NLNG awards $100,000 to three winners of 2017 Science Prize

NLNG awards $100,000 to three winners of 2017 Science Prize

The Advisory Board of the Nigeria Prize for Science and Nigeria LNG Limited (NLNG) on Thursday announced three research works as joint winners for the 2017 edition of the prize after two years intensive search for innovations in the fight...
read more
Group alleges ‘siege mentality against Intels’

Group alleges ‘siege mentality against Intels’

The Niger Delta Youth Coalition (NDYC) has accused  the Oil and Gas Free Zones Authority (OGFZA), Nigerian Ports Authority (NPA) and the Federal Inland Revenue Service (FIRS) of  incessant attacks against Intels Nigeria Limited, saying that such alleged att...
read more
Obaseki to FG: Deregulate petroleum sector now

Obaseki to FG: Deregulate petroleum sector now

The former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Dr Jackson Gaius-Obaseki, has advised the Federal Government to consider full deregulation of the value chains of the nation’s petroleum sector. Gauis-Obaseki, who is cur...
read more
Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

Ondo to revive LNG firm, seeks partnership with NNPC, Chevron, Shell, others

To boost Ondo State’s economy, the State Governor, Rotimi Akeredolu has announced plans to revive moribund OK LNG, a state government-owned firm.   This was the high point of a meeting held in the office of the Chief of Staff to...
read more
Oando Shareholders seek accelerated investigation as  Johannesburg Stock Exchange suspend firm

Oando Shareholders seek accelerated investigation as Johannesburg Stock Exchange suspend firm

Shareholders of Oando Plc on Thursday commended the resolve of Securities and Exchange Commission (SEC) to investigate allegation leveled against management of the company.   Meanwhile, the Johannesburg Stock Exchange (JSE) on Thursday suspended trading in th...
read more
Sec probes  Oando,  shares on technical suspension

Sec probes Oando, shares on technical suspension

The crisis rocking Oando plc on Wednesday assumed a new dimension as the Secirities and Exchange Commission (SEC) directed the Nigerian Stock Exchange (NSE) to place the shares on technical suspension effective from October 20, 2017.   Under the arrangement,....
read more
INTELS: NPA frustrated attempts to resolve TSA logjam

INTELS: NPA frustrated attempts to resolve TSA logjam

The management of Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited says the present management of Nigerian Ports Authority (NPA) deliberately frustrated attempts to address the issues raised by introduction of the Treasury Single Account (TSA) i...
read more
Buhari Signs University of Petroleum Resources Bill

Buhari Signs University of Petroleum Resources Bill

President Muhammadu Buhari Tuesday in Abuja pledged continued support for the socio-economic development of the Niger Delta region. Giving the assurance at a brief ceremony in the State House to sign the bill establishing the University of Petroleum Resources,...
read more
NLNG demands $315m judgment debt from NIMASA

NLNG demands $315m judgment debt from NIMASA

The Management of Nigeria LNG (NLNG) has formally issued a demand notice for the sum of $315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).   According to NLNG, the sum represents the payments made under protest.....
read more
Osinbajo: NNPC did not award $25b contracts

Osinbajo: NNPC did not award $25b contracts

The Nigerian National Petroleum Corporation (NNPC) did not award $25billion contracts, Vice President Yemi Osinbajo has declared.   A statement issued on Sunday by the Vice President Senior Special Assistant (SSA), media and publicity, Laolu Akande, explaine...
read more
Controversy trails NPA, Intels imbroglio

Controversy trails NPA, Intels imbroglio

By citybusinessnews@yahoo.com   –   The controversy surrounding the termination of pilotage contract agreement with INTELS by the Nigerian Ports Authority (NPA) continued at the weekend.     Indeed, the controversy has divided Nigerians into two gr...
read more
NPA replies Intels, insist on level playing field for all operators

NPA replies Intels, insist on level playing field for all operators

By citybusinessnews@yahoo.com  –   The management of Nigerian Ports Authority (NPA) has dismissed reported plans by Integrated Logistics Services limited (Intels) to withdraw its investment agenda in Nigeria.   According to NPA, business thrives in f...
read more
Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, SAN (GCON), on Thursday in Bonny flagged off the construction of the N120 billion Bonny-Bodo Road to be jointly funded by Nigeria LNG Limited (NLNG) and the Federal...
read more
Intels to sack more workers

Intels to sack more workers

Feelers emanating from Integrated Logistics Services (Intels) on Wednesday indicated that the company is to reduce further its workforce “due to ongoing challenges and hostile business environment”.    A source at the headquarters of the seaport conce...
read more
1 11 12 13 14 15 21