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Standard Chartered accused of wheeling fund for terrorists
A British bank, Standard Chartered, which had escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered, one of the UK’s largest banks, avoided prosecution by the…
Labour suspends strike as FG flaunts higher minimum wage
Sopuruchi Onwuka The Nigerian Organized Labour has suspended the crippling industrial actions it started Monday to press home its demands for enhaced minimum wage for workers in the formal sector. The Nigeria Labour Congress (NLC) and the Trade Union Congress…
NNPC bags NIMASA certification on ship, port security
Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…
Israel accepts Biden’s Gaza deal as ‘Not a good plan’
Israeli Prime Minister Benjamin Netanyahu’s government begrudgingly accepted President Biden’s plan for a cease-fire in Gaza on Sunday. Biden had issued the plan on Friday, and Netanyahu initially responded with dismissal. Hamas has indicated it favors the plan, though no…
Vivajets highlights aviation’s role in regional Security
Aviation outfit, Vivajets, has underscored the role of business aviation in fostering regional integration and security in Africa. This was part of the proceedings at the 60th anniversary of the Nigerian Air Force (NAF) and Third Africa Airforce Forum where…
NNPC commissions 1 of 7 CNG stations
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited says it is rolling out about seven filling stations for motorists and sundry users of compressed natural gas (CNG) as cheap alternative to the costly and widely used petrol. The national…
Nedogas set to activate 300 MMscfd Kwale gas facility
Sopuruchi Onwuka The Minister of State for Petroleum Resources (Gas), Rt. Honorable Ekperikpe Ekpo, will on June 6 formally commission the Kwale Gas Gathering (KGG) and injection facility, marking a significant step in the gas monetization programme of the government….
