CHANNELS TV REPORT ON SECURITY AGENTS’ ARREST OF VESSEL LADEN WITH SUSPECTED STOLEN CRUDE OIL IS FAKE NEWS

Owners of MT. Praisel, a Nigerian Flag Motor Tanker Vessel, with Call Sign 5NGX2, IMO: 9206891 currently under charter by Stratos Trading Limited, have described as fake news a report by Channels Television, claiming that Security Agents have arrested its vessel allegedly laden with stolen crude oil. Channels Television had in its report of Thursday, […]

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Commissioners List: Lagos Assembly Begins Screening Of SanwoOlu’s Nominees

– Laments Exclusion of Some Local Govts, Party Loyalists – Sets Up Committee To Screen Nominees Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday pleaded with his colleagues who expressed dissatisfaction with the list of commissioner-nominees sent recently by Governor Babajide Sanwo-Olu for screening and confirmation. The lawmakers had […]

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THE TRUTH BEHIND NUPRC BRANCH OF PENGASSAN, NUPENG STRIKE AGAINST THE COMMISSION

Indications have emerged that the recently introduced reforms to the Nigerian Upstream Petroleum Measurement Regulations, NUPMR, 2023 on the measurement of petroleum production in Nigeria are reasons why major unions in the sector are now at loggerhead with the Nigerian Upstream Petroleum Regulatory Commission, NUPRC. The key changes to the NUPMR had come into effect […]

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NUPRC DESCRIBES STAFF STRIKE, AS REACTIONARY FORCES THREATENING REFORMS IN THE INDUSTRY

The management of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has described the planned strike action by PENGASSAN and NUPENG, over its staff’s welfare, as an ambush against the Commission and circumvention of the due grievance process established for employee relations. NUPRC said contrary to the allegations and concerns raised by PENGASSAN and NUPENG about […]

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Court Restrains Swift Networks Ltd Access To Accounts In 24 Banks, Over N7Bn Debt

Following an application filed by a Lagos Attorney, Temilolu Adamolekun, on behalf of Union Bank Nigeria Plc to recover a debt of over N7billion from a limited liability company, Swift Networks Limited, Justice Daniel Osiagor of a Federal High Court, sitting in Lagos, has restrained Swift Networks, its agents, privies and/or assigns or otherwise howsoever […]

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