Business

Crude oil, aviation fuel top import chart at Lekki deep-sea port

Crude oil, aviation fuel top import chart at Lekki deep-sea port

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
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Confusion over NIMASA MD’s resignation

Confusion over NIMASA MD’s resignation

There was tension, yesterday, at the headquarters of Nigerian Maritime Administration and Safety Agency, NIMASA, and the maritime industry as news filtered out that the recently appointed Director-General of the agency, Mr. Ziakede Akpobolokemi, has resigned.

NSE appeals order banning suspension of members

NSE appeals order banning suspension of members

Nigerian Stock Exchange, NSE, has lodged an appeal before the Court of Appeal, Lagos, against the order of a Federal High Court, Lagos, which restrained it and the Security and Exchange Commission, SEC, from suspending some former Council members of the NSE from capital market activities over an alleged N1.36 billion-shared bonus crises in the Exchange last year.

Trade dispute: NLC insists on picketing Union Bank

Trade dispute: NLC insists on picketing Union Bank

NIGERIA Labour Congress, NLC, yesterday, said the Mrs Funke Osibodu led-management of Union Bank of Nigeria, UBN, had declared a war on labour movement, especially NLC and its affiliates, and stressed that the Congress was equal to the task.

Aviation safety: AIB signs $5.8m contract with Canadian coy

Aviation safety: AIB signs $5.8m contract with Canadian coy

In a bid to boost safety in the aviation industry, Accident Investigation Bureau, AIB, yesterday, signed a contract worth over $5.8 million with a Canadian firm, CEA/Flightscape, to instal a state-of-the-art equipment in its new laboratory.

Rapid growth in agriculture not sufficient, says India PM

Rapid growth in agriculture not sufficient, says India PM

India Prime Minister, Dr. Manmohan Singh, in New Delhi, said that rapid growth in agriculture, though necessary, is not sufficient to produce desirable nutritional and health outcomes among the socially and economically disadvantaged groups of the community.
Speaking at the inaugural session of the International Conference on Improving Health and Nutrition through Agriculture organized by the International Food Policy Research Institute, Dr. Manmohan Singh noted that malnutrition remains a serious problem in India and many developing countries.

Rip off: INEC premium insurers, brokers

Rip off: INEC premium insurers, brokers

Independent Electoral Commission (INEC) has imposed pre-qualification fees on bidding to insure its assets. This is coming on the heels of
insurance operators accusing government and its agencies of lack of patronage. The electoral body has asked for bidding fees of about N 100, 000.00 from insurance companies and brokers before they are qualified to tender to insure its assets for 2011 if they win the bid.

Govt tasked on economic policies  advocated by NACCIMA

Govt tasked on economic policies advocated by NACCIMA

The Federal Government has been enjoined to give more listening attention to economic policies being advocated by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

KADCCIMA holds 32nd international trade fair

KADCCIMA holds 32nd international trade fair

Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA), said plans has been concluded to organise its 32nd Kaduna International Trade Fair (KITF).