Business

Customs, agents disagree over National Single Window operations

By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
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Shell to supply 45m cubic feet of gas to Aba power plant

ABUJA-AS part of efforts to ensure adequate gas supply to the188MW Aba Independent Power Plant, towards the effective take-off early next year, Geometric Power Limited, the promoter of the project has signed an agreement with Shell Petroleum Development Corporation, SPDC and its JV partners, Nigerian National Petroleum Corporation, NNPC, Agip Nigeria and Total Nigeria Ltd.

NNPC, Gazprom to set up NiGaz joint venture

THE Nigerian National Petroleum Corporation (NNPC) and the Russian Energy giant, Gazprom have signed a Memorandum of Understanding (MOU) to establish an all encompassing joint venture coampany called ‘NiGaz Energy Company Limited’ in pursuit of plans to monetise the country’s huge gas reserves.

Kidnapping: A crime against humanity

IN all the cases we have examined or mentioned there seemed to be a necessity to protest or act, at least in the hearts of the protesters and actors. The Irish Republican Army felt there was need to deploy arms and abduct civilians to harry off the British Imperialist from Irish lands. Al Fattah and Hamas deploying different levels of violence, all fought to achieve one central goal: the independence of Palestine and the liberation of all Palestinian land from occupation and the occupying Israelis.

Gas-powered car: Nipco urges import duty concessions on LPG kits

FOLLOWING the launch of its gas-powered vehicle in Nigeria, Nipco Plc, one of the major players in the downstream sector of the oil and gas industry has called out to the Federal Government to encourage importation of kits by giving concessions and other benefits to cars running on liquefied petroleum gas, LPG.

IPMAN plans to build own refinery

ABUJA – THE Independent Petroleum Marketers of Nigeria (IPMAN) has said it plans to build a refinery in the country to reduce the challenges associated with importation of fuel and other petroleum products, a situation which it said has cost the nation millions of dollars in oil revenue.

MEND claims another sabotage of Shell wellhead

DESPITE President Umaru Musa Yar’Adua’s offer of amnesty to militants, Movement for the Emancipation of the Niger- Delta at the weekend said it had blown up a wellhead in a Shell oil field in Delta State, citing provocation from the Joint Task Force (JTF).

Afribank group opens mega complex in Lekki

The Afribank Group, comprising of Afribank Nigeria Plc and nine specialized subsidiaries, has opened a mega complex in Lekki Phase One, Lagos, where the services of members of the Group could be accessed under one roof.The complex, which is fitted with modern facilities, offers convenience, easy accessibility and one-stop financial services to different clientele.

NEXTZON facilitates cross border trade alliances

NEXTZON Business Serv ices Limited, one of the Nigeria’s leading enterprise building firm is breaking new grounds in forging cross border trade alliances as it recently facilitated the visit of a Brazilian Trade Mission to Nigeria.

Gazprom to end gas flaring in Nigeria

THE coming of the world ‘s gas giant Gazprom to Africa’s biggest oil producer Nigeria would put an end to gas flaring, Alexander Polyakov, the Russian ambassador to Nigeria, said on Tuesday.

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