First City Monument Bank Plc, FCMB, has said that complete integration of its business operation and legal framework with its merging partner, Finbank Plc, will take full effect before the end of second quarter of the year, specifically by July 1, 2012.

Stakeholders in the Nigerian oil and gas industry witnessed the launching of two out of four fast boats commissioned by ARCO Marine for a contract sum of $36 million. Another of the boat is expected in before the end of this month while the fourth will be delivered for use next year.

BUT for the passage of the Nigerian Content Act in 2010, not a few indigenous companies providing various services in the oil and gas sector would have gone under.

The German government has initiated a programme aimed at promoting sustainable economic development in Nigeria.
Tagged, ‘Pro-Poor Growth and Promotion of Employment in Nigeria Programme (SEDIN),’ the initiative is targeted at promoting the bilateral agreement between both countries.

Change, they say, is the only permanent thing in life. And one thing Nigerians should expect from the downstream operations ahead of full deregulation s constant changes that will usher in a seamless delivery and supply of petroleum products.