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Transport Professionals Vs Transport Sector Deficits

Transport Professionals Vs Transport Sector Deficits

By Kenneth Jukpor Like every sector of a nation’s economy, the success of transportation can be attributed to the quality representation and contribution of the professionals to the growth and development; however, Nigerian transport experts have been guilty of been ...

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How To Minimize The Risk In Supply Chain

How To Minimize The Risk In Supply Chain

Risk is has always been part of a business and the supply chain is not excluded. A business derives strength the chain of supplier it works with and it is imperative that it takes preemptive measures to reduce the risk ...

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NPA, BPE hands over Warri Port Terminal to new concessionaire

NPA, BPE hands over Warri Port Terminal to new concessionaire

  The Managing Director, NPA, Hajia HadizaBala Usman has handed over the possession of the Warri Port Terminal B to Ocean and Cargo Terminal Services Limited. The handing over ceremony which took place in Warri, Delta had Officials of the ...

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Caverton Responsible For Osinbanjo’s Helicopter Crash- AIB

Caverton Responsible For Osinbanjo’s Helicopter Crash- AIB

Amidst ongoing investigations on the helicopter crash conveying Nigeria’s Vice President, Prof. Yemi Osinbajo two weeks ago, the Accident Investigation Bureau, (AIB) has blamed Caverton helicopters for the crash. According to the initial reports released in Lagos by the AIB ...

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NAHCO Promises Shareholders Increased Returns

NAHCO Promises Shareholders Increased Returns

The Nigerian Aviation Handling Company Plc has promised its shareholders and customers increased returns and improved services. The Managing Director/Chief Executive Officer, NAHCO, Mrs. Olatokunbo Fagbemi, while speaking with journalists during a visit to the Nigerian Stock Exchange, said her ...

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CVFF: Ship-owners Synergy Key To Decide Investment – Jamoh

CVFF: Ship-owners Synergy Key To Decide Investment - Jamoh

Dr. Bashir Jamoh is the Executive Director, Finance and Administration at the Nigerian Maritime Administration and Safety Agency (NIMASA). After his investiture ceremony as President of the Chartered Institute of Transport Administrators (CIoTA) Nigeria, he granted an exclusive interview to ...

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CIS To Train Stockbrokers On Investment Analysis

Stock Market Sheds N196bn over Deferment of Polls

The Chartered Institute of Stockbrokers has revealed plans to train stockbrokers to enable them to understand the dynamics of technical analyses for capital market investment. The CIS, in a statement on Thursday last week, said the training was part of ...

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Tax Defaulters: FIRS Contravening Tax Laws – KPMG

Tax Defaulters: FIRS Contravening Tax Laws - KPMG

KPMG, one of the big four auditors in the world, says the Federal Inland Revenue Service has contravened the Companies Income Tax Act by freezing the accounts of suspected tax defaulters. KPMG said the FIRS had gone draconian by giving ...

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Banks’ Instant Pay Transactions Hit 2.5 Million On Val’s Day

Banks’ Instant Pay Transactions Hit 2.5 Million On Val’s Day

Bank customers carried out about 2.5 million transactions on Nigeria Interbank Settlement System Instant Pay platform recorded on Valentine’s Day, live updates provided by the NIBSS have shown. As shopping for gift items and visit to entertainment spots in the ...

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Oil: Nigerian Navy Laments Loss Of 277,040 To Illegal Bunkering

Oil: Nigerian Navy Laments Loss Of 277,040 To Illegal Bunkering

Nigerian Navy has said that the nation has lost over a whopping 277,040, barrels of crude oil from illegal oil bunkering activities in 2019. Chief of Training and Operations (COPP), Rear Admiral Mackson Makonju Kadiri, disclosed this during the first ...

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Niger Delta Militants Vow To Stop Oil Flows, Cripple Economy

Niger Delta Militants Vow To Stop Oil Flows, Cripple Economy

Militants under the aegis of the Niger Delta Avengers on Thursday threatened to halt crude oil flow from the Niger Delta and cripple the economy if President Muhammadu Buhari is re-elected. The group decried what it described as the “continuous ...

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Oil Production Falls To 1.99 Million Barrels

‘Developing nations to push oil demand to 130mbpd’

The Ministry of Petroleum Resources has announced that Nigeria’s crude oil production including condensate fell to 1.999 million barrels per day in January from 2.081 million bpd in December. Similarly, the Organization of Petroleum Exporting Countries (OPEC), in its latest ...

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Shell Discloses Plans To Support Imo State

Shell Discloses Plans To Support Imo State

In effort to contribute to the society where it operate, Shell Petroleum Development Company of Nigeria Limited (SPDC),  has disclosed its plans to release 11 billion naira worth of funds to 11 communities in Imo State, Nigeria,  to begin implementation of identified ...

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Odumakin Leads Discourse On Young Women And Elections

Odumakin Leads Discuss On Young Women And Elections

As part of efforts to promote democratic ethos and encourage young women’s participation in elections, American Centre, one of the agencies of the United States of America Mission in Nigeria, hosted the President of Women Arise and 2013 United States ...

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Nigeria wastes 42,160MW as transmission, distribution challenges linger

Nigeria wastes 42,160MW as transmission, distribution challenges linger

Challenges facing the Nigerian Electricity Supply Industry (NESI), have led to the wastage of about 42,160.87 mega watts (MW) of electricity out of the 88,566.43MW generated by power generation companies (GenCOs) last year.  Although the current administration had vowed to ...

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Shell invites bid for new FPSO in Bonga

Shell invites bid for new FPSO in Bonga

Shell Nigeria Exploration and Production Company (SNEPCo), has announced the release of Invitation to Tender (ITT), to contractors for the development of the Bonga South West Aparo (BSWA) oil field. This comes a day after the execution of the Heads ...

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Shell, NNPC Invite Bidders for $10bn Bonga South West Project

No Memo Directing Shell Oil Bloc Takeover - NNPC

NNPC Looks to India for Help in Repair of Refineries Exactly seven months after the Minister of State for Petroleum, Dr. Ibe Kachikwu, directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence ...

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2019 budget an opportunity for private sector to thrive, says Akabueze

2019 budget an opportunity for private sector to thrive, says Akabueze

Worried by the dwindling fortunes of Nigeria’s economy, the Director-General, Budget Office of the Federation, Ben Akabueze, has said the proposed N8.83 trillion 2019 national budget presents opportunities for the organised private sector to strive. Akabueze said this in a ...

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CBN eases Capital Pressure on Struggling Banks

CBN eases Capital Pressure on Struggling Banks

Nigeria’s central bank has given the country’s lenders some much-needed relief by extending the time they will have to implement stricter accounting rules for bad loans. Lenders in the West African country now have four years to absorb impairments arising ...

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Ashaka Cement to inaugurate N11bn 16MW power plant

Ashaka Cement to inaugurate N11bn 16MW power plant

Ashaka Cement Company, a subsidiary of Lafarge Africa Plc has unveiled plans to inaugurate a 16-megawatt power plant in order to improve and solve the country’s energy problem. The Managing Director, Ashaka Cement, Rabiu Abdullah Umar, who disclosed this while ...

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