Reviving palm oil production: The Okomu success story
Palm oil refining and production has in the past, and in recent times become a lucrative business in Nigeria. In fact, some might refer to it as a ‘liquid gold’ that could potentially be the saviour of the Nigerian economy, improving its economic outlook in the International community and bringing it out of the doldrums that has plagued it for over three decades, however, Okomu Oil Plc has shown that this is in fact possible.
Oil workers tackle presidency over crude oil theft
…insist politicians, highly placed individuals are responsible
WORKERS in the nation’s petroleum industry have accused the Presidency of being economical with words over the alarming rate of crude oil theft in the country, insisting that politicians and highly placed individuals are responsible for the increasing crude theft.
FG gives NPA 2 weeks ultimatum on workers’ arrears
THE Federal Government has given the Nigerian Ports Authority, NPA, two weeks to determine the cost implications of the arrears and modalities for payment of the 12 months salary arrears to Tally Clerks and on-Board securities men members of Maritime Workers Union of Nigeria, MWUN.
CBN, SEC urged to compensate shareholders of nationalised banks
Chief Executive Officer, Standard Union Securities Ltd., Mr Sehinde Adenagbe, has called on capital market regulators to compensate shareholders of the three banks nationalised in 2011.
Three Boko Haram suspect killed in failed mosque attack
Luck run out of three suspected Boko Haram terrorists who allegedly came all the way from Bama council area on Saturday evening and invaded the El- Amin Daggash Mosque in Government Reserved Area, GRA, in Maiduguri, Borno state during Tafsir (Ramadan Preaching), attempting to kill the preacher, Modu Mustapha, as they were lynched by angry mobs killing one of the suspected and the arrests of the other two before they were also killed.
Asian tour: Chelsea beat Malaysia4 -1
English football giants Chelsea cruised to a 4-1 victory over a Malaysian selection as part of their pre-season Asia tour on Sunday.
