Breach of contract: Court strikes out 12 suits filed by Aiteo’s contractors
A Bayelsa High Court on Thursday struck out 12 suits filed by surveillance contractors engaged at the Nembe Creek oilfields by Aiteo Eastern Exploration Limited
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Towing the path to successful marginal field bid round
For the oil and gas industry, year 2020 remains unusual in the highs and lows of economic cycles. The downturn caused by COVID-19, however, has
Suspended implementation of electricity tariff hike, a relief – MAN DG
The Manufacturers Association of Nigeria (MAN) on Thursday described the directive by the Federal Government to suspend the implementation of the proposed electricity hike as
U.S. Transport Secretary resigns over Capitol Hill riot
U.S. Transportation Secretary, Elaine Chao, has announced her resignation over Wednesday’s breach of the Capital Hill by supporters of President Donald Trump. She is the
TCN records enhanced all-time peak of 5,552.80MW
The Transmission Company of Nigeria (TCN) says it has successfully transmitted an enhanced all-time peak of 5,552.80 Mega Watts (MW) on Wednesday at 8.15pm. TCN’s
NSE sustains growth by N66bn on Seplat gain
Trading activities on the nation’s bourse advanced further by N66 billion to extend gaining streak to two consecutive sessions. The price rally was driven by
CBN supports Customs with 4 scanners to boost revenue generation
The Central Bank of Nigeria (CBN) has made commitment to support Nigeria Customs Service (NCS) to promote technology driven service to boost the nation’s economy.
Aero Contractors MD steps down
The Managing Director, Aero Contractors, Captain Ado Sanusi, has resigned from the airline. Sanusi confirmed this in a telephone interview with our correspondent on Wednesday.
Gas pipeline explosion rocks Rivers community — Paramount ruler
There was panic in Oduoha community in Emohua Local Government Area of Rivers, following an early morning pipeline explosion on Wednesday, the News Agency of
FCMB names Yemisi Edun as Acting-MD
The First City Monument Bank (FCMB) has named Mrs Yemisi Edun as the Acting Managing Director of the bank in the interim, while Mr Adam
