Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
Industrialisation, panacea to unemployment – Industrialist
An industrialist, Mr Innocent Chukwuma, says unless the nation embarks on aggressive industrialisation, unemployment rate will continue to increase.
Ogoni spill: Shell supplies water to communities
THE Shell Petroleum Development Company, SPDC, said it has been supply portable water to communities affected in the Ogoni spill saga, which has occupied recent discourse on environmental pollution in the international scene.
Delta woos UK, Chinese investors for Koko FTZ
The Delta Government has invited investors from the UK, China, India and other countries to exploit the abundant business opportunities at the Koko Free Trade Zone.
Aso Savings to raise N5bn from capital market
Aso Savings and Loans Plc, a mortgage finance bank has said that it intends to raise N5billion from the capital market, as it declares a profit before tax of N1.9billion in its 2010/11 financial reports.
FG, NESG, Canadian Govt plan SMEs development
The Federal Government of Nigeria and the Canadian Government has announced plans to promote Small and Medium Scale Enterprises, SMEs, and Youth entrepreneurship in Nigeria.
Tie subsidy to PIB, Civil society tells FG
CIVIL society organisations across the country have urged the Federal Government to attach the removal of the fuel subsidy to the argument for the passage of the Petroleum Industry Bill, PIB, as proof of its commitment to the development of the industry and the economy at large.
Standard & Poor’s upgrades Standard Chartered Bank to AA-
Standard Chartered Bank rating has been upgraded by Standard & Poor ((S&P) from A+ to AA, thus making it three rating agencies that have rated the institution since the financial crisis.
Power: National Assembly commends Nnaji
THE Senate Committee on Power has commended the Minister of Power, Professor Bart Nnaji, for his “tenacity of purpose and commitment to the common good.”
Senate calls for sacking of interim management of Ajaokuta Steel
THE Chairman, Senate Committee on Power and Steel Development, Senator Philip Tanimu Aduda, has ordered the Minister of Mines and Steel, Musa Sada, to as a matter of urgency dissolve the Interim Management Committee for their roles in the sale of equipment of the Ajaokuta Steel Company.
Security, others, top challenges at Onne Free Zone
OPERATIONS of the oil and gas free zone in Onne, Rivers State, has cited security threats as a major setback in operations as well other challenges encountered in its activities of enabling logistical efficiency in the free zone.
