubu, Boyo as Oando directors

Court halts sacking of Tinubu, Boyo as Oando directors

A federal High Court, Lagos has restrained the Security and Exchange Commission (SEC) from taking any step concerning its imposition of a fine of N91,125,000.00 on the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, and barring him ...

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