NCDMB Injects $200m to Boost Indigenous Participation in Oil, Gas Sector

NCDMB Injects $200m to Boost Indigenous Participation in Oil, Gas Sector

 The Nigerian Content Development and Monitoring Board (NCDMB) said it set aside a 200-million dollar Nigerian Content Intervention Fund (NCIF) to boost participation of Nigerians in the oil and gas sector. The Executive Secretary of the board, Mr Simbi Wabote,...
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IBB to FRSC: Be Dynamic, Brace Up for Modern Challenges

IBB to FRSC: Be Dynamic, Brace Up for Modern Challenges

As the FRSC marks 30 years of its existence, Gen. Ibrahim Babangida (rtd), Nigeria’s former military leader, has urged the outfit to be dynamic and brace up for challenges posed by new technologies. “The FRSC must brace up for modern...
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‘Overcapacity, Weak ‘Trading Demand’ Extends into 2018’

‘Overcapacity, Weak ‘Trading Demand’ Extends into 2018’

Overcapacity, weak ‘trading demand’ and weak OPEC output have depressed the conditions that usually boost long hauls in the tanker shipping market, according to BIMCO. As illustrated by the very weak rates for oil product transports during most parts of 2...
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INTELS 2018 women empowerment training scheme gets 700 applications

INTELS 2018 women empowerment training scheme gets 700 applications

No fewer than 700 women applied for admission into the 2018 Women Empowerment Programme Synergy Scheme (WEPSS) of oil and gas logistics giant, INTELS Nigeria Limited. A corporate social responsibility initiative of INTELS, WEPSS was established in 2013 with th...
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‘Label tax evasion, malpractices by Multinationals as foreign corrupt practices’

‘Label tax evasion, malpractices by Multinationals as foreign corrupt practices’

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign corrupt practices’.   She made the call at the Platform for Collabor...
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Nissan’s crossover, SUV sales up by 12% in 2017

Nissan’s crossover, SUV sales up by 12% in 2017

Nissan’s global crossover and SUV sales increased more than 12% in 2017 to more than 2 million vehicles, driven by the all-new Nissan Kicks small crossover, the Rogue, X-Trail and Qashqai compact models, a refreshed Armada full-size SUV and the...
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FG distributes 135, 500 bags of rice to displaced persons in North-east

FG distributes 135, 500 bags of rice to displaced persons in North-east

The Government of People’s Republic of China has donated 135, 500 bags of rice for distribution to Internally Displaced Persons (IDPs) by Boko Haram insurgency in the North-east region.  Mr Bashir Garga, National Zonal Coordinator, National Emergency Manage...
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Dana Air, Asky Seal Agreement on Strategic Partnership

Dana Air, Asky Seal Agreement on Strategic Partnership

An interline agreement has been reached between Dana Air and Asky airline, Africa’s regional power house, in Lagos. Dana Air’s strategic route and fleet expansion program also received a major boost, with the signing of an aircraft partnership agreement wi...
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SEC Targets Increased Level of Financial Inclusion by 2020

SEC Targets Increased Level of Financial Inclusion by 2020

The Securities and Exchange Commission (SEC) has said that it aims to achieve increased level of financial inclusion of Nigerians by the year 2020.   Acting Director General of the SEC, Dr. Abdul Zubair stated this during a financial inclusion...
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Monarch to Politicians: Focus on economy, Security

Monarch to Politicians: Focus on economy, Security

As politicians gear up for campaigns ahead of the 2019 general elections, a first class traditional ruler in Nasarawa State has advised them to focus on the economy and security. Chief Luka Baba, the Esu Karu, gave the advice on...
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Onaiyekan: Politics not for miserable people seeking a way out of poverty

Onaiyekan: Politics not for miserable people seeking a way out of poverty

John Cardinal Onaiyekan, former President, Christian Association of Nigeria (CAN), has said that politics was “not for miserable people seeking a way to get out of poverty”. “Nigerians should stop complaining and get involved in politics because it is a....
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Motorists Decry Scarcity of Vehicle Number Plates

Motorists Decry Scarcity of Vehicle Number Plates

Motorists in Anambra State have expressed concern over the scarcity of vehicle number plates in the state. Some motorists told the News Agency of Nigeria (NAN) in separate interviews on Sunday in Awka that they were going through hardship to...
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Buhari Felicitates With FRSC At 30

Buhari Felicitates With FRSC At 30

President Muhammadu Buhari felicitates with the management and staff of the Federal Road Safety Corps (FRSC) as the organisation celebrates 30 years of its establishment. The President commends the vision of its founding fathers in February 1988 in response to...
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China pledges to strengthen bilateral relationships with Nigeria

China pledges to strengthen bilateral relationships with Nigeria

Mr Li Xuda, the Cultural Counselor, the Chinese Embassy in Nigeria says the 2018 China New Year celebration is dedicated to strengthening bilateral relationships with Nigeria. Xuda spoke with the News Agency of Nigeria on Saturday in Abuja on the...
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