NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Felix...
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Coscharis Motors Set For 2024 West Africa Automotive Show

Coscharis Motors Set For 2024 West Africa Automotive Show

Coscharis Motors has announced plans to be part of the West Africa Automotive Show (WAAS), scheduled to hold at the Landmark Event Center in Lagos from May 14th to 16th, 2024. As one of the premier dealerships in Nigeria when...
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Gunmen Kill Three Okomu Oil Workers

Gunmen Kill Three Okomu Oil Workers

Three staff of Okomu Oil Palm Company Plc, Edo State have been killed. The Public Relations Officer of the company, Fidelis Olise, who confirmed the development explained that the killing was done by “unknown persons.”He stated the company enjoyed a...
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TUC Threatens Nationwide Shutdown

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....
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Lagos Marks 359 Distressed Buildings For Demolition 

Lagos Marks 359 Distressed Buildings For Demolition 

The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr. Olajide Babatunde has said that any building in Lagos State without building approvals will be pulled down by the State Building Control Agency (LASBCA), after the...
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MT Prestigious Still In Custody Of Navy, Says Firm

MT Prestigious Still In Custody Of Navy, Says Firm

Newcross Exploration And Production Limited, has refuted reports on the release of MT Prestigious by the Nigerian Navy.According to the firm, the Vessel apprehended by a private security firm for allegedly stealing crude oil by a Niger-Delta Group, the Niger.....
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Tinubu To Commission Funtua Inland Dry Port

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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NNPCL Cautions Against Panic Buying

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate C...
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CBN Directs Banks To Charge 0.5% Cybersecurity Levy

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...
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NDLEA Smashes Drug Syndicate

NDLEA Smashes Drug Syndicate

The National Drug Law Enforcement Agency (NDLEA) has smashed an international drug syndicate with networks in parts of Nigeria, South Africa and Thailand Meanwhile, no fewer than five members of the cartel were arrested in a two-week intelligence led operation...
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Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria.   Speaking at an event organized by the National Council on Nutri...
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Firm Orders Six Cargo Ships

Firm Orders Six Cargo Ships

French sailing freight transport company, TransOceanic Wind Transport (TOWT) has ordered six additional vessels from compatriot shipbuilder Piriou. The newbuilds are expected to debut in 2026 and 2027, TOWT said. The order comes as the company prepares to comm...
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Ikoyi Towers’ Squatters Get 48-Hour Quit Notice

Ikoyi Towers’ Squatters Get 48-Hour Quit Notice

The Lagos State Government has given a 48-hour quit notice to illegal occupants of abandoned Ikoyi Towers in Lagos Island.  The state’s Commissioner for Environment and Water Resources Tokunbo Wahab gave the notice on Saturday during an inspection of so...
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