C&I Leasing Plc has sealed an agreement with the officials of Damen Shipyard and Export Credit Agency for the Netherlands, Atradius DSB. Chief Financial Officer, C&I Leasing Plc, Alex Mbakogu, who confirmed this in a statement, said the agency would …
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• Says contract was illegal ab initio The federal government has directed the Nigerian Ports Authority (NPA) to terminate the boats pilotage monitoring and supervision agreement that the agency has with Intels Nigeria Limited, a leading integrated logistics and facilities …
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; and Group Managing Director, Nigerian National Petroleum Corporation, Dr. Maikanti Baru, met on Tuesday for the first since their disagreement broke out and agreed on one thing – a petroleum …
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By Oyeniyi Iwakun In pursuance of its agenda to suppress smuggling and facilitate trade, The Nigerian Customs Service (NCS), Ogun State Command has announced the discovery of some smugglers hideouts in the Ogun forests and impounded eleven assorted vehicles with …
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A former president of the Nigerian Bar Association, Dr. Olisa Agbakoba (SAN), has sued the Federal Government for allegedly discriminating against the South-East geopolitical zone in its July 5, 2016 appointment into the board of the Nigerian National Petroleum Corporation. …
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The Economic and Financial Crimes Commission on Monday arraigned two oil marketers and their firms for an alleged fraud of N7.8bn. The defendants – Ogbor Eliot; Godwin Okoronkwo; Danium Energy Services Ltd.; and Petrosol Energy Ltd. – were arraigned on …
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A young Nigerian Attorney, Adaku Ufere has won the “Attorney of the Year” in the 2017 edition of the African Legal Awards. Adaku Ufere is the youngest ever, and first Nigerian winner of the Attorney of the Year award. She …
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The Federal Airports Authority of Nigeria and the Lagos State Emergency Management Agency have signed a Memorandum of Understanding for access to difficult terrains in cases of air emergencies in distances of about five nautical miles from the airport. The …
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The stage is set for the 2017 edition of the MMS Plus Woman of Fortune Hall of Fame (WoFHoF) as the Transportation Minister, Rt. Hon. Rotimi Amaechi and the Minister of Women Affairs and Social Development, Sen. Aisha Jumai Alhassan …
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A leaked memo from Nigeria’s minister of state for Petroleum Resources has shown that irregularities in the state-owned oil giant remain entrenched, despite official vows to root out the “cancer” of graft. Emmanuel Ibe Kachikwu wrote to President Muhammadu Buhari …
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Indications have emerged that the Federal Government’s plan to upgrade all the 22 airport terminals in the country will not be affected by the proposed concession of some of the airports. Our correspondent had reported that with the failure of …
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A total of 3,665 vehicles with duty paid value of N13.164bn were seized by the Nigeria Customs Service between 2015 and 2017, the Comptroller-General of Customs, Col. Hameed Ali (retd.), has said.. Ali stated this in a lecture on ‘Problems …
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By Kenneth Jukpor Women’s International Shipping and Trading Association (WISTA) Nigeria is set to hold a business luncheon and launch its annual quarterly journal on November 8, 2017 at the Civic Centre, Victoria Island, Lagos by 10am. The business luncheon …
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The Federal Government currently needs about $16bn to actualise some of the programmes already approved for the Ministry of Transportation. The Minister of Transportation, Mr. Rotimi Amaechi, disclosed this in an interview with State House correspondents after his meeting with …
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The Federal Government on Thursday completed the process required for the funding of the reconstruction and rehabilitation of 25 major economic roads in the six geopolitical zones of the country, using the N100bn sovereign sukuk. According to the government, each …
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Twenty-four hours after a letter he wrote to President Muhammadu Buhari was made public, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Wednesday joined his colleagues for the weekly Federal Executive Council meeting at the Presidential Villa, …
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Concerned about drag in the implementation of the Cabotage Act, stakeholders have requested the Nigerian Maritime Administration and Safety Agency to facilitate the disbursement and utilisation of the Cabotage Vessel Financing Fund for the purpose of developing indigenous shipping capacity. …
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Stakeholders in the nation’s oil and gas industry have said the passage of the Petroleum Industry Bill will present opportunities for the nation’s oil and gas industry. They spoke at a breakfast lecture, entitled ‘Petroleum Industry Bill: Challenges and opportunities,’ …
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The Nigeria Customs Service (NCS) has confirmed the promotion of five Deputy Comptrollers-General (DCG) of Customs and eight Assistant Comptrollers-General (ACG) of Customs. The Customs national Public Relations Officer (PRO) Joseph Attah made this known in a press statement made …
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The Federal Government is getting ready for the second concession of the Ajaokuta Steel Company. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, stated this on Tuesday during an interview with State House correspondents after he and the …
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