Information Archives — Page 351 of 478

February 22, 2018 No Responses

INTELS Remits $42.6m Into TSA, NPA Awaits Payment Confirmation For $14.5m

The contract termination controversy between INTELS Nigeria Limited and the Nigerian Ports Authority (NPA) may have eased off ‎following the payment of $42.6 million (N13.2 billion) by INTELS into the NPA’s Treasury Single Account (TSA). The Managing Director of NPA,...

February 22, 2018 one Response

FG approves $6.7b for construction of Ibadan – Kaduna standard gauge railway project

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, on Wednesday approved 6.7billion dollars for the construction of Ibadan-Kaduna standard gauge railway project. Addressing State House correspondents on the outcome of the meeting...

February 22, 2018 one Response

Army Rescues Yobe School Girls

Some of the schoolgirls abducted by Boko Haram insurgents at Government Girls secondary school Dapchi in Yobe have been rescued by the army. Alhaji Abdullahi Bego, Director General to Yobe governor on Press affairs, disclosed this in a press statement...

February 21, 2018 one Response

Nissan Team In Nigeria, Discusses Modalities for Vibrant Auto Market

As part of on-going appraisal of its vehicle assembly project in Nigeria, Nissan Motor Company has deployed a high-powered delegation from its headquarters in Japan to discuss compelling strategies with the National Automotive Design and Development Council (N...

February 21, 2018 No Responses

‘Replicate NLNG Model To Increase Gas Sector Opportunities’

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate opportunities for the power and gas sectors in the country. Mai-Bornu spoke at an...

February 21, 2018 No Responses

Ex-GTBank Staff Docked Over Alleged N5.8m Theft

A 32-year-old ex-banker, Isaac Ajagbe, who allegedly stole N5.8 million from his employer, Guaranty Trust Bank (GTB), was docked before an Iyaganku Chief Magistrates’ Court sitting in Ibadan. Ajagbe, who lives in Christopher Street in Ologuneru area of Ibada...

February 21, 2018 No Responses

BPE: 37 per cent of privatized firms not performing

The Bureau of Public Enterprises (BPE) has privatized 142 enterprises from inception to date, Director General of the privatization agency, Mr. Alex A. Okoh has revealed. Receiving members of the House of Representatives Committee on Privatisation, led by its ...

February 21, 2018 one Response

‘Global Energy Market Forecast Favours Gas’

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile of the most competitive and strategic investments in the global energy market. Attah spoke at...

February 21, 2018 one Response

Dana Air Passenger Commends Pilot as FAAN blames Port Harcourt incident on bad weather

Bayelsa State politician, Mr. Famous Daunemigha who was on board a Port Harcourt-bound Dana aircraft that skidded off the Port Harcourt runway on Tuesday evening has commended the ‘Pilot’s bravery and professionalism’. Meanwhile, General Manager, Co...

February 21, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman presents a plaque to the Chief Executive Officer, Lekki Port (LFTZ) Enterprise, Navin Nahata when the latter paid a courtesy call on the MD at the NPA Corporate...

February 21, 2018 No Responses

‘Maersk, Nine Other Shipping Lines Control 90 Per Cent Of Deep Sea Market’

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines operating fully cellular containerships, which is less than 7 pct of the total lines, according to the data from MDS Transmodal....

February 20, 2018 3 Responses

Weststar Breaks into Light-Duty Truck Segment in Nigeria with Mercedes-Benz Accelo

Customers can now order Mercedes-Benz Accelo truck in various applications depending on specific needs, Weststar Associates Limited, Authorised General Distributor for Mercedes-Benz in Nigeria said on Monday. The company explained that following its succes...

February 20, 2018 No Responses

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (8th from left)) and the Chairman, House Committee on Ports Harbours and Waterways, Rt. Hon. Pat Asadu (9th from left), NPA Executive Director, Marine and Operations, Dr. Sokonte...

February 20, 2018 No Responses

NNPC Seeks Closer Ties among African Countries in Oil Sector

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. Group Managing Director of the NNPC, Dr. Maikanti...