Thursday, August 13 , 2020
Worried by the operational challenges in the COVID-19 era, ground handlers and stakeholders have rallied airlines to the right pricing mechanism and service payment in dollars…Read more.
The Federal Government has commenced a feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers…Read more.
Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria in the Federal Ministry of Petroleum Resources and some of its agencies on Wednesday began a three-day warning strike that could disrupt petrol supply across the country…Read more.
The increasing flow of the United States crude into Europe is threatening to displace the region’s traditional light, sweet crudes, forcing sellers of Nigerian and Mediterranean crudes to discount September-loading cargoes…Read more.
A member of the Monetary Policy Committee of the Central Bank of Nigeria, Dr Rafindadi Sanusi, disclosed this during the last MPC meeting in his presentation, which was obtained by our correspondent on Wednesday…Read more.
Nigeria’s food inflation rate is set to accelerate in the coming months as the country is now experiencing a second wave of high food prices owing to the recent hike in price of fertilisers. Nigeria’s smallholder farmers are currently grappling with the rising cost of fertilisers …Read more.
The recent plan by the Federal Government to set up another dry dock in another part of the Niger Delta region with $10 million contract to a Chinese company to begin feasibility study seems to rock stakeholders’ investments…Read more.
Demand for oil has taken significant beating, thanks to economic fallouts from the coronavirus (COVID-19) crisis, and Nigeria needs to watch closely how oil majors are responding by fundamentally reshaping their business models…Read more.
Airtel Nigeria has partnered Avaya Holdings Corporation to enable organisations in the country to implement remote working and learning initiatives. Through the partnership, Avaya will offer organisations in Nigeria full-feature access to its flagship collaboration app…Read more.
The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo has advised the Corporate Affairs Commission (CAC) to ensure that new regulations emanating from the recent passage of the Companies and Allied Matters (CAMA) Bill…Read more.
SEC By Peter Egwuatu The new president of the Chartered Institute of Stockbrokers, CIS, Mr Olatunde Amolegbe, has called on the Securities and Exchange Commission, SEC, to jettison the move to increase minimum capital base for capital market operators…Read more.
The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of depositors of defunct Fortis Microfinance Bank (MFB). The Corporation stated this yesterday in a statement signed by its Director for Communication and Public Affairs…Read more.