Business

Trade facilitation: Customs unveils digital baggage import declaration

Trade facilitation: Customs unveils digital baggage import declaration

The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
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Agro-based economy still the best for the country-Amao

Agro-based economy still the best for the country-Amao

FOLLOWING the seeming failure of the federal government to improve the lot of its citizenry inspite of its 50 years of oil exploration and production an Agro-based economy has however been identified as a sure way to bring succor to the ordinary Nigerian.

Exxonmobil signs $190 million MoU with Acergy

Exxonmobil signs $190 million MoU with Acergy

MOBIL Producing Nigeria (MPN) a subsidiary of Exxonmobil and one of the major upstream operators in the Nigerian oil and gas industry has signed a memorandum of understanding (MOU) with Acergy, an oil serving firm for the revamping of three of its well-heads platforms offshore Nigeria in water depths of about 35 meters.
The contract which is valued at about 190 million dollars is said to also include an option exercisable by MPN for up to five further platforms

No rigs operating onshore Nigeria

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.

Petroleum industry bill: Let’s get on with it

Petroleum industry bill: Let’s get on with it

ATTENDING the offshore technology conference in Houston a couple of weeks ago, I made it a point of duty to participate in all sessions that had anything to do with Nigeria. The experiences were worth every single moment, and besides the truly great liaisons I made, one of the highlights of the trip was the […]