Business

By David Owei, Yenagoa A new executive has been inaugurated to pilot the affairs of the Swali Ultra-Modern Market in Bayelsa State for the next three years. The inauguration of the 10-member executive, which took place at the conference room of the Bayelsa State ministry of Trade and Business Development, was …

By Amos Okioma, Yenagoa The Federal High Court sitting in Yenagoa on Monday declined an application to halt the renewal of Oil Mining Lease (OML) 29 until the determination of a pending suit by Nembe communities in Bayelsa State. The communities are seeking an environmental audit of the impact of …

By Amos Okioma, Yenagoa   The Shell Petroleum Development Company (SPDC) says it has raised some 6,659 entrepreneurs from its gas fields in Bayelsa and Delta from 2003 till date. Mr Igo Weli, general manager, External Relations at SPDC stated this on Wednesday at a graduation and award ceremony for …

By Joel Anekwe Polaris Bank Limited has charged journalists in Nigeria to live up to their responsibilities of factual and authentic presentation of news reports in order to save the services sector from the dangers of widespread incidences of fake news. Giving the charge in Port Harcourt on Monday, at …

The Port Harcourt Chamber of Commerce (PHCCIMA), as leader of the organized private sector in Rivers State, and the state government, have forged a shared interest in building confidence for investors visiting the state. This was the position of a delegation of United States of America and Republic of Korea …

… Port Harcourt Practitioners visit RISAA Acting MD The Advertising Practitioners Association Port Harcourt Chapter (APAPHC) has paid a visit to the acting managing director of Rivers State Signage and Advertisement Agency (RISAA), Chief Hon Anthony Okeah, in Port Harcourt. Speaking during the occasion, the chairman, APAPHC, Frank Eze Aribodor, …

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 …