Federal Archives — Page 91 of 138

May 4, 2017 No Responses

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million. Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...

May 3, 2017 No Responses

CBN sanctions First Bank, GTB, others over alleged forex infractions

The Central Bank of Nigeria (CBN) on Tuesday barred 15 commercial banks from dealing in foreign exchange through the recently created Small and Medium Enterprises (SMEs) wholesale forex window. According to the CBN, the decision which is with immediate effec...

May 3, 2017 No Responses

NECA explains inability to pay national minimum wage

Nigeria Employers’ Consultative Association (NECA) has urged Stakeholders in the Socio-labour community and players in the Nigerian Industrial Relations’ System to be circumspect in their approach to the heated issue on the review of the National M...

May 2, 2017 No Responses

Nigeria LNG exports landmark 4000th cargo

Nigeria LNG Limited (NLNG) on Monday, May 1st, 2017 reached another major milestone with the exportation of its 4000th cargo of Liquefied Natural Gas (LNG) from its Bonny Island Terminal in Rivers State to Mamara LNG Terminal in Turkey, which...

May 2, 2017 No Responses

Osinbajo: Nigeria’ll become self-sufficient in Rice production in 2018

Nigeria will become self-sufficient in rice production by the end of 2018, Vice President Yemi Osinbajo has said. Speaking on Monday at the Platform, a yearly conference organised by the Christian Covenant Centre, in Lagos, Osinbajo said: “If all...

May 2, 2017 No Responses

FG pledges speedy passage of new wage bill as workers demand N65,000 minimum montly salary

The Federal Government on Monday in Abuja assured workers of speedy passage of the new National Minimum Wage. Meanwhile, workers under the aegis of Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) asked employers for a review of...

May 2, 2017 No Responses

Proceed on medical leave, Falana, others, tell Buhari

Pro-democracy and civil society activists have advised President Muhammadu Buhari to proceed on medical leave immediately. In a statement on Monday, the activists explained that they were compelled to give the advice based on media reports that President Buhar...

May 1, 2017 No Responses

Reps to pass new minimum wage bill as ULC faults exclusive list report

The Speaker of the House of Representatives, Yakubu Dogara has reinterated the commitment of House to pass a new minimum wage bill. In a message to mark the 2017 Workers’ Day, Dogara explained that increasing workers’ salary and wages...

April 29, 2017 No Responses

Road accidents claim 1,466 Nigerians in three months

Not less than 1,466 Nigerians died as a result of road accidents between January and March, this year. According to the National Bureau of Statistics (NBS), 1,363 of the 1,466 Nigerians that got killed in the period were adults. NBS...

April 28, 2017 No Responses

NPA reiterates determination to lift infrastructural development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the organization’s determination to lift the NPA in terms of infrastructural development and rehabilitation. Usman explained that issues concerning the Safety and Se...

April 28, 2017 No Responses

AAMA: Ship owners seek support for NIMASA DG

April 27, 2017 No Responses

NPA boss implores management team on reform agenda, global best practices

By Moses Ebosele – To make Nigerian Seaports competitive, efficient, effective and up-to-date in global best practices, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has challenged the organisations’s Executive and Ma...

April 27, 2017 No Responses

Transcorp declares 20 % growth in revenue

For the first quarter ended March 31, 2017, Transnational Corporation of Nigeria Plc (Transcorp), has announced total revenue of N13.2billion representing a 20% increase when compared to the Group’s performance of N15.8billion in the corresponding period of...

April 27, 2017 No Responses

TUC condemns call for removal of minimum wage from concurrent list

The Trade Union Congress of Nigeria (TUC) has condemned reported call for the removal of National Minimum Wage from the Exclusive list to the Concurrent list by “the House of Representatives in a bill being sponsored by one of its...