Crude oil, aviation fuel top import chart at Lekki deep-sea port
By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
Why government is giving market women interest free loan — Gov Udom
As the government of Akwa Ibom State continues to put measures in place to boost industrial development in the state, Governor Udom Emmanuel has explained the rationale behind the interest free loan scheme, designed to boost the growth of Small and Medium Enterprises (SMEs) in the area.
Nigerians groan as petrol scarcity lingers!
The scarcity of Premium Motor Spirit (PMS), commonly known as petrol, which started last month in same parts of the country has worsened as the product, at the weekend, was being sold for between N150 and N200 per litre, instead of the official pump price of N87, depending on the area. The scarcity affected transport fares in Lagos which went up.
Dumsor chronicles: Power barge sails from Takoradi
The power barge is being towed at a peed of 5 nautical miles which is slow. It is therefore expected to get to Winneba by 6pm then it continues from there to Tema.
Why Customs ‘ll on physically examine cargo – Edike
The Nigeria Customs Service, NCS, has said that it will continue physical examination of cargo for now because scanners which should aid e-examination are broken down.
Union Bank appoints new chairman
Union Bank of Nigeria Plc (Union Bank) has appointed Mr. Cyril Odu as Chairman of the Board of Directors following the resignation of previous Chairman, Senator Udoma Udo Udoma, who was recently appointed Minister of Budget and National Planning by President Muhammadu Buhari.
Poor condition of roads costs economy N296trn annual loses
The Regional Chief Executive Officer of Dangote Cement Plc, Arvin Pathak has disclosed that Nigeria is losing$1.5 billion (about N296 trillion) annually, due to poor condition of roads.
Make systemic plan for business sustainability before your death
MOST businesses have not been able to outlive their founders, due to their failure to make deliberate and systematic plan before their death. In other words, most businesses have failed after the original founder due to lack of deliberate and systematic plan in the transfer of the ownership of the business from one family to the next.
‘Skills development critical in effective retirement planning’
IF you want to have a good retirement after the many years you put in as a worker, you have to identify and develop requisite skills around your innate ability.
This is one of the critical ways of effectively planning for life in retirement.
Petroleum contributes N1.94trn to Nigeria’s GDP
The oil and gas sector contributed N1.942 trillion to Nigeria’s Gross Domestic Product, GDP, in the third quarter, Q3 of 2015, according to a data by the National Bureau of Statistics, NBS.
Never lobby to be or remain a leader, warns Gaius-Obaseki
Tomorrow, many people from far and wide including family, friends, associates, captains of industry and government officials will gather at his Benin GRA residence to celebrate a mass in honour of a former Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mr. Jackson Gaius-Obaseki, as he clocks 70 years.
