Business articles

Court Dismisses BGL Applications; definite hearing fixed for October 2

Court Dismisses BGL Applications; definite hearing fixed for October 2

Chief Magistrate Chinyere Nweoachenu of Wuse Magistrate Court in Abuja has dismissed all applications brought before her by BGL Plc and her subsidiaries objecting to their trial before the court. The Chief Magistrate therefore fixed definite hearing of the case for Wednesday October 2, 2018. In her ruling on the applications, Magistrate Nweoachenu stated that

Tricycle owners commend move to code bikes in Cross Rivers, urge Obaseki to emulate

Tricycle Owners Association of Nigeria, TOAN, Edo state branch has commended the move by the Cross Rivers State government to commence the immediate coding of tricycles plying the state and has urged the Edo state government under the leadership of Godwin Obaseki to replicate same. Mr. Michael Okhuarobo, Edo state chairman of TOAN said that

NNPC, China sign agreement on Oilfield Services, Research & Dev’t

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with the China National Offshore Oil Corporation (CNOOC) towards developing Nigeria’s oilfield services as well as boosting research and development in the oil and gas industry. The MoU signing, the third in the series within the week, by the NNPC

NNPC disowns trending phoney recruitment exercise

The Nigerian National Petroleum Corporation (NNPC) has disowned a recruitment advertisement currently trending in the social media. The advertisement, set in NNPC’s corporate colour with its logo and a corporate picture, sets candidates’ entry requirements to include: Master’s degree, Bachelor’s degree, Higher National Diploma (HND) and National Diploma. A release by the NNPC Group General

Rising Debt: Buhari asked to stop mortgaging Nigerians’ future, China cautioned on granting loans

Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has described the astronomical rise in the nation’s Foriegn debt portfolio under the present administration as worrisome with a call on President Muhammadu Buhari to stop mortgaging the future of Nigerians. Frank who made the declaration in a statement in Abuja

Ruling on BGL fixed for Wednesday Sept. 5

The Chief Magistrate court in Wuse Zone 6, Abuja has fixed Wednesday September 5, 2018 for ruling on the various applications brought before it by BGL Plc and its subsidiaries. BGL Plc and her subsidiaries had filed four different applications against their trial. These Applications centred on the First Information Report (FIR) before the court

Oshiomhole: Saraki’s ambition was destroying APC… thank God he has moved on

Adams Oshiomhole, national chairman of the All Progressives Congress (APC), says the presidential ambition of Senate President Bukola Saraki was destroying the ruling party. Oshiomhole said Saraki’s recent declaration to contest the presidential election has vindicated him on his comments in the wake of his defection to the Peoples Democratic Party (PDP). The former Edo

U.S Embassy resumes consular services

Activities picked up on Friday at the U.S. Embassy Abuja as it resumed consular activities. The embassy in its twitter handle @USEmbassyAbuja on Friday morning announced resumption of full consular services at the embassy in Abuja. “Full consular visa and American Citizen Services (ACS) resume in Abuja today. We regret the inconvenience the temporary closure

2018: How you could save hundreds with a black box car insurance premium

BLACK box car insurance premiums could save motorists hundreds of pounds, new research has revealed with up to three out of four drivers being able to save a considerable amount of the cost of their car insurance by switching to telematics New research has revealed that three out of four drivers could save up to

SEC Holds Second CMC Meeting 2018

The Securities and Exchange Commission (SEC) has announced that the Second Capital Market Committee (CMC) meeting in 2018 has been scheduled to hold from Thursday August 9th to Friday August 10th 2018 at the Federal Palace Hotel, Victoria Island, Lagos. While the key stakeholders in the capital market will meet on August 9th, members of