FG inaugurates N61bn local content intervention fund today

FG inaugurates N61bn local content intervention fund today

Okechukwu Nnodim, Abuja The Federal Government will inaugurate the $200m (about N61bn at the official exchange rate of N305 to a dollar) local content intervention fund today (Thursday). It was gathered that the $200m Nigerian Content Intervention Fund would be directed at increasing local content in the oil and gas industry and would be used [&#82...
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NNPC, IOCs join forces against oil, gas sabotage

NNPC, IOCs join forces against oil, gas sabotage

Okechukwu Nnodim, Abuja The Nigerian National Petroleum Corporation has said it is working closely with international oil companies to deploy a structured security apparatus in strategic places including the Niger Delta to arrest incidence of oil and gas infra...
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Nigeria to join aviation emission reduction implementation by 2021

Nigeria to join aviation emission reduction implementation by 2021

Maureen Ihua-Maduenyi Nigeria will by 2021 join the International Civil Aviation Organisation in the implementation of the pilot phase of the Carbon Offsetting Reduction Scheme for International Aviation, the Nigerian Civil Aviation Authority has said. The Dir...
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Dealing with bank debt of a deceased relative

Dealing with bank debt of a deceased relative

Nike Popoola Personalbanking@punchng.com Dealing with the death of a partner or family member is sometimes more difficult than when you have to sort out their debts. Our guide gives you advice on how to sort out someone’s debt after he or she has died. You c...
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Creating profitable enterprises with the right skills

Creating profitable enterprises with the right skills

IFE OGUNFUWA writes on the benefits of combining vocational training with business management training in youth empowerment The use of hands-on skills to earn a living is not new. These skills are acquired through vocational training for a period of time and i...
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FIRS shuts MRS Oil over N497m tax debt

FIRS shuts MRS Oil over N497m tax debt

The Federal Inland Revenue Service on Wednesday closed down an MRS Oil’s facility in Lagos over a tax debt amounting to N497.1m, an action the agency described as part of measures being taken against tax-defaulting companies in the country. An enforcement te...
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How AMCON intervention saved Arik Air

How AMCON intervention saved Arik Air

A former Vice-Chairman of Arik Air, Sen. Anietie Okon, has alleged that the plan by some “powerful” individuals to take over the airline and sell it cheaply to themselves was thwarted by the intervention of the Asset Management Company of Nigeria. Okon mad...
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Wal-Mart to enter voice-shopping market

Wal-Mart Stores Inc (WMT.N) is teaming up with Alphabet Inc’s (GOOGL.O) Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc (AMZN.O), adding another front to Wal-Mart’s battle with the online megastore. Google, which ma...
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From Hollywood to Nollywood: Nigeria’s walk of fame

Despite the country’s recent economic woes, its film industry achieved an unprecedented feat with its highest ever grossing movie, 'The Wedding Party.' The post From Hollywood to Nollywood: Nigeria’s walk of fame appeared first on Nigerian Entertainment To...
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NNPC alerts on international crude oil fraudsters

The Nigerian National Petroleum Corporation (NNPC) yesterday raised the red flag on the activities of con men who specialise in circulating phantom letters of crude oil allocation with the intent of defrauding unsuspecting would-be buyers or members of the pub...
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