The Management of Shell Petroleum Development Company of Nigeria (SPDC) has said that the company did not shut down its flow stations in Bayelsa owing to fears of attack by aggrieved militants. The SPDC’s spokesperson, Mr Joseph Obari, stated on Friday that the operations of the oil firm
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Ghana’s Energy Ministry has refuted the claim that Nigeria cut gas supply to Ghana over its indebtedness to the sum of some $100 million. This is sequel to the allegation by the New Patriotic Party’s running mate for the 2016 elections, DrMahamudu Bawumia, who recently disclosed during Central University College’s distinguished speaker series a fortnight […]
An indication has emerged that the decision of the government to implement the Nigerian Gas Transportation Network Code (NGTNC) will propel the gas prices to be determined by market forces soon. The Deputy Director, Gas Monitoring and Evaluation, Department of Petroleum Resources (DPR), Antigha Ekaluo gave the hint, while speaking against the backdrop of the […]
In response to the Germanwings Airbus A320 crash, airlines around the world have commenced moves to implement a policy requiring two crew members to be in the cockpit at all times during flights. The implementation of the new policy is coming on the heels of European Aviation Safety Agency (EASA) adoption of the policy, Germanwings […]
The Federal Government has been advised to pay more attention to business aviation in the country if it really wants the sector to growth to its full potentials. The Chief Executive Officer, CEO, Overland Airways, Capt. Edward Boyo said this in Lagos in an interview with aviation correspondents . According to Boyo, business aviation was […]
DANA Air has commenced putting together its aircraft manuals and other operational requirements to scale through the International Operations Safety Audit (IOSA), carried out by the International Air Transport Association (IATA) , its accountable manager Mr Obi Mbanuzuo has disclosed . Mbanuzuo said the airline is set to achieve the safety certification before the end […]
The Nigerian Aviation HanÂdling Company, NAHCO, Plc said it is still consulting with clearing agents and other necessary stakeÂholders in the country’s aviation industry on the possible upward review of its tariff. The spokesman for the ground handling company, Mr. Tayo Ajakaye in an interview with our correspondent in the headquarÂters of the company at […]
The MTN Foundation said the company has invested about N90 million on visually impaired students’ education in the past few years. The MTN Foundation (MTNF) Scholarship Scheme for visually impaired students is aimed at providing academic scholarship annually to eligible students in accredited public tertiary institution across the six geo-political zones in Nigeria.
National Communications Authority of Ghana latest figures indicates that the number of mobile subscriptions in Ghana have increased by 1.4 per cent to 30.78 million in January 2015 compared to 30.36 million in December 2014, with the penetration rate reaching 108.48 per cent. According to the report, MTN’s subscriber base increased to 13.94 million from […]
Students have been advised by Heritage Bank to savour the benefit of the Financial Literacy campaign being championed through partnership with the Central Bank of Nigeria (CBN) and other banks in the country to become proficient at growing and managing wealth from their formative ages. According to the lender, the emerging global economic trends have […]
Leo Stan Ekeh, Chairman of Zinox Group, has been selected to chair this year’s Beacon of ICT (BoICT) Distinguished Lecture/Awards Series slated for Saturday, April 25, 2015, at the prestigious Eko Hotels and Suites, Lagos. The event with the theme: “What Next for Nigerian Telecommunications will have Ekeh, a serial entrepreneur as the […]
Saipem has entered into a Joint Venture with Dangote Group, one of Africa’s companies, to create a new company named Saipem Dangote E&C. According to Saipem, the Saipem Dangote E&C is a new player in the Nigerian and Central/West African market, with high technical and financial capabilities, adding that It aims to secure complex […]
Look no further than the annual Top Picks list and you’ll see there are many great cars on the market today. At the other end of the spectrum are models that fall well short of being competitive. Here, we highlight the disappointing models—cars Consumer Reports has recently tested with the lowest test scores. In perusing […]
One of the fundamental steps to advancing development in emerging markets is giving low-income people a secure place to live. As a banker who has successfully assembled financing to help builders construct low-income housing in some of the world’s most challenging regions from Honduras to South Africa, I know that it is possible to provide […]
Mr Felix Bobnabena, the DiÂrector, Administration and PerÂsonnel, Nigerian Maritime AdÂministration and Safety Agency (NIMASA), has tipped Nigeria to provide 50 per cent of Africa’s reÂquirement of seafarers by 2020. Bobnabena speaking in Lagos stressed that the maritime sector held immense potential to employ Nigerian youths, citing the naÂtion’s 853 km coastline. He said
Mediacraft Associates LimÂited, a PRO media outfit ThursÂday met with journalists under the aegis of Commerce and InÂdustry Correspondents AssociaÂtion of Nigeria to synergise on viable ways to enhance media content development. In his welcome address, Mr. John Ehiguese, Group CEO, MeÂdiacraft stated that the partnerÂship was necessary to strengthen the relationship
The Nigerian Ports AuthorÂity (NPA) Management have acÂquired two 60-tons buller- pull tugboats with state of the art, fully computerised engines, in order to keep to its promise of boosting efficiency and to meet the increasing demands of critiÂcal stakeholders, within the LaÂgos Pilotage District. The Managing Director, MalÂlam Habib Abdullahi had last year, during […]
Africa’s leading indigenous conglomerate, Dangote InÂdustries Limited has anÂnounced a multi-million dollar Joint Venture agreement with Saipem, Italian engineering and construction giants. The agreement has birthed a new company named Saipem- Dangote E&C. According to a statement from Dangote Group, the company, Saipem-Dangote E&C is a sigÂnificant new player in
Airtel Nigeria has demonstrated its resilience through the company’s Corporate Social Responsibility (CSR) by celebrating and assisting beneficiaries who are people still struggle to have a decent life. Airtel Nigeria has through its CSR once again showed the need to help people that face everyday challenges and the passion and outlook is reflected by the […]
Wapic Insurance Plc has announced its audited financial results for the year ended December 31, 2014 on March 24, 2015, revealing that the company paid out over N1 billon in claims and recorded over 200 per cent Profit After Tax (PAT). The company is the first Insurance operator in the Industry to have its Audited Financial […]
