Business

By Amos Okioma, Yenagoa As part of its corporate social responsibilities to its communities, the Aiteo Group, indigenous oil and gas company operating in Bayelsa State, has donated the sum of five hundred million Naira to boost the state’s Education Trust Fund. Speaking at the fund’s launch in Yenagoa, Mr Benedict …

… PM Receives Energy, Maritime Reporters The Rivers Port, formerly known as Port Harcourt Port, is now safe for business, and busy as well, recording marked improvement in cargo and vessel traffic. Manager of the Rivers Port, Alhaji Abubakar Garba Umar, made this known last Thursday as he received a …

By Amos Okioma, Yenagoa A  Niger Delta group, the Ifalibobou Revolutionary Movement (IRM) has expressed safety concerns over the state of an oil rig deployed to oilfields at Koluama coastal communities in Bayelsa. The group issued an ultimatum to First Exploration and Petroleum Development Company (First E&P) to clarify the …

By Amos Okioma, Yenagoa Indigenous oil and gas giant, Aiteo, has reassured the people of Bayelsa State of its commitment to the development of its host communities, while commending the people of Nembe community for agreeing to disband the barricade to its (Aiteo) logistic base. This development coincides with the …

The first vice-president of the Nigerian Association of Estate Surveyors and Valuers, Chief Emma Okas Wike has faulted the involvement of engineers in the business of valuation of properties and assets in the country. Okas Wike who spoke recently with newsmen in Port Harcourt said only a registered estate surveyor …

Oil and gas firm, Aiteo E & P Limited, has restructured its executive management, naming a number of officials into senior management positions. According to a release signed by the firm’s senior corporate communications manager, Ndiana Matthew, this followed a review of Aiteo’s operational and investment objectives, and also in …

The umbrella body for manufacturers, importers, exporters, traders and other related organisations in the country, Value Chain Traders Organization of Nigeria (VACTON), has inaugurated its national and state officers, as well as held a special seminar for its members. President/BOT chairman of the association, Amb. Dr. Ralph John, presenting an …

By Amos Odeh, Yenagoa The masterminds of the April 21 fire outbreak at OML 29 oilfields, operated by Aiteo Eastern Exploration and Production, were burnt to death. Rear Admiral Akinjidie Akinrinade, commander of the Joint Task Force (JTF) deployed to the Niger Delta disclosed this shortly after inspecting the incident …

The Rivers State commissioner for Commerce and Industry, Hon. Mrs Nancy Nwankwo has commended the president of Port Harcourt Chamber of Commerce, Chief Nabil Saleh and his team for their efforts at taking PHCCIMA to new heights. The commissioner made the commendation during a visit to the chamber’s secretariat in …

By Amos Okioma, Yenagoa The Small and Medium Enterprises Development Agency (SMEDAN) on Tuesday said some 104 young business owners are benefiting from its entrepreneurship training scheme in Bayelsa. The capacity building programme runs from April 15 to 19. Dr Dikko Radda, deputy director of SMEDAN in his remarks, noted that over …