Business

The Nigerian Agip Oil Company (NAOC) on Wednesday explained that it responded within 24 hours after a pipeline blast by vandals at its Taylor Creek oilfields in August 2019 and shut the facility to curtail further degradation of the environment. The explanation is coming on the heels of outcry that …

By Joel Anekwe The Ijaw Youth Council (IYC) has warned the Nigeria Liquefied Natural Gas (NLNG) Limited against moving or contracting out the fabrication components of the Front End Engineering Design (FEED) for its Train 7 project billed to take place on Bonny Island to Lagos or to non-indigenous companies. …

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said it has resumed oil exports from the Forcados Oil Export Terminal halted on April 4 over ‘unforeseen circumstances’ in its operations. Mr Michael Adande, an SPDC spokesman confirmed the development to our correspondent in an email on Monday. …

Covid 19: Bayelsa Entrepreneurs Groan Over Loses, As Govt Plans Market Shutdown By Amos Okioma, Yenagoa  Due to the outbreak of coronavirus disease, codenamed Covid 19, businesses in Bayelsa State like their contemporaries in other climes have started recounting loses owing to restrictions placed by the government as part of its …

By Joel Anekwe  Oginigba community, in the Port Harcourt City Council of Rivers State, at the weekend got a N44 million Primary Health Care Centre, courtesy of the International Breweries Plc. The health centre, which was started in 2019 is a state of the art health facility equipped with medical …

By Joel Anekwe, Port Harcourt The Manufacturers Association of Nigeria (MAN) has declared its opposition to the planned ban on electricity generating sets, noting that it would have negative impact on the nation’s economy.  The umbrella body of manufacturers in Nigeria came out with this position during its 303rd National …

By Amos Okioma, Yenagoa  Some 70 members of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday bemoaned the nonpayment of their severance package 10 years after they were sacked by Mobil Producing Nigeria (MPN), subsidiary of US firm ExxonMobil. They said that they were disengaged in 2009 before …

By John Amaowoh Over five thousand young men and youths have kicked against the ban on the activities of cart pushers on the streets of Port Harcourt and its environs by the Rivers State Waste Management Agency (RIWAMA). The cart pushers, who are mostly Northerners youths, have called on the …

By Mineh Okioma, Yenagoa  The Bayelsa International Airport will be formally commissioned on Monday, February 10, 2020, the state commissioner for Information and Orientation, Daniel Iworiso-Markson has said. The commissioning is coming a year after the inaugural flight to the airport which was embarked on by Governor Seriake Dickson. Iworiso-Markson …

Despite increasing efforts to ensure ease of doing business in the Eastern ports, national trustee member of the Maritime Workers Union of Nigeria (MWUN), Comrade Waite Harry, says the Federal Government is not doing enough to develop the ports in the region. Waite’s comment comes as the Nigerian Ports Authority …