STAKEHOLDERS in the shipping and maritime sectors have called on President Goodluck Jonathan to appoint professionals in all the departments of the Nigerian Maritime Administration and Safety Agency NIMASA, pointing out that the organization has become more political than a body of professionals.

NATIONAL Directorate of Employment, NDE, in collaboration with Masterswitch Limited, is training no fewer than 100 unemployed youths in Abuja and Lagos, towards making them self-reliance.

Controversy has continued to trail the recent retirement after the attainment of the required years of service in accordance with the civil service rules and reappointment of the Legal Adviser and Secretary of the Board of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Matthew Egbadon, even before he the time of retirement.

NNPC has said that two local firms had completed the purchase of 45 per cent stakes in two onshore oil blocks, previously owned by Shell, Total and Eni .

United Bank for Africa (UBA) Plc has supported the drive by the Central Bank of Nigeria (CBN) to make the country a cashless economy.

STRONG indications have emerged that the Nigeria Police Force may grant the National Insurance Commission (NAICOM), power to prosecute criminal insurance operators and other insurance offenders who violate any section of the laws regulating the sector.

A Federal High Court sitting in Lagos, yesterday, restrained Mainstreet, Keystone and Enterprise Banks, which inherited the assets of the three nationalized banks from further dealing in the assets, businesses and operations of the defunct banks pending the determination of the suit filed by some aggrieved shareholders of the banks. The three nationalised banks are Afribank Plc, Bank PHB Plc and Spring Bank Plc.

South Africa-based ACM Gold, a forex and commodity trading business, is to invest in Nigeria’s foreign exchange market with a promise to make it more appealing to interested Nigerians.

Just Foods Limited said it is eyeing the Nigerian capital market for funds to finance its planned investment in steel fabrication and in the production of stainless steel products in Nigeria in the medium to long term.

The Rivers State Government will today (Wednesday) showcase the numerous investment opportunities in the state to prospective investors at an investor’s forum tagged: “Change that works.”