IN THE NEWS
Daily Watch – 34 illegal refineries destroyed in Delta, Ghana’s debt crisis deepens
Troops of Operation Delta Safe said they have uncovered and destroyed 34 illegal refining sites and apprehended 59 suspected oil thieves in two weeks. Director of Defence Media Operations, Edward Buba, said the troops also destroyed 38 dugout pits, 21 boats, 57 storage tanks, 10 vehicles, three tapping hoses, four drum receivers, 89 cooking ovens, six pumping machines and three outboard engines and recovered 696,250 litres of stolen crude oil, 54,400 litres of illegally refined Automotive Gas Oil, 1,200 litres of petrol, two motorcycles, four weapons and 78 assorted ammunition. In the Southeast, troops of Operation UDO KA conducted raids in Abia, Enugu, Imo and Anambra, killed 11 IPOB/ESN terrorists, arrested 20, rescued 15 kidnapped hostages and recovered arms and ammunition. Telecom operators are considering jettisoning uniform tariffs, especially on voice services in the country. The implication of the move, if implemented, is that subscribers would be charged differently for telephony services depending on their locations. Speaking with journalists on the sidelines of the Nigeria eGovernment Summit 2023, the Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo, said telcos have spoken to the NCC about the issue, saying they think the new move is the ...
NEWS
Daily Watch – Concerns over health of banks, Azura Thermal Plant gets green light
There is growing concern over the rise in banks' non-performing ...
Daily Watch – NNPC gets new boss, Medview goes to London
President Muhammadu Buhari has approved the appointment of Dr. Emmanuel ...
The Presidency has announced that President Muhammadu Buhari aims to ...
Daily Watch – Import waivers causing harm, Cement production to ramp up
Some of the tax incentives offered to encourage Foreign Direct ...
Daily watch – Eni looking to leave Nigeria, Dangote gets American training
Eni SpA, Italy’s largest oil company is considering selling part ...
Daily watch – Refineries coming back online, Reps to force multinationals to list on Exchange
The Port Harcourt and Warri refineries have started preliminary production ...
Daily Watch – Customs moves against rice importers as CBN makes cash available to farmers
The Nigeria Customs Service has sealed the warehouses and business ...
Daily Watch – Foreign debt rises, Insurance industry grows
Nigeria's foreign debt for half-year 2015 has risen by 10%, ...
Daily Watch – State loans to be restructured, Gold refinery coming up
The Central Bank of Nigeria (CBN) has approved a restructuring ...
