Information Archives — Page 464 of 485

March 11, 2017 No Responses

VW pleads guilty to three felonies in deal to settle U.S. emissions case

(Auto News) The largest automaker in the world is now officially a felon in the United States, but its sentencing will have to wait. Volkswagen Group pleaded guilty Friday in U.S. District Court to three felonies under a plea agreement:...

March 10, 2017 No Responses

Maritime stakeholders task FG on committee to verify, fine-tune charges adopted by terminal operators

Pending the establishment of the proposed National Transport Commission (NTC), Maritime Stakeholders in Nigeria have advised the Federal Government to constitute an ad-hoc committee to verify and fine-tune Terminal Operators current cargo handling practices a...

March 10, 2017 No Responses

Crisis looms as NUPTE, PTECSSAN claims ownership of ZTE Nigeria check-off dues

The crisis rocking umbrella labour union in the country is taking its toll on ZTE Nigeria Limited, as two workers unions pledging allegiance to Comrades Aliyu Wabba and Joe Ajaero respectively are laying claims to the company’s check-off dues. The...

March 10, 2017 No Responses

Minister restates FG’s commitment to ease of doing business in Nigeria

The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the Federal Government’s commitment to improving Nigeria’s ranking in the World Bank Ease of Doing Business Index, saying the current ranking of 169 out of 190 countries ...

March 10, 2017 No Responses

Fashola explains support for Lagos projects, $200m World Bank loan

By Hakeem Bello – The attention of the Federal Ministry of Power, Works and Housing has been drawn to certain statements credited to the Governor of Lagos State, Mr Akinwunmi Ambode claiming that the “Federal Ministry of Works“ has been...

March 10, 2017 No Responses

COMMUNIQUE OF A ‘TOWN HALL MEETING ON CARGO HANDLING AND PORT CHARGES’ HELD AT THE NIGERIAN INSTITUTE OF INTERNATIONAL AFFAIRS (NIIA), VICTORIA ISLAND, LAGOS STATE, NIGERIA, ON WEDNESDAY, 8TH MARCH, 2017.

PREAMBLE The maiden edition of the dialogue series organised by the publishers of Business & Maritime West Africa tagged:Town Hall Meeting on Cargo Handling and Port Chargesh, which the organisers have promised would be an annual event, held at the Nigeri...

March 9, 2017 No Responses

Couple ‘detained in UAE for sex outside marriage’

(BBC) A South African man and his Ukrainian fiancee have been detained in the United Arab Emirates for unlawful sex, a relative says. Emlyn Culverwell‚ 29, and Iryna Nohai, 27, were reportedly arrested after a doctor discovered Ms Nohai, who...

March 8, 2017 No Responses

Labour vows to occupy Rivers State over alleged anti-workers’ policies

Citing alleged anti-labour policies in Rivers State, organised labour under the auspices of Association of Senior Civil Servants of Nigeria (ASCSN) has concluded mobilisation to “shut down Port Harcourt, the Rivers State Capital, and other major cities in th...

March 8, 2017 No Responses

Sustain reforms at NNPC, expert tells Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has been enjoyed to sustain ongoing reforms despite stiff opposition in some quarters. Since his assumption of office, Baru has undertaken far reaching measures de...

March 7, 2017 No Responses

Firm unveils $500M Oil exploration campaign

Oranto Petroleum is to invest $500 million to develop South Sudan’s Block B3, indicating a comprehensive exploration campaign. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the...

March 7, 2017 No Responses

Intels debunks alleged sponsorship of OGFZA Act amendment, CEO’s removal

Intels Nigeria Limited has described allegations that it was sponsoring the proposed Bill to amend the Oil and Gas Free Zones Authority (OGFZA) Act as “ridiculous, preposterous and laughable”. Media Consultant to Intels Nigeria Limited, Mr. Bolaji Akinola ...

March 7, 2017 No Responses

Lagos NUJ mourns Onukaba Adinoyi-Ojo

The Lagos State Council of Nigeria Union of Journalists (NUJ) has described the untimely death of former Managing Director of The Daily Times, DTN, Dr. Onukaba Adinoyi-Ojo, as a great loss to journalism profession. Lagos NUJ Chairman, Deji Elumoye in a tr...

March 7, 2017 No Responses

CBN offers additional $367 Million to ease FOREX crisis

As part of measures to tackle Nigeria’s Foreign Exchange (FOREX) crisis, the Central Bank of Nigeria (CBN) on Monday carried out another round of retail interventions in the interbank FOREX market by providing $367,134,329.93 to meet the forward requests of....