Daily Archives: September 10, 2020

NSC Cooperative Expends N150m On Child Education Loans In 2019

Shippers’ Council Instructs Shipping Lines To Publish Rotation Numbers Of Vessels

By Kenneth Jukpor In a bid to help members of staff at Nigerian Shippers’ Council (NSC) cater for their children school needs, the NSC Staff Multipurpose Cooperative Society paid over N150 million to applicants in 2019. The President of the ...

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APFFLON Condemns FG’s Move To Concession Customs

APFFLON Condemns FG's Move To Concession Customs

By Kenneth Jukpor The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has frowned at the secrecy with which the federal government to concession the Nigeria Customs Service (NCS) via a $3.1 billion contract Recall that the ...

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CBN makes e-marine insurance mandatory for Form M

CBN demands details of 12 top Nigerian businessmen, others’ domiciliary accounts

The Central Bank of Nigeria has made digital marine insurance certificate a mandatory requirement to obtain Form M. The bank disclosed this in a circular titled ‘Integration of digital marine insurance certificate with e-Form on the Nigeria trade portal’ issued ...

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Stock market falls further, investors lose N38bn

Stock market falls further, investors lose N38bn

Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note on Wednesday to sustain negative sentiment following losses recorded by some blue-chip firms. The market breadth equally closed negative, with seven gainers against 23 losers. ...

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Pipeline repairs cost NNPC N41.98bn in six months

Pipeline repairs cost NNPC N41.98bn in six months

The Nigerian National Petroleum Corporation has said it spent a total of N41.98bn on pipeline repairs and management cost in the first half of this year. The NNPC disclosed this in its latest monthly oil report, saying, “Products theft and ...

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I’ll confront Makinde over Ekiti PDP leadership, others –Fayose

I’ll confront Makinde over Ekiti PDP leadership, others –Fayose

The former governor of Ekiti State, Ayodele Fayose, has warned the Oyo State Governor, Seyi Makinde, against tampering with the leadership of Peoples Democratic Party in South-West states. Fayose insisted that the Oyo governor had no right to interfere in ...

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Malabu: FG asks Shell, Eni to pay $1.92bn damages

Malabu: FG asks Shell, Eni to pay $1.92bn damages

The Federal Government asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.09bn as an immediate advance payment for damages it is claiming in one of the oil industry’s biggest-ever corruption trials. Shell and ...

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