Author name: Alison_Godswill

JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 %

JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 %

JUST IN: CBN tackles illegal foreign exchange operators, retains MPR at 11.5 % By Eyo Nsima  The Central Bank of Nigeria (CBN), Friday, disclosed the retention of the Monetary Policy Rate (MPR), at 11.5 percent and the asymmetric corridor of +100/-700 basis points around the MPR. Addressing the press at end of the Monetary Policy

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR generates N2.24trn in 8 months, targets N5trn in December

DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a

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Africa Capitalworks stakes equity investment in Dorman Long

Africa Capitalworks stakes equity investment in Dorman Long By Eyo Nsima Africa Capitalworks, ACW, a Sub-Saharan Africa-focused private equity company, Wednesday, made a significant equity investment in Dorman Long Engineering Limited, DLE. DLE, an indigenous company, which provides high value engineering services, fabrication, asset management and galvanising services to a range of high quality international

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The 21st Special Meeting of the ECB concludes

The 21st Special Meeting of the ECB concludes The 21st Special Meeting of the Economic Commission Board (ECB), held via videoconference, concluded today, Monday, 13 September 2021. The Meeting was chaired by OPEC Secretary-General, HE Mohammad Sanusi Barkindo, and was attended by the National Representatives of OPEC Member Countries. The ECB conducted a thorough technical

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Construction of Ondo Oil and Gas Park to start, NCDMB assures Govt, Investors 

NCDMB, Host Communities Parley on Security of Projects, Jobs  

  NCDMB, Host Communities Parley on Security of Projects, Jobs     The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday in Yenagoa held the maiden interactive session with representatives of host communities of its major projects in Bayelsa State and charged them to protect and support the projects in their localities to ensure their

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FG Removes Excise Duty for Telecoms Services

5G: Minister Tasks NCC on Speedy Implementation

5G: Minister Tasks NCC on Speedy Implementation …As Danbatta leads delegation on a courtesy visit Following approval of the National Policy on Fifth Generation (5G) technology deployment in Nigeria by the Federal Executive Council (FEC) on Wednesday, the Hon. Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has urged the Nigerian Communications

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MARITIME ACCIDENT: Tanker disabled by fire, towed to Augusta Sicily

MARITIME ACCIDENT: Tanker disabled by fire, towed to Augusta Sicily Product tanker SAMUS SWAN has suffered a fire in the engine room on September 11, 2021, according to FleetMon. It stated: “Product tanker SAMUS SWAN reportedly suffered fire in the engine room on Sep 11, south of Sicily, while en route from Livorno to Gabes

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Sameh Marine Shipping Agencies begins operations

  By Eyo Nsima A maritime company, Sameh Marine Shipping Agencies, has started operations, according to FleetMon. It stated: “Sameh Marine Shipping Agencies Offering the most a comprehensive range of services tailored to your vessel’s needs, our expert team is trained to focus on your requirements & understanding the importance of supplying the right item

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