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BEARS: Innocent Death

BEARS: Reckless Police Officer

To be crushed to death unexpectedly by a falling container while sitting in the comfort of your car is certainly not something anyone prays for. So when reports came that a 40-foot container fell off Ojuelegba Bridge, killing no fewer ...

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BULLS: Good Thinking

BULLS: Congrats Aisha & Obiageli

Following the directive by President Muhammadu Buhari to the Central Bank of Nigeria (CBN) to pay up all outstanding allowances and tuition fees owed Ex-Militants which had been delayed, the Amnesty Office has confirmed that the accounts of students studying ...

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Nigerian Army Uncovers Oil Bunkering Site Near Govt House

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

The Nigerian Army says it has uncovered a massive illegal oil bunkering site located one kilometre along the Nigerian Ports Authority (NPA) in Port Harcourt. Stevenson Olabanji, a Brigadier General and Commander of 2 Brigade of the Nigerian Army, Port ...

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Saudi Arabia Oil Politics: A Lesson For Buhari 

Saudi Arabia Oil Politics: A Lesson For Buhari 

It has been 9 months since OPEC decided not to scale back oil production and to permit its members to produce as much as they want. The result has been a tumultuous year for the crude oil market. Prices dropped from ...

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ANLCA Expresses Displeasure  Over New Customs Revenue Target  

ANLCA Sets 90-day Agenda For Incoming Executives

The Association of Nigerian Licensed Customs Agents (ANLCA), has expressed displeasure over the new N35 billion  weekly target of Customs which can only be generated through cargo clearance processes at the ports that many have adjudged as the most expensive ...

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Buhari Warns Of Economic Decline Due To Fall In Oil Prices

Credible Leaders: Ministerial List

President Muhammadu Buhari on Tuesday warned that with the fall in oil prices, Nigeria risked economic decline, if it failed to manage its resources prudently. Buhari gave the warning during a meeting with members of the Institute of Chartered Accountants ...

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FG To Use Drones, Lost N1.4tn To Oil Theft

Nigeria Aims To Pass Amended Petroleum Industry Bill - Minister

The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, said on Tuesday that the corporation was working towards the deployment of drones across the nation’s territorial waters to monitor the movement of oil bearing vessels. He expressed worry ...

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CBN says Nigeria Needs N9.6trn To Bridge MSME Funding

CBN Initiates EPIS To Encourage Cashless Transactions

The Central Bank of Nigeria’s (CBN) assistant director, Development Fund Department, Jonathan Tobin, said N9.6 trillion was needed to adequately fund Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Tobin said this on Tuesday in Abuja at a workshop on ...

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PENGASSAN Wants IOCs To Reconcile Debts, Taxes With Government 

Labour Should Intensify Struggle For Passage Of PIRB - Ex-PENGASSAN President

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is asking international oil companies (IOCs) to engage relevant agencies of government in reconciling their accounts and taxes, which may put them on war path with the Federal Government, ...

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Hot Money Threatens CBN’s FX Stabilisation Efforts

Hot Money Threatens CBN’s FX Stabilisation Efforts

As naira value falls again There are indications that the efforts of the Central Bank of Nigeria (CBN) at stabilising the foreign exchange (FX) may be threatened by the hot money in circulation chasing the dollars. Hot money is the ...

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Oil Industry: How Lawyers Aid Corruption

211 Global Oil And Gas Projects To Start Production In 2020 – Globaldata

A senior Advocate of Nigeria (SAN) and one of the lead discussants at a special session at the recent 55th Annual General Conference of the Nigerian Bar Association (NBA), Mr. Lucius Nwosu has disclosed that Nigerian lawyers are guilty of ...

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CRFFN Debunks Lack Of Relevance Claim

CRFFN Debunks Lack Of Relevance Claim

The Council for the Regulation of Freight Forwarders in Nigeria (CRFFN) has debunked claims that maritime institutions have lost confidence in the Council as alleged in a maritime publication, last week. In a statement signed by the head, Corporate Affairs, ...

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NIMASA INTRODUCES NEW MEDICAL CERTIFICATION FOR SEAFARERS

NIMASA INTRODUCES NEW MEDICAL CERTIFICATION FOR SEAFARERS

The Acting Director General of the Nigerian Maritime and Safety Agency, NIMASA, Mr. Haruna Baba Jauro has presented a body of documents to stakeholders in Lagos, being the new Seafarer’s Medical Certification Documents in compliance with extant requirements of the ...

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Customs CG-Ship: Why Buhari Picked Col. Ali

Customs CG-Ship: Why Buhari Picked Col. Ali

Tinubu Sulks, Holds meetings Fear Grips Customs Officers Stakeholders Surprised In a repeat of what the late head of state, Gen. Sani Abacha did in 1993, President Mohammed Buhari, last week, appointed a retired Military Colonel, Hammed Ibrahim Ali (retd) ...

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SON Introduces E-Platform

SON Introduces E-Platform

The unveiling of the integration of Standard Organisation of Nigeria’s Electronic Product Certificate (EPC) into the Nigeria Integrated Customs Information System (NICIS), with the Theme: Trade Facilitation via Automation of SON’s Services in Lagos, last week.

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Women Get Access Bank’s N11bn facility In One Year

Access Bank wins double recognition

Nigerian women entrepreneurs of various sectors of the economy have received Access Bank plc’s empowerment to the tune of over N11 billion loan advances within one year of introduction of its “W” initiative. A breakdown of the disbursement shows that ...

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Soaring Sophia

Soaring Sophia

The Chief Operations Officer (COO) of the Federal Airport Authority of Nigeria (FAAN), Mrs. Sophia Onwughara is a woman of many paths; she is a consummate Administrator and seasoned Finance Consultant and Analyst, with over a decade experience in the ...

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FG Approves Construction Licenses To 65 Private Refineries In Nigeria

Buhari Appoints Himself Petroleum Minister

President Muhammadu Buhari has granted licenses to 65 Nigerian private firms to construct modular refineries in the country. The successful companies were selected from about 285 applications that were screened for the purpose. The resolve by the president to award Licence ...

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Nigeria’s Crude Oil Exports To Hit High In October

PIB: Nigeria loses $235bn investments amid $9bn debt

Nigeria plans to export a total of at least 2.04 million barrels per day (bpd) of crude oil in October, the highest level this year, according to provisional loading programmes. The exports, which will load on 68 cargoes, could increase ...

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Senate Probes Unwholesome Practices In Power Sector

Ghana Beats Nigeria, Passes Petroleum Bill

As the dust raised over Senate’s probe of the EFCC, Nigeria Customs Service and FIRS is yet to settle, the upper chamber is set for yet again another probe. To this end, the Senate has inaugurated a committee to conduct ...

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