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FG to begin clampdown on defaulting oil firms over NCDF remittances

FG to begin clampdown on defaulting oil firms over NCDF remittances

The Nigerian Content Development and Monitoring Board, NCDMB, Monday, disclosed that from September, it would begin the clampdown of oil and gas companies operating in the country, who are defaulting in the remittance of the one per cent Nigerian Content Development Fund, NCDF.

C’River has no land for ruga cattle colony – PANDEF

C’River has no land for ruga cattle colony – PANDEF

 CALABAR-The Cross River State Chapter of the Pan Niger Delta Forum, PANDEF, in conjunction with the All Cross River State Nationals Front has warned the Federal Government, noting that Cross River State has no land for the proposed RUGA/Cattle Colony being forced on the federating states of Nigeria by the Federal authorities.

Ndume weeps at Borno IDPs Camp

Ndume weeps at Borno IDPs Camp

Sen. Ali Ndume (APC-Borno) has urged all Internally Displaced Persons (IDPs) from Gwazo taking refuge in Maiduguri, to return home, assuring them of their safety.

Nigeria supports 9 months extension for oil production cut

Nigeria supports 9 months extension for oil production cut

Nigeria on Monday reaffirmed its strong support for the nine-month extension in oil production cut under the  ‘’Declaration of Cooperation’’ which seeks to improve global oil market stability among OPEC members.

Kenya’s Safaricom shares fall 2.7% following death of CEO

Kenya’s Safaricom shares fall 2.7% following death of CEO

Shares in Kenya’s Safaricom Plc opened 2.7% lower at 27.35 shillings ($0.2672) on Monday, after the telecoms company announced the death of Chief Executive Robert William Collymore after a nearly two-year battle with cancer, Refinitiv data showed.