… Says it’s working with relevant security agencies By Foster Obi The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced search rescue operations for the abducted 12 crew members onboard MV GLARUS owned by ALLISON Shipping which was hijacked off Bonny Island in Rivers State to ensure that they are found and released unconditionally. […]
…200 More Seafarers Set for Next Batch By Foster Obi Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured of the Agency’s commitment to ensuring that all beneficiaries of the Nigerian Seafarers Development Programme (NSDP) conclude their programme by getting the mandatory sea-time training. The DG who stated […]
By Foster Obi The Institute of International Education (IIE) in collaboration with the Ford Foundation recently released a report highlighting the value and impact of fellowship programmes on marginalized communities. The report is part of 10-year alumni tracking study of the Ford Foundation’s International Fellowships Program (IFP), the single largest program commitment in its history, […]
The sale of 21 per cent shares of the Federal Government in the Nigerian Security Printing and Minting (NSPM) to the Central Bank of Nigeria (CBN) will contribute over N17 billion to the national treasury. The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, said at the signing of the […]
The National Identity Management Commission (NIMC) has said that the National Identification Number (NIN) could assist in investigation, identification and prosecution of corrupt people. NIMC therefore called on the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to adopt NIN in doing its job. The Director General of NIMC, Mr. Aliyu Aziz, counsel the […]
Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country’s onshore industry for decades. But for the company that pioneered Nigeria’s oil industry in the 1950s, the Niger Delta remains as […]
OPEC and allied oil producers including Russia ended their meeting on Sunday with no formal recommendation for any additional supply boost. Oman’s Oil Minister Mohammed bin Hamad Al-Rumhy and Kuwaiti counterpart Bakhit al-Rashidi told reporters that producers had agreed they needed to focus on reaching 100 percent compliance with production cuts agreed at an OPEC […]
OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump’s calls for action to cool the market. “I do not influence prices,” Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non-OPEC energy ministers […]
Financial experts and shareholders on Saturday expressed mixed reactions over the decision of the Central Bank of Nigeria to revoke the licence of Skye Bank. The stakeholders expressed their views in separate interviews with the News Agency of Nigeria in Lagos, while reacting to the revocation of the licence of Skye Bank by the apex […]
Rivers State has now overtaken Lagos as Nigeria’s number one investment destination, according to a report by the Nigeria Investment Promotion Commission (NIPC), which shows that the oil rich state received the largest investment in the first half of 2018. According to the report, a total of $45.74 billion was invested on 42 projects in […]