Coaster fell victim to typhoon passing Taiwan Strait General cargo ship SAM BO II was pushed on the breakwater of Budai Port, Chiayi County, western Taiwan, in the afternoon July 5, while leaving port, failing to hold on against strong wind and swell brought by LUPIT typhoon, according to FleetMon. It stated; “ 9 crew […]
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NEITI asks FIRS to recover $20bn from firms By Eyo Nsima The Nigeria Extractive Industries Transparency Initiative, NEITI, has requested the Federal Inland Revenue Service, FIRS, to assist it in recovering over $20 billion in unremitted revenue. Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, who disclosed this when he led a delegation to
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DANGOTE SALT INTRODUCES THE DANGOTE SALT ART CHALLENGE 2021 – UNLEASH YOUR CREATIVITY Dangote Salt is redefining the way we engage with art in Nigeria. Monday, 28th June 2021 Lagos: Dangote Salt calls for creative entries in the second edition of the Dangote Salt art challenge. The opening date for the submissions is 1stof
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AAAN, Henley Business School announce Masterclass The Association of Advertising Agencies of Nigeria (AAAN), in partnership with Henley Business School (HBS), has announced the dates for its second AdCademy Masterclass. The programme, announced at a virtual press conference, will hold from 26-29 August. The Series is part of AAAN’s efforts at expanding the industry’s talent
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Confusion as gunmen hijack Asphalt tanker ASPHALT PRINCESS in Gulf of Oman There was confusion as gunmen hijack Asphalt tanker ASPHALT PRINCESS in the Gulf of Oman, according to FleetMon. It stated: “Asphalt tanker ASPHALT PRINCESS was alleged, “boarded and hijacked” by 9 armed men off Fujairah, UAE, Gulf of Oman, in the afternoon Aug
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CBN introduces guidelines for Payments Service Holdcos By Eyo Nsima The Central Bank of Nigeria, CBN, has introduced guidelines for the regulation of Payments Service Holding Companies, PSHCs, in the nation. The guidelines, stated: “The regulation requires companies desirous of operating more than one license category, to set up a PSHC, with activities of subsidiaries
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DBN increases loan portfolio to N215bn The Development Bank of Nigeria (DBN) has increased its loan portfolio to N215.1 billion. DBN’s Managing Director, Mr. Tony Opkanachi, who provided the loan portfolio data in a statement, stated: “Notably, the Bank maintains a BASEL II capital ratio of 75.2 percent, several multiples of the minimum 10 percent
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Heirs Insurance Limited, Heirs Life Assurance customers can purchase policies in five minutes — Mgt By Eyo Nsima Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have disclosed that customers can now buy insurance policies from their websites in five minutes. Niyi Onifade, Managing Director, Heirs Life Assurance, who disclosed this explained that the
NDPHC seals MoU with Ondo State to supply 5MW By Eyo Nsima Niger Delta Power Holding Company Limited (NDPHC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to supply five Mega Watts of electricity to the state capital, Akure. The agreement will enable the NDPHC to supply power to Akure from
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Brazil: TotalEnergies launches Phase 4 on the Giant Mero Field Development TotalEnergies and its partners have taken the investment decision for the fourth phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin. The Mero 4
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