Accelerate the removal of barriers in broadband penetration first, ATCON tells FG
The president of the Association of Telecommunication Companies of Nigeria (ATCON), Olusola Teniola, has called for early engagement of relevant stakeholders including states’ governors so as to quicken the removal of all identified barriers hobbling the faster penetration of broadband….
More confusion on Israeli security deal as NIMASA plans to buy new vessels
More signals showing that the hanging but controversial Nigerian waterway security deal allegedly brokered by the Nigerian Maritime Administration and Safety Agency (NIMASA), may have died on arrival have emerged. This is coming as the agency has announced its decision…
NPA suspends operation of service boats to IOCs, debtor companies
…Nigerian waterways access to Egina FPSO in doubt The expected berthing of Total’s $16b Egina FPSO at LADOL Yard in Lagos for further integration of facilities before takeoff to the high sea is now in serious doubt as the Nigerian…
South East most hit as NNPC claims taming monster of fuel scarcity
A review of the most hit region of the country in terms of sufferings’ and hardships associated with the recurring fuel scarcity has shown that the five south east states and two states in South South including Akwa Ibom and…
African economy may still be in the woods by 2032—Report
Just as a new report from London’s Centre for Economics and Business Research, has said that by 2032, Asia will be leading the world’s economies, while the U.S., Europe, and Russia are all expected to experience a significant decline, Africa…
Stock Exchange reviews composition of market indices to drive consolidation this year
The Nigerian Stock Exchange (NSE) has reviewed its NSE-30 composition, and the seven sectoral indices of the Exchange. These include the NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE Oil & Gas, NSE Pension and the NSE Lotus…
2017, a test of Nigerians’ resilience to storms without giving up—Glo
Nigeria’s national carrier, Globacom has greeted Nigerians on New Year, 2018 and described last year, 2017 as a test of Nigerians’ resilience to weather all the storms without giving up. In a New Year Message, the telecom giant advised Nigerians…
NNPC steps up delivery of crude oil marketing automation process this year
Delivery of the last stage of automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world shall be completed in 2018. This is part of the core…
Out of 38 licensed Greenfield, modular refineries, 10 as delivery stage—VP
A statement by the Senior Special Assistant on Media and publicity, Laolu Akande, said that the initiative which featured prominently in recent talks between the Federal Government and the oil-producing areas, as represented by PANDEF, will also reposition the petroleum…
Chad, Niger, Cameroon to consummate cargo transactions at Kaduna Dry Port
As all is set for the commissioning of Kaduna Inland Dry Port in Thursday, January 4, 2018, indications have emerged indicating that not only importers based in northern Nigeria will make use of the facility. According to the port manager,…
