Customs impounds six containers of smuggled timber, arrest 2 suspects
The Nigeria Customs Service, NCS, Federal Operations Unit( FOU) Zone ‘C’ has impounded three trucks conveying six 6×20ft containers of logs of unprocessed timber. This...
Business
Rivers govt shuts down Trans-Amadi slaughter market permanently
The Rivers State Executive Council has approved a total shut down of the Oginiba slaughter market located in Trans -Amadi Industrial layout in Obio-Akpor Local...
We can’t prevent SHELL from divesting onshore assets – Kyari
Barely a few days after Royal Dutch Shell launched the divestment of its 30 per cent stake in Shell Petroleum Development Company, its Nigerian subsidiary,...
5G: NCC, telecos agree on Frequency Spectrum
Major telecommunication companies in Nigeria have agreed with the Nigerian Communications Commission (NCC) on instruments necessary for the deployment of 5G technology in the country....
CBN direct banks to set up teller points for forex
Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale of Foreign Exchange...
Water producers in Rivers State happy with ministry’s sanitisation effort
Water Producers Association of Nigeria (WAPAN), Rivers State Chapter, and her sister organization, Association of Table Water Producers of Nigeria (ATWAP), have commended the efforts...
Why FG allowed only Dangote, two others to import surgar-CBN
Central Bank on Nigeria, says it restricted the importation of sugar into the country to three companies: BUA Sugar Refinery Ltd, Dangote Sugar Refinery Plc,...
FG rakes in N1tr from sale of public assets -Okoh
The Bureau of Public Enterprises (BPE ), says N1 trillion had been generated from 234 concluded transactions of previously government-owned enterprises from various sectors of...
Reps, DPR bicker over oilfield awards
The House of Representatives’ Committee on Public Petitions and the Department of Petroleum Resources (DPR) are at loggerheads over Dawes Island marginal field lost by...
Sell NNPC shares to Nigerians-NLC
Nigeria Labour Congress, NLC, has opined that the Nigeria National Petroleum Corporation, NNPC, should be transformed into a public liability company where every Nigerian can...