Business

Indigenous oil and gas firm, Aiteo Eastern Exploration and Development Company of Nigeria Limited (Aiteo), has again raised concerns on the recent spate of sustained attacks on the key national oil infrastructure in its asset base, the Nembe Creek Trunk Line (NCTL). In a release by Ndiana Matthew, the company …

By Joel Anekwe  The Nigeria Liquefied Natural Gas Limited (NLNG) has said that with its delivery of Domestic Liquefied Petroleum Gas (DLPG) to Stockgap terminal in Port Harcourt, the number of deaths associated with dirty energy sources in Nigeria would significantly reduce.  Making the revelation in Port Harcourt during the delivery …

The Rivers State chapter All Farmers’ Association of Nigeria (AFAN) has inaugurated a new executive, led by Chief Ofioma-bari Igwe, to pilot its activities. The executive takes over from the Prince Alphaeus Ibanichuka-led team which stepped down recently. AFAN’ national vice chairman (South South), Chief Michael Udo Akpan, described the …

By Paul Williams, Abuja The Federal Account Allocation Committee (FAAC) has shared to the federal, states and local governments a total sum of N693.529 billion as federal allocation for the month of September, 2019. The accountant general of the federation, Mr. Ahmed Idris, revealed this in Abuja, while addressing newsmen …

Following a weekend raid on the premises of three cable TV operators in Port Harcourt, the Rivers State capital, by operatives of the Economic and Financial Crimes Commission (EFCC), the Association of Cable Operators of Nigeria (ACON) has called on the anti-graft agency to release nine of their employees arrested …

Marine pollution in the Niger Delta and the South South and South East in general has continued to be an issue of growing concern to the maritime sector and the Nigerian Government. In a bid to combat this increasing pollution of the waterways and general marine environment in the South …

The United States Chamber of Commerce has appointed the chairman and chief executive officer of Aiteo, Benedict Peters, to the advisory board of the US-Africa Business Center. According to a release made available by Aiteo’s head, media operations, Ndiana Matthew, Mr. Peters will join CEO’s from many Fortune 500 companies …

A new commissioner of Police has been posted to the Eastern Ports command of the Nigeria Police Force. He is Yunusa Edwin Ogwuche, who until his appointment was the commissioner of Police in charge of Forces Border Patrols at the Forces headquarters Abuja. He took over from Alex Opara who …

By Amos Odeh, Yenagoa  Activities of suspected crude oil thieves have set fire at the Agip oil pipeline at Ubeta in Ahoada West Local Government Area of Rivers. The field is operated by the Nigeria Agip Oil Company (NAOC) a subsidiary of Italian Energy firm, Eni. Ubeta is a border …

By Amos Odeh, Yenagoa The Weights and Measures department, federal Ministry of Industry, Trade and Investment has commenced inspection of filling stations in Bayelsa State. The exercise, aimed at checking the exploitation of the public, is part of efforts to correct irregularities in quantity of products sold to customers. The …