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Daily Archives: June 19, 2020

WISTA Nigeria Commiserates With Patron Ihenacho Over Akinwusi’s Demise

How Political Interference Mars Nigerian Ports Sustainability - Ezeoke

Women’s International Shipping and Trading Association (WISTA) Nigeria commiserates with its Patron and Chief Executive Officer, Integrated Oil and Gas Limited, Capt. Emmanuel Ihenacho, following the demise of Mr. Julius Sunday Akinwusi. Akinwusi who was the Group Chief Finance Officer ...

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Seafarers Petition NIMASA Over Unpaid Salaries

Seafarers protest prolonged stay aboard vessels

As Ship-owner issues dud cheques By Kenneth Jukpor   Merchant Seafarers Association of Nigeria (MSAN) has written a petition to the Nigerian Maritime Administration and Safety Agency (NIMASA) over unpaid salaries of seafarers onboard a Nigerian ship, MT ADEBOMI1 one ...

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Seplat transfers assets to subsidiary, says strategy intact

Seplat transfers assets to subsidiary, says strategy intact

Seplat Petroleum Development Company Plc announced on Thursday the completion of transfer of the business activities and assets of Oil Mining Leases 4, 38 and 41 to its wholly-owned subsidiary, Seplat West Limited. The oil firm disclosed this in a ...

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Experts canvass funding for regulatory agencies to reduce dependence on levies

Experts canvass funding for regulatory agencies to reduce dependence on levies

Experts have stressed the need for regulatory agencies to be better funded by government, to reduce their dependence on fees, fines and levies from businesses to run their operations have been canvassed. In separate interviews with The Guardian, they argued ...

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GBfoods, CBN, others complete N20bn tomato processing factory

CBN debits banks N122bn, moves to unify exchange rates

GBfoods, a culinary products manufacturer, in partnership with the Central Bank of Nigeria, the Kebbi State Government and the Emirate of Yauri, has completed the building of a N20bn tomato processing factory, in Kebbi State. A statement from GBfoods says ...

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Domestic flights can’t resume June 21 – FG

Fault N1.7b consultation fee award

The Federal Government on Thursday said it was not feasible to open the airspace for commercial flights to begin operations again on June 21, 2020. According to the government, it will be disastrous to allow domestic flights begin operations from ...

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New operator targets Nigeria’s $80 billion telecoms market

New operator targets Nigeria’s $80 billion telecoms market

A new telecommunications operator is poised to enter Nigeria’s $80 billion telecoms industry as the fifth largest firm. Specifically, Orange, the largest telecommunications operator in France, says it is making plans to expand its operations to Nigeria, and South Africa. ...

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Delta to float modular refinery, revives others

Delta to float modular refinery, revives others

• Reviews 2020 budget due to COVID-19 pandemic Delta State Government has approved the setting up of a modular refinery, and commencement of work at an agro-industrial park in the state, which will be funded from an N8billion loan from ...

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Buhari orders release of N19.6bn for East-West Road

China reversing Nigeria’s infrastructural deficit, says Buhari

The President, Major General Muhammadu Buhari (retd.), has directed that N19.67bn be released to fast-track the completion of section I-IV of the East-West road project. Minister of Niger Delta Affairs, Godswill Akpabio, said the President also directed that the project ...

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