Category: News

Firm Secures $2.67b Contract For 12 Containerships
July 19, 2024 No Responses

Firm Secures $2.67b Contract For 12 Containerships

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD KSOE’s two subsidiaries, HD Hyundai Heavy Industries and HD Hyundai...
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Minimum Wage: Why Labour Accepted ₦70,000, By NLC, TUC
July 19, 2024 No Responses

Minimum Wage: Why Labour Accepted ₦70,000, By NLC, TUC

The Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years, the President of the Nigeria Labour Congress...
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NLNG Reacts To Reports On Tax Appeal Tribunal’s Ruling
July 18, 2024 No Responses

NLNG Reacts To Reports On Tax Appeal Tribunal’s Ruling

The Nigeria Liquefied Natural Gas (NLNG) has refuted reports alleging that Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT) settlement for 2016.Reacting to the reports,...
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TotalEnergies Divests Interest In SPDC JV, Retains Gas Supply To NLNG
July 18, 2024 No Responses

TotalEnergies Divests Interest In SPDC JV, Retains Gas Supply To NLNG

TotalEnergies EP Nigeria has signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria. SPDC JV is an unincorporated joint venture between Nigerian National Petroleum Corporation...
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NIMC, Online Publishers Roundtable: Implications and Future Directions
July 18, 2024 No Responses

NIMC, Online Publishers Roundtable: Implications and Future Directions

By Walter Duru, Ph.D — The digital age has reshaped how we consume and disseminate information, with online media playing a crucial role in shaping public perception and opinion. Recognizing this, the National Identity Management Commission (NIMC), with ...
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Auto Stakeholders Commence Exhibition Of  Made-In-Nigeria Vehicles 
July 17, 2024 No Responses

Auto Stakeholders Commence Exhibition Of  Made-In-Nigeria Vehicles 

The Nigeria Automotive Industry Stakeholders Conference, anchored by Value Plus Creation and Data Technology Managers in collaboration with the National Automotive Design and Development Council (NADDC), on Wednesday, 17th July,  2024, commenced profiling...
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Edo Appeals Judgment On Deputy Governor
July 17, 2024 No Responses

Edo Appeals Judgment On Deputy Governor

The Edo State Government has said the incumbent Deputy Governor of the State, Omobayo Marvellous Godwins remains and continues to serve as the valid deputy Governor of the State pending the hearing of the appeal of the judgement that faulted...
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Edo: Court Reinstates Shaibu As Deputy Governor
July 17, 2024 No Responses

Edo: Court Reinstates Shaibu As Deputy Governor

Justice James Omotosho of the Federal High Court in Abuja on Wednesday, voided the impeachment of Phillip Shuaibu as the Deputy Governor of Edo State.Justice Omotosho, while delivering judgment in the suit, ordered that Shaibu be reinstated to office because.....
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FG, States, LGs Share N1.354tri
July 17, 2024 No Responses

FG, States, LGs Share N1.354tri

THE Federation Accounts Allocation Committee (FAAC) has shared N1.354 trillion June revenue among the Federal Government, states and Local Government Councils (LGCs).The revenue was shared at the July meeting of FAAC, held in Abuja and chaired by the Minister ...
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Access Bank Raises N442b Capital Through Syndicated Tier II Facility
July 17, 2024 No Responses

Access Bank Raises N442b Capital Through Syndicated Tier II Facility

Access Bank Plc has announced its partnership with the Dutch Entrepreneurial Development Bank (FMO).  The occasion marked the signing of a monumental syndicate Tier II Facility agreement of USD295 million (the equivalent of about N442,500,000,000), underscori...
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Chery Partners ILOT On UEFA EURO 2024 Championship
July 17, 2024 No Responses

Chery Partners ILOT On UEFA EURO 2024 Championship

Carloha, sole representative of Chery vehicles in Nigeria has announced its strategic partnership with ILOTBET, a leading sports business company.  The partnership is centered around the ‘Predict and Win’ promo for the UEFA EURO 2024 Champion...
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NDDC Boss Harps On Effective, Professional Workforce
July 16, 2024 No Responses

NDDC Boss Harps On Effective, Professional Workforce

Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has stressed the importance of an effective and professional workforce duly equipped with skills and well-motivated by sustainable wages to drive the Commission’s efforts to...
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FG Tasks New NEITI Board On Resource Mobilisation
July 16, 2024 No Responses

FG Tasks New NEITI Board On Resource Mobilisation

The Federal Government has challenged the newly reconstituted Board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to strengthen the agency’s drive towards domestic resource mobilization.  Secretary to the Government of the Federat...
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Edo Sacks Health Commissioner
July 15, 2024 No Responses

Edo Sacks Health Commissioner

The Edo State Governor, Mr. Godwin Obaseki, has approved the disengagement of the Commissioner for Health, Dr. Samuel Alli, with immediate effect.In a statement, the Secretary to the State Government, Osarodion Ogie Esq., also announced the appointment of Dr. ...
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