Business

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’ […]
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FG queries MDAs on NHF deductions

The Federal Government has queried ministries, departments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

Students sue bank over alleged illegal deduction

Two students of Delta State School of Health Technology Ofuoma, have dragged Oceanic Bank before a Delta State sitting in Ughelle, over alleged illegal deductions from their bursary allowances, paid to them by the Delta state government.

10 years of democracy: Money from BASA will be used for airport infrastructure – Iyal

By Kenneth Ehigiator Capt. Shehu Usman Iyal is the Senior Special Assistant to the president on Aviation.  In this interview, he x-rays the journey so far in the aviation sector in the 10 years of the nation’s democratic march, especially in the last two years of President Umaru Yar’ Adua’s administration.  He said money realised […]

No rigs operating onshore Nigeria

INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.
It was gathered that of the 20 active rigs offshore, one is a jack-up rig operating in swamp, while the rest are operating in safer shallow and deep water

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