Nigeria Will Sustain Investments In Aviation Safety, Security, Says Buhari

Nigeria Will Sustain Investments In Aviation Safety, Security, Says Buhari

More investments will be deployed to the provision of infrastructure and facilities for safe, secure, environmentally friendly and sustainable civil aviation in Nigeria, President Muhammadu Buhari has said.   The president stated this when he received the Secretary General of...
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Samsung Secures Order For 11 New LNG Carriers

Samsung Secures Order For 11 New LNG Carriers

South Korean shipbuilders Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries have won orders for a total of seven new LNG carriers.   On 17 May, KSOE said it won a $910 million (1.17 trillion KRW) order to construct...
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NCDMB To Host Summit On Midstream, Downstream Operations

NCDMB To Host Summit On Midstream, Downstream Operations

 By Moses Ebosele, ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing...
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Dangote Cement Declares N413.2b Revenue,  ₦105.9b Profit In Q1

Dangote Cement Declares N413.2b Revenue, ₦105.9b Profit In Q1

For the first quarter (Q1) of 2022 ended March 31, 2022, Dangote Cement Plc recorded unaudited 24.2 percent increase in revenue and an 18 percent increase in profit after tax, amounting to N413.2 billion revenue and profit after tax of₦105.9 billion...
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NPA May Revoke Concession Agreement  

NPA May Revoke Concession Agreement  

The Nigerian Ports Authority (NPA) has disclosed that five terminal operators are being monitored to ensure they do the right things as regards their commitment and obligations as agreed under the Port Concession agreement.    Speaking at an interact...
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NPA Partners NLNG On Vessel Traffic Services

NPA Partners NLNG On Vessel Traffic Services

By  ebosele@hotmail.com The Nigerian Ports Authority (NPA) is working closely with the Nigeria Liquefied Natural Gas (NLNG) to deploy Vessel Traffic Services (VTS) in Bonny.    Already, arrangements are being put in place for survey as part...
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NLNG Tops Tax Compliance Firms In Nigeria

NLNG Tops Tax Compliance Firms In Nigeria

The Federal Inland Revenue Service (FIRS), on Monday, listed Nigeria’s top-performing taxpayers in the year 2021 and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social cont...
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SAHCO Wins Best Performing Stock Award

SAHCO Wins Best Performing Stock Award

Skyway Aviation Handling Company Plc (SAHCO) has won the award of “Best Performing Stock” for the year 2021 at the Nigerian Investor Value Awards 2022 (NIVA) hosted by BusinessDay and the Nigerian Exchange (NGX).    A statement issued by Man...
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Bus Driver Bags Life Imprisonment For Sexually Assaulting Five-Year-Old Pupil

Bus Driver Bags Life Imprisonment For Sexually Assaulting Five-Year-Old Pupil

An Ikeja Domestic Violence and Sexual Offences Court on Monday sentenced a school bus driver, Tony Akpan to life imprisonment for sexually assaulting a five-year-old pupil.   Justice Abiola Soladoye in her judgment, held that the prosecution had overwhelming ...
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Nigerian Army Pulls Out 14 Infantry Generals From Active Service

Nigerian Army Pulls Out 14 Infantry Generals From Active Service

The Nigeria Army (NA) on Friday pulled out 14 Infantry generals from active service in a colourful ceremony in Kaduna.The retired officers who were pulled out in a parade at the Jaji Military Cantonment, Kaduna, consisted eight Maj-Generals and six...
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Navy Seeks Speedy Trial Of Sea Pirates, Arrested Vessels

Navy Seeks Speedy Trial Of Sea Pirates, Arrested Vessels

The Nigerian Navy has called on the nation’s judiciary to ensure a speedy trial of sea pirates and other suspected criminals involved in illegal bunkering activities on the nation’s maritime environment.   Chief of the Naval Staff, Vice Adm. Awwal...
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Okomu Oil Appeals To Host Communities For Protection

Okomu Oil Appeals To Host Communities For Protection

The management of Okomu Oil Palm Company Plc has appealed to its host communities to protect it from incessant attacks and stealing by thieves.   The company, headquartered in  Okomu in Ovia South West Local Government Area of Edo, is...
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DMO Lists N225b FGN Bond For Subscription By Auction

DMO Lists N225b FGN Bond For Subscription By Auction

The Debt Management Office (DMO) has announced an offer of three Federal Government of Nigeria (FGN)  bonds valued at N225bn, for subscription through auction.   The DMO announced the bonds offer in a statement on Thursday.   The offers are...
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Nigeria Withdraws From International Basketball Competitions For Two Years

Nigeria Withdraws From International Basketball Competitions For Two Years

President Muhammadu Buhari has approved the withdrawal of Nigeria from all international basketball competitions for a period of two years with immediate effect.   Sunday Dare, the Minister of Youth and Sports Development, disclosed this while briefing ne...
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