Business articles

Gomba Okanje Photo

Communities Reap Billions from Privatized Company

Communities Reap Billions from Privatized Company

Communities in Eleme Local Government Area of Rivers State have continued to reap bountifully from their investments in Indorama Eleme Petrochemicals Limited. In 2019, the sum of N2,154,477,098 was spent on community development projects in the communities, according to Gomba Okanje, Chairman of Elano Investments Limited, the company managing the 7.5 percent equity shares of

Oredo Integrated Gas Handling Facility (IGHF) project in Ologbo, Ikpoba-Okha local government area of Edo State

Hope Rises for Improved Power as NPDC Delivers Additional 100m Standard Cubic Feet of Gas Daily

Efforts by the Federal Government of Nigeria to achieve uninterrupted power supply in the country may in the next few weeks get the much needed fillip when the 100 million standard cubic feet of gas capacity Oredo Integrated Gas Handling Facility (IGHF) project in Ologbo, Ikpoba-Okha local government area of Edo State comes on stream.

Huge ship berths at Onne Photo

Mixed Bag as World’s Biggest Cargo Ship Comes to Onne

Nigerian Ports Authority on Saturday celebrated the successful berthing of MV: JPO VOLANS, a 300-metre long and 48-metre wide cargo ship laden with hundreds of containers at the quays of the Federal Ocean terminal, Onne in Rivers State. The ship owned by Maerskline Stardelhorn arrived from Singapore. It is reputed to be the world’s biggest

Huge ship berths at Onne Photo

Biggest Container Ship Berths in Onne

…as Nigeria begins decongestion of Lagos ports. Nigerian Ports Authority, NPA, on Saturday celebrated the successful berthing of the largest container ship ever to berth in any Nigerian port. The Maerskline Stardelhorn ship with an overall length of 300 metres and width of 48 metres, successfully berthed at the Federal Ocean Terminal, Onne, Rivers State

Ebun-Olu-Adegboruwa Photo

Sack of Vice-Chancellor: Why the President Must Dissolve UNILAG Governing Council – Ebun Adegboruwa

A senior advocate of Nigeria, SAN, Ebun Olu Adegboruwa, has suggested to the Federal Government to immediately dissolve the Governing Council of the University of Lagos. Contending that the federal government can’t maintain any silence in what is going on in the university which he described as a “charade,” Adegboruwa insisted that “They must look

Emejulu House Photo

Enugu Govt Demolishes Architect’s House for Pulling Down Airport fence

An Enugu-based architect and property developer, John Emejulu, has had his duplex located in the Trans-Ekulu area of Enugu demolished on the orders of Enugu State Government after the Minister of Aviation, Hadi Sirika, vowed to deal with the man for daring to pull down a portion of the fence of the Akanu Ibiam International

Benin- Auchi road in Edo State Photo

Respite Soon for Commuters as Edo Refinery Intervenes in Failed Portion of Benin-Sapele Road

As part of their corporate social responsibility, Peayang Chemical Equipment Cooperation (PCC) and African Investment Partner (AIP) have commenced remedial work on the failed portion of the Benin-Sapele highway. The work is a joint effort by PCC and AIP as co-founders of Edo Refinery with the objective to ameliorate the sufferings currently being experienced by

Idahosa Wells Okunbo Photo

Fight Against Human Trafficking: NAPTIP Honours Okunbo as Greatest Individual Ally

Names him Man of the Year 2020. The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has named the Chairman of Ocean Marines Solution and prominent Edo son, Idahosa Wells Okunbo as its Man of the Year 2020. The anti-human trafficking agency said the honour, which was in commemoration of the 2020 World

Monday Whiskey Photo

Inaugurate Pius Odubu-led NDDC Board Now – HOSTCON Spokesman Urges Buhari

Recently, the national leadership of the Host Communities of Nigeria, HOSTCON, and other stakeholders from the 10 oil producing communities in the country held a meeting where they advocated the dissolution of the Interim Management Committee running the Niger Delta Development Commission where humongous corruption has been reported. In this interview with Adekunbi Ero, executive

petrol tanker fire photo

Delta Petrol Tanker Fire: 3 Persons Died, 3 Injured, Four Vehicles Burnt – FRSC

The Delta State Sector Commander of the Federal Road Safety Corps, FRSC, Alphonsus Halim Godwin, has confirmed the death of three persons in the petrol tanker fire that occurred on Wednesday around Koko junction along the Benin-Sapele Road. Contrary to an earlier media reports that no fewer than 20 persons were reportedly burnt beyond recognition,

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