Business

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 …

By Amos Okioma, Yenagoa The absence of Justice Awogboro Abimbola of Court 2, Federal High Court, Yenagoa on Thursday stalled hearing on a suit filed by Nembe Community seeking to halt renewal of the OML 29 lease. It would be recalled that Abimbola who lost her mother was absent at …

By Amos Okioma, Yenagoa The Nigeria Content Development and Monitoring Board (NCDMB) has urged indigenous companies to position themselves to take advantage of new projects valued at about $100 billion in the oil sector. Mr Simbi Wabote, executive secretary of NCDMB on Thursday said that the rebound of the oil …

By Amos Odeh, Yenagoa The Maritime Union Workers of Nigeria in Bayelsa State has decried the incessant attacks by sea pirates along the Bayelsa water ways especially the Southern Ijaw axis, and have appealed to the government for adequate security to enable boat operators do their business effectively. The chairman …

Joel Anekwe, Port Harcourt First City Monument Bank (FCMB), one of Nigeria’s new generation banks has charged journalists in the country to rise up to the important role they have in achieving national cohesion. Towards this end the bank Wednesday organised a one day media parley for journalists in the …

As part of activities marking this year’s World Water Day, the Nigerian Bottling Company (NBC) on Friday took the lead in keeping its host community, Oginigba in Obio/Akpor Local Government Area of Rivers State, clean and safe for human living. NBC’s Public Affairs and Communications director, Ekuma Eze, noted that …