Business

NIMASA drums support for NSDP Cadets to participate In NYSC scheme

The Nigerian Maritime Administration and Safety Agency (NIMASA) has assured graduates under the National Seafarers Department Programme(NSDP) that it would engage management of the National Youth Service Corps (NYSC) for beneficiaries  to participate  in the scheme. 
The Director General of NIMASA, Dr. Dakuku Peterside disclosed this while reacting to some of the demands made by the aggrieved cadets during last Monday protest at the agency's corporate head office in Lagos.  

Skyebank: ASSBIFI advise customers to continue business

By Eberechi Obinagwam

The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has advised customers of the defunct Skyebank, now Polaris bank, to continue to do business with the bank as there is no cause for alarm.

  Before the revocation of the operating license of Skyebank, the Federal Government through the Asset Management Corporation of Nigeria (AMCON) had injected N786 billion in it.

AAMA re-elects Dakuku as chairman

.Says Africans deserve better share of world maritime trade

By Valentine Amanze

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has been re-elected the Chairman of the Association of African Maritime Administration (AAMA) for another term.

  Dakuku, who is the incumbent chairman of the association, was unanimously elected to continue to lead the body by the member-states present at the 4th conference of the continental body which met at the El-Sharm sheik in Egypt, recently.

Firm asks court  to wind up  Summit Oil over debt

limited liability company, Seistech Energy Company Limited (applicant) has filed a petition before a Federal High Court sitting in Lagos, Southwest Nigeria, urging the court to wind up Summit Oil International Limited (respondent) an exploration and production oil company, on the ground that the company is insolvent and unable to pay its debt .

What Nigeria will gain via tobacco control –Oluwafemi, Esan

By Valentine Amanze

Nigeria Air: Foreign investors, international community won’t take Nigeria serious again –Peter Obi

Former Governor of Anambra State, Mr. Peter Obi, has expressed shock over the sudden suspension of plans by the Federal Government to float a new national carrier to be known as Nigeria Air.

Minister of State for Aviation, Senator Hadi Sirika, who unveiled the airline with fanfare on July 16 at the Farnborough International Air Show, United Kingdom, announced the suspension of the project via his Twitter handles on Wednesday afternoon. He said the decision was taken by the Federal Executive Council and gave no reasons.

FG suspends Nigeria Air indefinitely – Minister

The Minister of State for Aviation, Hadi Sirika, on Wednesday, announced the suspension of the planned national carrier, Nigeria Air.

On his Twitter handle, @hadisirika, Sirika tweeted: I regret to announce that the Federal Executive Council has taken the tough decision to suspend the National Carrier Project in the interim. All commitments due will be honoured. We thank the public for the support as always.”

Recall that Nigeria Air was launched in London earlier this year with unveiling of the airline’s logo. (NAN)

How two were killed, several injured in Ekiti bank robbery

Two persons were killed and several others injured on Wednesday evening during a bank robbery in Igede-Ekiti, Ekiti State.

The Public Relations Officer of the Ekiti State Police Command, Caleb Ikechukwu, confirmed the incident to Channels Television.

According to eyewitnesses, the robbers comprising male and female members shot repeatedly into the air when they arrived, causing members of the community to scamper for safety.

Breaking: Nigeria's Finance Minister, Kemi Adeosun, resigns

Nigeria’s finance minister, Kemi Adeosun, has resigned from the President Muhammadu Buhari led government.

It is, however, unclear when the former Ogun state commissioner for Finance resigned her appointment.

It is however believed that the resignation followed the allegation of not serving the compulsory National Youth Service Corps, NYSC, and obtaining a certificate that the NYSC has disowned.

The minister felt that her position is becoming untenable and is hurting the President in the run-up to the 2019 election.

MTN sues Nigerian govt, CBN over $10.1b demand

...says authorities send conflicting messages, instructions

Embattled telecommunications giant, MTN Nigeria, yesterday filed a petition against the Attorney General of the Federation (AGF) and the Central Bank of Nigeria (CBN) at the Federal High Court, Lagos over demands for the return of $8.1 billion allegedly repatriated illegally and $2 billion tax arrears.

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