Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
NAPIMS parleys joint venture operators
THE National Petroleum Investment Management Services (NAPIMS) has organised a highly interactive forum in order to provide an avenue for the multinationals to fashion ways of addressing issues that impede on the optimal operations of the upstream sector of the oil and gas industry.
PTDF, NIW vow to end dominance of foreign welders in oil and gas sector by 2010
THE Petroleum Technology Development Fund has said it is collaborating with the Nigerian Institute of Welding to end the dominance by foreign welders and fabricators in the construction jobs in the nation’s oil and gas sector by the year 2010.
Oil reforms: Downstream operators clamour for increased funding
FOLLOWING the move by the federal government to reform the oil and gas industry, operators and stakeholders in the downstream sector have called for an increased funding of the sector in order to increase the nation’s aggregate output.
Intercontinental Bank tasksdebtors on loans repayment
Following the sacking of its Management and injection of fresh funds into its operations by the Central Bank of Nigeria (CBN), Intercontinental Bank Plc has called on its debtors to settle their obligations to the bank so as to enable the bank beef up its liquidity position.
Drop in power generation worsens load-shedding
THE drop in power generation following vandalism of the Escravos-Lagos Pipeline conveying gas to most of the power generating plants in the country have worsened load-shedding (power supply rationing) – leaving customers of the power utility company without supply.
