Business

Police declare port corridor ticketing, revenue collection illegal

Police declare port corridor ticketing, revenue collection illegal

By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors.  The intervention followed […]
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Liquidity squeeze ‘ll hamper economic growth – FMDA boss

Liquidity squeeze ‘ll hamper economic growth – FMDA boss

Nigeria’s economy will witness continued downturn in the second half of the year due to the Central Bank of Nigeria’s, CBN’s, decision to reduce the amount of money in circulation to checkmate inflation, said Mr. Wale Abe, Executive Secretary, Financial Market Dealers Association of Nigeria, FMDA.

NLC decries crude oil theft in Nigeria

NLC decries crude oil theft in Nigeria

NIGERIA Labour Congress, NLC, has expressed grave concern over the high rate of illegal bunkering and pipeline vandalisation in Nigeria, warning that it could ruin the nation’s economy if not immediately checked.

Seplat donates water, electricity in Edo, Delta

Seplat donates water, electricity in Edo, Delta

AS part of its social responsibility to its host, Seplat Petroleum Development Company Limited, based in Sapele, Delta State, has commissioned several motorized water borehole projects across oil producing communities of the state and Edo State.

Shell, Caverton explain aviation partnership

Shell, Caverton explain aviation partnership

The Shell Group has explained that the driving mission behind its recent partnership with Caverton Helicopters is not only to grow Nigerian content in line with the Federal Government’s aspirations, but also build a local capacity strong enough to compete globally.

Expert task FG on research and development

Expert task FG on research and development

A petroleum expert has called on the Federal Government to collaborate with industry operators in research and development in order to create sustainable values in uplifting technological development in the sector.