Author name: Alison Godswill

ASSET OWNERS: SEC emerges with new requirements firms registration for Nominees

The Securities and Exchange Commission, SEC, has released new requirements for companies applying to act as Nominees for asset owners in Nigeria. Unlike in the past, SEC stated: “a Nominee Company shall have a minimum of three sponsored Individuals, one of whom shall be a compliance officer; b) The Managing Director of the Company shall […]

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CNL decries the circulation of false recruitment information

Chevron makes an offer to acquire Noble Midstream Partners LP

Chevron Corporation has submitted a non-binding proposal to the Board of Directors of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP (NASDAQ: NBLX), to acquire all of the publicly held common units representing limited partner interests in NBLX not already owned by Chevron and its affiliates (the Common Units). In a

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WORLD WETLANDS DAY: FG, NCF collaborate to preserve wetlands in Nigeria

The Federal Ministry of the Environment and Nigerian Conservation Foundation (NCF), have collaborated to mark the 2021 World Wetlands Day (WWD). The event was marked on Tuesday, February 2, 2021, via a webinar with the theme, “wetlands and water” which was targeted at reflecting on the challenges and solutions associated with the conservation of wetlands

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COVID-19: Confirmed cases rise to 165,370 in Nigeria

COVID-19: Confirmed cases rise to 136,030 in Nigeria

The confirmed cases of coronavirus pandemic has increased to 136,030 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 4th of February 2021, 1340 new confirmed cases and 14 deaths were recorded in Nigeria. Till date, 136030 cases have been confirmed, 110449 cases have been discharged and 1632 deaths

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Finance Act 2020: NCC, Sister Agencies to Strengthen Collaboration with FIRS

An inter-agency committee set, up by the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, to discuss areas of collaboration between the agencies of the Federal Ministry of Communications and Digital Economy and the Federal Inland Revenue Service (FIRS) in relation to the Finance Act 2020 has held an interactive session. Chaired

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JUST IN: Instability descends on Nigerian Universities, others as unions begin strike

JUST IN: Instability descends on Nigerian Universities, others as unions begin strike   Another round of instability is set to resend upon Nigerian universities and other higher institutions, as Non–teaching staff are set to embark on strike on Friday, February 5, 2021.   The indefinite strike is fueled by their displeasure over the Federal Government’s

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MARITIME: Global accident rises by 2.7% to 76

MARITIME ACCIDENT: How Ferry runs aground on reefs twice in Indonesia

Ferry SABUK NUSANTARA 62 has run aground on the reefs twice in less than 48 hours, in Raja Ampat Regency waters, West Papua, Indonesia, according to FleetMon. It stated: “Ferry SABUK NUSANTARA 62 ran aground on the reefs twice in less than 48 hours, in Raja Ampat Regency waters, West Papua, Indonesia. The first grounding

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PIA: DPR, others collapse website, NUPRC takes over

OIL THEFT: It’s practically impossible to steal offshore – DPR

The Department of Petroleum Resources (DPR), yesterday, disclosed that the majority of the crude oil theft recorded in the country’s petroleum industry occur in the inland terminals, noting that it is practically impossible to steal crude oil from the offshore terminals. In a statement issued by its Head, Public Affairs, Mr. Paul Osu, in Abuja,

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