*Moves to split up delayed oil industry bill *Anil Dua Joins Forte Oil As Non-Executive Director

*Moves to split up delayed oil industry bill *Anil Dua Joins Forte Oil As Non-Executive Director

SABINEWS MIDDAY NEWS UPDATE FOR NOVEMBER 1, 2015

Moves to split up delayed oil industry bill

Nigeria looks set to unbundle a long-awaited oil law to speed up its passage through parliament, potentially unlocking billions of dollars in frozen investments.

The Petroleum Industry Bill (PIB) has been gathering dust since 2008 because of disagreements between the government and global oil majors over its terms. Read more

Anil Dua Joins Forte Oil As Non-Executive Director

Forte Oil Plc, one of the foremost indigenous petroleum marketing companies listed on the Nigerian Stock Exchange, has announced the appointment of Mr Anil Dua as a Non-Executive Director of the company.

This is contained in a statement issued on Saturday by the company and made available to the Journalists in Lagos. The statement said that prior to his current appointment, Dua was the Chief Executive Officer of Standard Chartered Bank West Africa. Read more

Turks head to polls in crucial election

Turkey is heading to polls for a second time in five months amid instability spilling over from neighbouring Syria and renewed tensions over the 30-year-old Kurdish conflict.

More than 54 million people are registered to vote at 175,000 stations on Sunday between 7am and 4pm in the eastern provinces of Turkey, and 8am and 5pm in the western ones. Read more

Bangladesh teachers, students protest against latest killings

Protesters rallied in the Bangladesh capital Sunday over the latest attacks against secular writers and publishers, accusing the government of failing to halt rising deadly violence blamed on hardline Islamists.

Teachers, writers, students and other protesters converged on Dhaka University to vent their anger, one day after a gang of men armed with machetes and cleavers hacked to death a publisher of secular books. Read more

Telecoms Association Unveils Self-Regulatory Code Of Ethics

The Association of Telecommunications Companies of Nigeria (ATCON) in Lagos on Friday presented its Code of Ethics for professional and business conduct.

The idea for a Code of Ethics, which was first envisaged in 2013, was approved at the Association of Telecommunications Companies of Nigeria (ATCON’s) 21st Anniversary Celebration, held on Friday. Read more

NEMA Urges Safety Consciousness As Dry Season Approaches

The National Emergency Management Agency (NEMA) on Saturday urged Lagos State residents to be safety-conscious and avoid fire outbreak as dry season approaches.

Mr Ibrahim Farinloye, NEMA South-West spokesman, made the call during interview in Lagos.

“The dry season is fast approaching as we are getting towards the end of the year.’’ Read more

COREN warns Nigerians against quacks

The Council for the Regulation of Engineering in Nigeria (COREN) has advised Nigerians to stop patronising quacks for building and construction jobs to avoid incidences of collapsed buildings and failed road projects.

The Inspection Officer of COREN in the state, Mr Daniel Adown, gave the advice when he inspected the 16km Ganaja-Otokiti Village by-pass road. Read more

 

Expert Wants FG To Declare State Of Emergency On Cancer In Nigeria

Prof. Francis Durosinmi-Etti, the President, Cancer Education and Advocacy Foundation of Nigeria (CEAFON), has called on the Federal Government to declare a state of emergency on cancer in Nigeria.

Durosinmi-Etti told newsmen in Abuja on Saturday that the state of emergency should be in the areas of cervical and breast cancer. Read more

Limit PTA, BTA Businesses To Our Operations, Say BDC Owners

Bureaux De Change (BDC) operators have called on the Central Bank of Nigeria (CBN) to make foreign exchange transactions relating to Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) their exclusive businesses.

They made the call in a statement issued on Saturday after the second BDC owners’ forum, held in Lagos.

Presently, banks and BDC operators are allowed to sell foreign exchange for PTA and BTA. Read more

Al-Shabaab militants attack Somali hotel, kill 12

At least 12 people were killed Sunday as Al-Shabaab militants stormed a hotel in Mogadishu, capital of Somalia, police and witnesses said.

Police officer Mohamed Hassan told Xinhua that a car bomb hit the gate of the Sahafi hotel and then several gunmen stormed in. Read more

NCC Tennis League has given us value for money, official says

The Nigerian Communications Commission (NCC) on Sunday in Abuja said the ongoing maiden edition of the NCC Tennis League has given the commission value for its money.

Reuben Muoka, NCC’s Head of Public Affairs, told newsmen on the sidelines of the competition’s second semi-finals in Abuja that this was why the commission would continue to sponsor the event. Read more

Investigators probe deadly Russian plane crash in Egypt

International investigators have begun probing why a Russian airliner carrying 224 people crashed in a mountainous area of Egypt’s Sinai Peninsula, killing everyone on board in one of the deadliest Airbus incidents of the past decade.

Flags will fly at half mast on official buildings in Russia on Sunday and entertainment television programmes will be cancelled as part of a national day of mourning for the victims, most of them Russians aged from 10 months to 77 years. Read more

FBI says no bomb blast on Maldives president’s boat: report

The FBI has said it found no evidence an explosion on board the Maldives president’s boat was caused by a bomb, a report said, raising questions about his deputy’s arrest over the incident.

President Abdulla Yameen was unharmed in the blast on his speed boat which authorities described as an assassination attempt. The September 28 explosion left his wife and two others slightly injured. Read more

China manufacturing activity shrinks for third straight month: govt

Activity in China’s vast manufacturing sector shrank for the third month in a row in October, officials said Sunday, adding to fears that growth in the world’s second largest economy is slowing faster than policy makers admit.

The official Purchasing Managers’ Index (PMI) came in at 49.8 last month, the National Bureau of Statistics said in a statement. Read more

Divided Turkey votes in critical election as violence spirals

Polling stations opened in Turkey on Sunday for one of the most crucial elections in years, as the deeply divided country confronts a bloody wave of jihadist attacks and a renewed Kurdish conflict.

The poll is the second in only five months, called after the Justice and Development Party lost its parliamentary majority in June for the first time in 13 years and then failed to forge a power-sharing government. Read more

 

We think you'd love these too...

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *