Wrecks removal project reaches 70% completion – NPA

Wrecks removal project reaches 70% completion – NPA

Chief Michael Ajayi, General Manager, Public Affairs, Nigerian Ports Authority (NPA), on Thursday said the ongoing wrecks removal project had reached 70 per cent completion. Ajayi said that the Federal Government had given NPA approval to remove 31 critical wrecks posing problems to navigation in the Lagos waters.
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Nigeria reaping benefits of ports concessioning  – Comrade Nted

Nigeria reaping benefits of ports concessioning – Comrade Nted

COMRADE Anthony Emmanuel Nted Emmanuel is the President-General of Maritime Workers of Nigeria, MWUN, and the umbrella body for workers in the Maritime industry. Comrade Nted who is also a Vice President of Nigeria Labour Congress, NLC, in this interview with Financial Vanguard, spoke on the five-year old ports concession, moves to establish a parallel agency to Nigeria Maritime Administrations and Safety Agency, NIMASA, proliferation of government’s agencies at the ports among others

Ogoni to take stand on UNEP report soon –  Stakeholders

Ogoni to take stand on UNEP report soon – Stakeholders

Representatives of Ogoni people of Rivers State in the National and state assemblies, local governments and other opinion leaders said, weekend, they were yet to take a position on the United Nations Environ-mental Programme, UNEP, report over the oil spill in Ogoniland.

NSE share value dips by 0.23%

NSE share value dips by 0.23%

A declining trend was recorded in the Nigerian Stock Exchange, NSE, last week, as equities’ value, represented by the market capitalisation dipped by N16.48 billion. Specifically, the capitalisation shed 0.23 per cent to close at N7.268 trillion from N7.285 trillion at which it opened the week. Another key performance indicator, the All-share index dropped by 0.23 per cent or 621.89 basis points to close at 22,724.02 points from 22,775.55 points.

Stanbic IBTC still looking for M&A opportunities  – Troost

Stanbic IBTC still looking for M&A opportunities – Troost

Stanbic IBTC Bank indicated its intention to compete for market share in the retail segment of the market by rolling out an aggressive branch expansion programme, which resulted to opening of 80 branches last year. In this interview, JACQUES TROOST, EXECUTIVE DIRECTOR, PERSONAL AND BUSINESS BANKING (PBB) for the bank explains the philosophy behind the banks entry into the retail segment

PSG and Pastore put title bid in gear

PSG and Pastore put title bid in gear

Paris Saint-Germain registered their first win of the Ligue 1 season by beating Valenciennes 2-1 on Sunday, as French record signing Javier Pastore made his long-awaited home debut.

NAICOM nabs 6 fake insurers in Lagos

NAICOM nabs 6 fake insurers in Lagos

In continuation of its efforts to stamp out fake insurers in the country, six persons, including two staff of the Lagos State Internal Revenue Service, have been arrested in Lagos by the special taskforce of the National Insurance Commission, NAICOM, on wiping out of fake insurers in Nigeria.