Taxation economy scaring investors away-PHCCIMA
President of the Port Harcourt Chamber of Commerce Industry, Mines and Agriculture (PHCCIMA) Sir Mike Elechi has decried the practice of taxation economy in Nigeria...
Business
RSG inaugurates multi-chain supermarket
Rivers State governor Nyesom Ezenwo Wike says he is delighted that measures taken by his administration to make the State an investment destination have continued...
Senate gives NLNG two months to pay N18.4 billion to Rivers host communities
The Senate has ordered the Nigeria Liquefied Natural Gas (NLNG) Limited to pay N18.4 billion compensation to 73 communities of Obiafu, Soku and Bonny in...
P’Harcourt Refinery to refine 60,000 barrels daily in 2023
The Minister of State for Petroleum Resources, Timipre Sylva, has assured Nigerians that the Port Harcourt refinery’s rehabilitation will be completed soon and that the...
Old P’Harcourt refinery to resume operations in December – FG
The Federal Government has said that the Port Harcourt Refineries will become functional by December, 2022. The Minister of State for Petroleum Resources, Timipre Sylva,...
NLNG receives road infrastructure tax credit certificate for Bonny – Bodo Road from FIRS
The Nigeria Liquefied Natural Gas Limited (NLNG), one of the companies undertaking the construction of roads under the Road Infrastructure Development and Refurbishment Investment Tax...
FG takes over PHEDC, three others, constitute board
Federal Government has completed the takeover of four electricity distribution companies (DisCos) and constituted the board of the Nigeria Electricity Liability Management Company. Those taken...
Insecurity reason for under-utilisation of Eastern Port-NPA MD
The management of Nigerian Ports Authority (NPA) has cited insecurity on the waterways as reason for the under-utilisation of the four Ports in the Eastern...
NLNG signs GMoU with six Rivers communities
As part of effort to strengthen sustainable community development, Nigeria Liquefied Natural Gas (NLNG) Limited has launched a Global Memorandum of Understanding (GMoU) with six...
Rwandan Ambassador to attend Ogoni Business Summit
The Rwandan Ambassador to Nigeria, Stanislas Kamanzi, is due to arrive Port Harcourt, capital of Rivers State for the forthcoming Ogoni Business Summit, scheduled for...