42 h. ago PENGASSAN shuts firm’s operations over suspension of executives

From Tony John,  Port Harcourt The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to embark on a total withdrawal of services at all operational locations of Newcross Exploration and Production Limited, following what the union described as “arbitrary queries and suspension letters” issued to its branch executives. Newcross […] The post PENGASSAN shuts firm’s operations over suspension of executives appeared first on The Sun Nigeria.

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49 h. ago PENGASSAN shuts down Newcross operations over suspension of union executives

…Alleges casualisation, intimidation, breakdown of CBA negotiations From Tony John, Port Harcourt   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has directed its members to embark on a total withdrawal of services at all operational locations of Newcross Exploration and Production Limited, following what the union described as “arbitrary queries and […] The post PENGASSAN shuts down Newcross operations over suspension of union executives appeared first on The Sun Nigeria.

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9 d. ago N18bn investments wiped out as NGX axes Capital Oil, 2 others in regulatory sweep

•Market’s integrity, transparency non-negotiable –RegCo   By Chinwendu Obienyi and Chukwuma Umeorah Shareholders in Nigeria’s capital market are bracing for huge losses following the recent delisting of Capital Oil Plc, Goldlink Insurance Plc and Med-View Airline Plc by the Nigerian Exchange (NGX). The three firms are culprits of  prolonged regulatory infractions and operational failures and […] The post N18bn investments wiped out as NGX axes Capital Oil, 2 others in regulatory sweep appeared first on The Sun Nigeria.

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3 w. ago Gov Fubara, Assembly’s Suspension Executive Coup Against Rivers People — CSOs

A coalition of Civil Society Organisations has condemned President Bola Tinubu’s declaration of a state of emergency in Rivers State and the removal of Governor Siminalayi Fubara, his deputy, Prof. Ngozi Odu and the State House of Assembly for six months. According to the coalition, these actions constitute an executive coup against the people of […]

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3 w. ago Nigeria’s local pharma firms expand despite operating hurdles

Nigeria’s indigenous pharmaceutical companies are stepping up to fill the gaps left by departing multinationals, aggressively expanding their production capacity read more Nigeria’s local pharma firms expand despite operating hurdles

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3 w. ago Delta community defends firm’s land acquisition, says operation to end gas flaring

The Umuseti community in Utagba-Ogbe, Kwale, Ndokwa West Local Government Area of Delta State has defended and reaffirmed ownership of the land sold to oil firm, Axxela. The Emu-Ebendo community had protested over the alleged illegal acquisition of land, claiming the ownership of the land following a Supreme Court judgement in their favour in 2003. Read More

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