Nigeria and Oil: Looking beyond price collapse towards post recovery savings(Part 1)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
NNPC, Chevron share COVID-19 palliatives in Kano
The Minister of State for Petroleum Resources, *Chief Timipre Sylva* on Saturday, led the Nigerian National Petroleum Corporation and its partners – Chevron Nigeria Limited (in the Upstream) and Bovas & Company Limited (in the Downstream) to distribute medical consumables,…
Konga, Unilever seals deal on products delivery
Foremost composite e-commerce giant, Konga has inked a partnership with top Fast Moving Consumer Goods (FMCG) manufacturer, Unilever which will see the wide range of products on the brand’s stable placed at the reach of shoppers across the country. Indeed,…
NIMASA Investigates Cause of Dead Fish along Niger Delta Coastline
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a scientific inquiry to identify the cause of the recent shoals of dead fish washed ashore along the Niger Delta coastline states of Akwa Ibom, Bayelsa, Cross River, Delta, and…
Let other markets emulate BBA in sharing palliatives to their members—Chief Ezeako
Current Treasurer of Balogun Business Association (BBA), Lagos International Trade Fair complex, Chief John Ezeako has called on other major business groups in Lagos Trade Fair complex and beyond to learn from the administration in BBA in sharing relief materials…
BBA only allows dealers on pressurised cans to evacuate wares—CSO
Contrary to speculations that trading activities had been going on at the Balogun Business Association (BBA), Lagos International Trade Fair complex since the commencement of national lockdown, the Chief Security Officer (CSO), Prince Chuks Emechebe, has denied the allegation, saying…
Why BBA shared N9m relief partialities for members—President Obih
President of the Balagun Business Association (BBA), Lagos International trade Fair complex, Chief Tony Obih, has given insights on why his administration deemed it necessary to give out relief packages to members as the national and state COVID-19 lockdown continues….
Lockdown palliatives: Emulate Zinox Group’s strategy to reach needy Nigerians, Atedo Peterside, others urge Govt, Nigeria’s rich
Rich and influential Nigerians as well as state and local governments and Non-Governmental Organizations (NGO) have been urged to borrow a leaf from the strategy deployed by the Zinox Group and Konga to reach and deliver much-needed succour to poor…
COVID-19: NIMASA Extends Certificate Validity For Seafarers
…Move Geared Towards Keeping Them In Job – Jamoh The Nigerian Maritime Administration and Safety Agency (NIMASA) has extended the validity of Statutory and Trading certificates for all Nigerian Registered vessels. These include Standards of Training, Certification and Watchkeeping (STCW)…
Relief measures to port users due to outbreak of COVID-19
The Nigerian Ports Authority has directed all Terminal operators to extend thesuspension of all applicable terminal storage fees on consignments(demurrage)for another fourteen days effective April 13, 2020. This follows the extension of the Lockdown in response to the COVID-19 outbreak…
