NIMASA serves detention order on NLNG vessels
The row over the payment of levies between the Nigerian Liquefied Natural Gas Company Limited, NLNG, and the Nigerian Maritime Administration and Safety Agency, NIMASA, took a new dimension at the weekend, as the latter served a detention order on vessels belonging to NLNG for none compliance to pay $20 million outstanding debts.
Nigeria secures N128bn from equipment manufacturers
The Nigeria Content Development Monitoring, NCDMB, said the country has secured over N128 billion ($800 million) investments from oil and gas equipment manufacturers and their representatives for the next three years.
Africa trip: US monitoring Mandela’s health
The White House said Monday it was monitoring Nelson Mandela’s condition, but could not yet say whether his failing health would affect President Barack Obama’s trip to Africa this week.
Why bank fraud is on the rise, by SFU boss
Commissioner of Police in-charge of Special Fraud Unit, SFU, Mr. Tunde Ogunsakin, has attributed lack of well equipped forensic laboratories, data base of criminals, inadequate legislation and collaboration with private sector, as well as international collaborative framework as factors militating against the handling of bank frauds.
Family gathers around ‘critical’ Mandela bedside
The family of critically ill anti-apartheid icon Nelson Mandela gathered around his hospital bedside on Monday as millions in South Africa and across the world feared for the worst.
Nigeria leads African banking sector – Axe Finance
International software company, Axe Finance, has described Nigeria as Africa’s leading IT innovative country in the banking sector with modern infrastructure and a robust customer base.
