Home / 2019 (page 69)

Yearly Archives: 2019

NAMA Upgrades Communication Infrastructure, Provides 6 New VHF Radios

We’ve inaugurated landing instrument in Lagos, Abuja — NAMA

In a bid to improve its radio communication infrastructure across the country, the Nigeria Airspace Management Agency (NAMA) has provided machinery to replace all the Very High Frequency (VHF) radios at the existing eight (8) remote sites and also add ...

Read More »

FG To Provide Better Radio Communication For Airspace

FG To Provide Better Radio Communication For Airspace

The Federal Government promised to provide a first-rate radio communications system for the country in order to create a safe and efficient airspace. The Managing Director/CEO of the Nigerian Airspace Management Agency, Captain Fola Akinkuotu, who stated the government’s position, ...

Read More »

NUPENG warns Buhari govt against IMF, states demand on NMW

Tanker drivers, others to get 1,000 sanitisers per week –NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has reiterated its warning on the advice by the International Monetary Fund (IMF) that Nigeria should remove oil subsidy. Its President, Williams Akporeha, said this in a state of the ...

Read More »

TCN losses 45MVA power transformer to inferno in Apo substation

TCN losses 45MVA power transformer to inferno in Apo substation

Restores normal bulk power transmission Fire outbreak at the Apo transmission station has affected 45MVA transformer, although the fire was brought under control, based on preliminary information.  Transmission Company of Nigeria, TCN assured that it has restored normal power transmission ...

Read More »

Stock market defies Q1 earnings, slumps by 1.2%

Selloff persists in equities market as index plunges further by 0.12%

Activities on the floor of the Nigerian Stock Exchange (NSE), last week, showed sustained volatility, with almost four days of bearish transactions, despite the influx of first quarter (Q1) earnings’ reports submitted by listed companies. Specially, the All-Share Index depreciated ...

Read More »

Apex bank to unveil frameworks on clean, fit bank notes

CBN extends accounts submission deadline for MfBs, others

The Central Bank of Nigeria (CBN) would be taking its campaign for clean and fit banknotes a notch higher with the launch of the Clean Note Policy and Banknote Fitness Guidelines. The documents would be unveiled by CBN Governor, Godwin ...

Read More »

BULLS: Sacrificial Senators

BULLS: Sacrificial Senators

The Senator representing Rivers East in the Senate, Andrew Uchendu  (APC), has suggested that in order to curb crimes and prevent long-term consequences, senators should dispose three of the five vehicles they each own and use the proceeds to empower the ...

Read More »

BEARS: Murderous Security Operatives

BEARS: Murderous Security Operatives

There has been unending killings of innocent citizens by security operatives in the country. It has become the norm and the government seems to be taking the issue with levity.  Last week, a Customs officer identified as Pereto Ayabowei from ...

Read More »

Apapa Access Mayhem: How NPA Fuels Port Access Crisis – NARTO

Apapa Access Mayhem: How NPA Fuels Port Access Crisis – NARTO

· NIWA reveals strategy to get 1000 trucks off Lagos ports · Anticipates new legislation, funds to guarantee transformation By Kenneth Jukpor Despite its numerous efforts to rid the Lagos port access roads of the perennial gridlock, the Nigerian Ports Authority (NPA) ...

Read More »

Tinulistic Tinuade

Tinulistic Tinuade

Ms. Tinuade Awe is the Executive Director, Regulation at the Nigerian Stock Exchange (NSE). Prior to attaining the position of Executive Director at NSE, she was the General Counsel and Head of the Legal and Regulation Division, overseeing the activities ...

Read More »

Maximizing Potentials For Nigeria’s IMO Council Bid

Maximizing Potentials For Nigeria’s IMO Council Bid

When Nigeria lost its bid to get re-elected into category ‘C’ of the International Maritime Organization (IMO) Council in December 2017, it was the third consecutive time the nation lost in the quest to be re-elected into IMO. Recall that ...

Read More »

Air Freight: The Need For Digitalization

Air Freight Crisis: NAHCO, SAHCO Initiate Private Monopoly With 40% Hike In Charges

Air freight is a key enabler of cross border trade which becomes especially critical for express deliveries, long-distance and efficient transportation of sensitive and critical goods. The air cargo industry has been slow to embrace digitization. While passenger airlines offer ...

Read More »

NNPC Shifts 40 Billion Oil Reserves Target To 2025

Buhari removes Baru, appoints Kyari as NNPC GMD

The Nigerian National Petroleum Corporation has said it seeks to increase the nation’s crude oil reserves to 40 billion barrels and production capacity to four million barrels per day by 2025. The Federal Government in 2010 set the target of ...

Read More »

Q1 Rating: How Did NRC, MAN Oron Perform?

Q1 Rating: How Did NRC, MAN Oron Perform?

By Kenneth Jukpor MMS Plus presents the scorecard of transport sector agencies based on their performance in the first quarter of 2018 with regards to their core functions. In this week’s appraisal we x-ray the Nigerian Railway Corporation (NRC) and Maritime ...

Read More »

How Nigeria Can Earn More From Agro-Exports – Kossonou

How Nigeria Can Earn More From Agro-Exports – Kossonou

By Kenneth Jukpor Mr. Noel Kossonou is the Policy Facility Manager of West African Food Markets Programme. During the launch of the Economic Community of West African States (ECOWAS) Trade Liberalization Scheme ‘ETLS’ handbook by Nigerian Shippers’ Council (NSC) in ...

Read More »

Chevron’s Oil Wells Catch Fire In Ondo

Chevron’s Oil Wells Catch Fire In Ondo

No fewer than five oil wells, belonging to Chevron Nigeria Limited, in some communities in Ilaje Local Government Area of Ondo State, caught fire on Thursday. A source disclosed that the fire started in the Ajegunle Ikorigho community and spread ...

Read More »

NIWA, Lagos Govt Conclude MoU To Curb Rift

World Ocean Day: NIWA, WIMA Nigeria Advocate Cleaner Waters

By Kenneth Jukpor As part of efforts to amicably resolve the agelong fracas between the National Inland Waterways Authority (NIWA) and the Lagos State Waterways Authority (LASWA), NIWA and the Lagos State Government are concluding negotiations for a Memorandum of ...

Read More »

NNPC Adds 215,000 bpd To Address Deficit Of Petrol

Nigeria saves N673b from refining oil abroad

In order to address the shortfall in the supply of petrol, the Nigerian National Petroleum Corporation (NNPC) said it had resolved to add 215,000 barrels per day (bpd) refining capacity to its existing nameplate of 445,000 barrels of crude oil ...

Read More »

JTF Pull Down Biggest Illegal Oil Refineries in Delta

JTF Pull Down Biggest Illegal Oil Refineries in Delta

Operatives of the Joint Task Force (JTF) code-named Operation Delta Safe (OPDS) have destroyed, what is considered as the biggest operated illegal refineries covering over 20 kilometres, located between Ogevugbe and Otujeremi in Ughelli North Local Government area of Delta ...

Read More »

AIB Releases Final Report On Delta A330 Engine Fire Incident

  The Accident Investigation Bureau (AIB) has released the report on the serious incident involving an Airbus A330-223 aircraft operated by Delta Air Lines attributing the casual factor to an over-temperature condition and localized fire within the No. 1 engine ...

Read More »
× Get News Alert