Information Archives — Page 472 of 492

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 block on Monday...

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....

March 7, 2017 No Responses

British Airways to offer less legroom

(BBC) British Airways plans to squeeze in more passengers on some planes it flies to European cities. From next year, the airline said there will be a “small increase” in the number of seats on its Airbus A320 and A321...

March 7, 2017 No Responses

Abuja Airport closure: FG unveils measures to ease passengers’ plight

The Federal Government on Monday announced measures to ease the plight of passengers during the six weeks that the Nnamdi Azikiwe International Airport in Abuja will be closed for the reconstruction of the sole runway. The measures were announced at...

March 6, 2017 No Responses

Process BTA, PTA in 24 hours, CBN tells Banks, Dealers

To curtail speculations and facilitate prompt assistance to genuine foreign exchange (FOREX) customers, the Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic/Personal Travel Allowance (BTA/PTA) are processed ...

March 6, 2017 No Responses

LCCI to Osinbajo: Sustain strategic engagement with Niger Delta stakeholders

The Lagos Chamber of Commerce and Industry (LCCI) at the weekend advised the Acting President, Prof Yemi Osinbajo to sustain ongoing engagement with stakeholders in the Niger Delta. President of LCCI, Dr (Mrs) Nike Akande, said: “The country has witnessed...

March 6, 2017 No Responses

LCCI, MAN, Maritime business leaders to grace Town Hall on cargo charges

The Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and business leaders in the maritime industry have all geared up for a one-day town hall meeting on cargo and port handling charges. The town hall which...

March 5, 2017 No Responses

LCCI tasks state govts on land titles, multiple taxes, levies

By Moses Ebosele – The Lagos Chamber of Commerce and Industry (LCCI) on Saturday challenged States Governments in Nigeria to take a cue from the current steps of the Federal Government to improve investment environment. Commending the creation of the.....

March 4, 2017 No Responses

Ford to offer built-in moderm with wi-fi powered by Vodafone

Ford has partnered with Vodafone to bring 4G LTE connectivity to vehicles in Europe via the new FordPass Connect built-in modem and Wi-Fi hotspot capability. Incorporating an external aerial, the Wi-Fi hotspot according to a statement from Ford enables up...

March 4, 2017 No Responses

Fero Mobile unveils brand, two new devices in Nigeria

Fero Mobile, the newest entrant into the Nigerian mobile phone market has unveiled two new smart devices in Lagos. The devices are the Iris smart phone and the Royal A1 smart phone. The ‘EYE-conic’ IRIS smart phone comes with an...

March 4, 2017 No Responses

Halima Dangote seeks more women integration, empowerment in key technology leadership positions

Executive Director and Daughter of Africa’s richest man, Halima Dangote has premised Dangote Group’s support for women leaders in technology on the need to “sustainably integrate and empower women in the wave of digital led globalization that is redefini...

March 2, 2017 No Responses

‘Economic dangers of an amended NLNG Act’

Hopes for economic and industrial growth will be dashed if inhibitors such as the removal of legislative frameworks like the Nigeria LNG Limited (NLNG) Fiscal Incentives, Guarantees and Assurances Act, are permitted in the Nigerian gas industry, the Managing D...