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PENGASSAN stabilised after leadership succession reforms — Osifo

PENGASSAN stabilised after leadership succession reforms — Osifo

By Johnbosco Agbakwuru ABUJA —PRESIDENT of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN Comrade Festus Osifo, at the weekend, said the union has resolved the leadership succession issues that once sparked tensions during transitions. Osifo, who stated this at a memorial event held in Abuja to mark the seventh anniversary of […]
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Board member donates tiles to DBS

Board member donates tiles to DBS

In an interview with newsmen, Mrs. Eda Ekemere said the decision to donate the tiles and to undertake the cost of the laying of the tiles was informed by her determination to contribute her quota to the development of the broadcasting station.

Uduaghan settles NPA/Rivers pilots’ rift

Uduaghan settles NPA/Rivers pilots’ rift

THE industrial dispute between the Niger-Delta River Pilots Association in Delta State and the Nigeria Ports Authority (NPA), Warri over piloting of vessels in the waterways of the state by indigenous pilots has been amicably resolved between the two sides by Governor Emmanuel Uduaghan of Delta State .

Lawmaker lauds Speaker on oil reform bill

Lawmaker lauds Speaker on oil reform bill

According to him, “irrespective of the beauty and good intention of the draft law, if passed as it is without a clear and unambiguous statement on the roles, and defined participation and stakeholding of respective oil-bearing groups and communities, the law will not achieve its desired results as crisis and agitations from host communities will remain unresolved.”

Bombing of oil installations to continue until…, says Ijaw leader

Bombing of oil installations to continue until…, says Ijaw leader

By Chris Ochayi ABUJA—In spite of the Federal Government amnesty package to militants in the Niger Delta region, bombing of strategic oil installations would continue until the government shows sign of seriousness by taking a drastic step to embark on infrastructural development of the core oil producing communities in the region. President, Niger Delta Enlightenment […]

Shareholders differ on margin loans disclosure

Shareholders differ on margin loans disclosure

By Lucky Fiakpa LAGOS—Shareholders have expressed mixed reactions over a directive from the Central Bank of Nigeria (CBN), that banks should make full provision for all toxic assets in their books. CBN would also want banks to ensure full disclosure as to which loans are performing and which loans are not performing as well as […]