By Eyo Nsima The governor of Lagos state, Babajide Sanwo-Olu, has signed the State Value Added Tax, VAT, bill into law. The State commissioner for information and strategy, Gbenga Omotosho, who confirmed the development, said, “bill for a law to impose and charge VAT on certain goods and services” after returning from an official trip […]
Sanwo-Olu signs VAT bill into law Read More »
By eyo Nsima The Central Bank of Nigeria, CBN, has directed banks to ensure that end-to-end bulk payments or transfers are henceforth processed on the platforms of banks or payment service providers, PSPs for their customers with a detailed breakdown of the accounts that receive the credits. In a circular – Disaggregation of Bulk Payments
CBN directs banks to provide details of accounts receiving credits Read More »
–As Adeosun takes over as Chairman By Eyo Nsima Major Oil Marketers Association of Nigeria, MOMAN, has urged the federal government to deregulate the nation’s downstream sector without further delay in line with the provisions of the Petroleum Industry Act. The new Chairman of MOMAN, Mr. Olumide Adeosun, who made the call at a virtual
MOMAN pushes for fuel subsidy removal Read More »
By Eyo Nsima THE minister of state for Petroleum Resources, Timipre Sylva, has observed that Nigeria currently trail behind the United States, China, Japan, Germany, South Korea, India and other nations in Research and Development, R&D. According to him, this happens because the puts only 0.2 per cent of its Gross Domestic Product, GDP, into
The Department of Petroleum Resources (DPR) has said that optimizing Nigeria’s oil production processes remains a critical factor in the nation’s economic recovery drive and get the full benefits of the country’s resources. A statement in Abuja by the General Manager, Public Affairs of the organization, Mr. Paul Osu, quoted the Director and Chief Executive
Oil production optimization critical to economic recovery Read More »
Container ship MSC KATRINA has been gutted by fire offshore South Africa, according to FleetMon. It stated: “Container ship MSC KATRINA said to be on fire on Sep 9, SW of Port Elizabeth, South Africa. The ship was NUC, adrift since morning Sep 9, later she seemed to be taken on tow by SAR tug
MSC mega container ship on fire offshore South Africa Read More »
LPG tanker FORTE DE SAO MARCOS, docked at Porto de Aratu, Bahia State, Brazil, has exploded, according to FleetMon. It stated: “LPG tanker FORTE DE SAO MARCOS, docked at Porto de Aratu, Bahia State, Brazil, suffered an explosion in one of the cargo tanks at around noon LT Sep 9. “Explosion was followed by a
MARITIME ACCIDENT: How LPG tanker explosion happened in Brazil Read More »
The first set of speakers has been announced for the first event in the 2021 Angola Energy Series, ‘Women in Energy: Angola Advance’ bringing a pool of experience and knowledge together to help oil gas and energy organisations address how they can create and invest in a diverse, enterprise-wide talent pipeline in Angola and the
Global experts unite to empower women to advance in oil, gas industry Read More »
21 Winners of Merck Foundation More Than a Mother Fashion Awards 2020 from Ghana, Namibia and Zambia were celebrated during the ceremony; 2 New fashion awards 2021 were announced by Merck Foundation in partnership with African First Ladies. Merck Foundation, the philanthropic arm of Merck KGaA Germany conducted an award ceremony to felicitate and celebrate
Merck Foundation CEO celebrates winners of ‘More Than A Mother’ FASHION Awards 2020 Read More »
Bulk carrier ZILOS, disabled by an explosion on August 31, 2021 as of September 7, 2021, is still adrift, according to FleetMon. It stated; “Bulk carrier ZILOS, disabled by an explosion on Aug 31, as of Sep 7 is still adrift, understood she’s to be towed to Montevideo by offshore tug RG WARRIOR (MMSI 701120000).
Tug underway to take disabled bulker on tow, South Atlantic Read More »
