The Mobil Producing Nigeria Unlimited has attributed the peaceful resolution of the industrial dispute that engulfed the company last year to the astute negotiating skill of the Minister of Labour and Employment, Sen. Chris Ngige. Speaking when he led members of the management team on a congratulatory visit to the Minister, Executive Vice Chairman of […] …
Nigeria news
NCC uncovers 9.2m improperly registered SIM cards
THE Nigerian Communications Commission (NCC) on Thursday uncovered 9.2million improperly registered subscriber identity module (SIM) cards in use across the networks in the country. Communications Minister, Dr Ibrahim Pantami, has ordered the disconnection of such lines from the network. The discovery of the ‘rogue’ SIM cards was contained in the baseline short-term performance targets report […] …
Nigeria, Iraq agree to cut oil output
THE Organisation of Petroleum Exporting Countries (OPEC) on Saturday agreed to trim oil output by asking over-producing members Iraq and Nigeria to bring production in line with their targets. The group is striving to prevent a glut amid soaring U.S. production and a slowing global economy. Nigeria is to reduce supply by 57,000 barrels per […] …
DisCos Q1 revenue collection hits N116.9billion
THE 11 dictribution companies (DisCos) collected N116.9billion from customers out of the total bill of N182.8billion in the first quarter (Q1) of this year, it was learnt on Thursday. Despite the increase in the amount of energy received by DisCos and a higher billing efficiency recorded relative to the preceding quarter, there is a 0.5per […] …
Obasanjo, others seek engineering education
FORMER President Olusegun Obasanjo has said the economic development of the nation depended on the constructive contribution of the engineering sector. Obasanjo, who spoke during a programme organised by the Nigeria Academy of Engineering in Lagos, said without engineering there, cannot be any meaningful development. He said economic growth is achieved when efforts are made […] …
Fed Govt eyes 140,000 jobs from NLNG Train 7
THE Nigerian Liquified Natural Gas (NLNG) Train 7 Engineering, Procurement and Construction (EPC) Contract would create over 40,000 direct jobs and provide employment for over 100,000 workers, it was learnt on Thursday. Speaking at the signing of the Letter of Intent of the $10billion project in Abuja, the Executive Secretary, Nigerian Content Development Monitoring Board […] …
FG launches Micro Pension Plan for informal sector
As part of the federal government’s initiative to achieve financial inclusion, a diversified and inclusive economy, President Muhammadu Buhari has formally launched the Micro Pension Plan (MPP). The MPP, an initiative of the National Pension Commission (PenCom), which is expected to significantly expand pension coverage to informal sector players including self-employed persons and employees of […] …
CBN mobilises school children to embrace saving culture
The Central Bank of Nigeria (CBN) has started a campaign to educate school children about money, saving, creating livelihoods and becoming an entrepreneur. The CBN’s Deputy Governor, Financial System Stability (FSS), Mrs. Aisha Ahmad led some CBN Directors to visit some schools within Abuja as part of activities to mobilise secondary school children to embrace […] …
itel Mobile introduces new max-power battery smartphones
itel Mobile, Africa’s foremost customer-centric brand, has revealed in Lagos its latest gadget technology with the highly anticipated unveiling of a significant upgrade to its existing super Max-power flagship series – the itel P33 and itel P33 plus, with a heroic, My power, my hero. The budget-friendly and high-quality smartphones company with premium legacy of […] …
NNPC recruitment enters second phase
The Phase One of the ongoing recruitment exercise by the Nigerian National Petroleum Corporation (NNPC), which kicked off via nationwide advertisements in the national dailies and online media on Wednesday, March 13 ends tonight with the closure of the corporation’s application portal. READ ALSO: We are recruiting, NNPC confirms A release on Wednesday in Abuja by […] …