Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
Oil industry operators lament dearth of projects
OIL and gas industry operators, particularly the engineering and fabrication sub-sector have lamented the seeming dearth of projects to sustain their operations, noting there is the risk most yards in the country may shut down and lay off staff next year if no jobs are forthcoming anytime soon.
Govt, Oil firms disagree over investment on projects
INDICATIONS emerged yesterday that Multinational oil companies operating in the nation’s upstream sector might have opted for the stability of the operating environments as the federal government moves to ensure adequate funding of oil exploration and production in the country.
Shareholders seek enforcement of corporate governance
FOLLOWING the global financial meltdown and its negative impact on the Nigerian economy, shareholders have canvassed for the enforcement of corporate governance
Standard Chartered half yr operating profit rises 10% to $2.84bn
STANDARD Chartered Plc has announced its half year’s result of 2009 as it posted a 10 per cent rise in operating profit before tax to $2.84 billion.
SAA’s new premier lounge at MMIA for launch next month
South Africa Airways (SAA) has created a new dedicated premier passengers’ lounge at the Murtala Muhammed International Airport, Lagos, and launch is scheduled for September 2009.
