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Nigeria Govt unveils financial monitoring centre to deepen oil sector transparency
October 15, 2019

Following the launch of “Operation White” made up of 89 officials drawn from five agencies to help monitor products supply and distribution across the country and check unwholesome practices with a view to authenticating the actual volume of products imported and consumed in the country, the Federal Government has unveiled the Automated Downstream Operations and Financial Monitoring Centre (DOFMC) to deepen transparency in the oil and gas sector.

Speaking at the unveiling ceremony in Lagos, the Minister of State for Petroleum Resources, Chief Timipre Sylva, said the activation of the DOFMC and the launch of “Operation White” were very clear signs of the President Muhammadu Buhari-led administration’s commitment to stamping out sleaze from the oil and gas sector and placing it on the path of growth.

The Minister who was represented at the event by the Executive Secretary of the Petroleum Equalization Fund Management Board, Mr. Ahmed Bobboi, called on all downstream stakeholders to work together to ensure the success of both the “Operation"...

October 15, 2019

ALGIERS- The revision of the rule 49/51 governing foreign investments in Algeria has received a strong support from the participants in the 5th Summer University of the Business Managers Forum (FCE), held Saturday in Algiers.

During a press"...

October 14, 2019

ALGIERS- The revision of the rule 49/51 governing foreign investments in Algeria has received a strong support from the participants in the 5th Summer University of the Business Managers Forum (FCE), held Saturday in Algiers.

During a press"...


October 15, 2019

Incentives proposed for automation in Budget 2020 will help boost business confidence in investments, said Malaysia Automotive Robotic and IoT Institute (MARii) CEO Datuk Madani Sahari according to Bernama. “The government has taken a step in the right direction in spurring smart manufacturing, particularly in incentivising the adoption of automation technology to boost productivity and quality,” Madani said.

The"...

October 15, 2019

As part of its strategy to help reduce the digital divide and empower local communities with computer skills and access to information, Paratus Zambia has agreed to refurbish the computer lab at Musonda Community School in Kitwe. This project will be done in partnership with Partners for Life Advancement and Education Promotion (PLAEP).

Paratus is helping these children harness the many opportunities"...

October 15, 2019

Privately owned Ghana Technology University College (GTUC) is to be absolved by government, according to Emmanuel Afoakwa, President of the University.

He said the decision had been taken awaiting parliamentary approval for the private technology university to be made a public university. Mr Afoakwa disclosed this when he paid a courtesy call on Reverend Johnson Avuletey, the Deputy Volta Regional Minister"...

October 15, 2019

Internet was cut off from VFS Global, which receives visa applications to France, because of the use of a virtual network without a license, Algerian Internet and E-communications Control Authority said on Sunday.

A statement of the Algerian IECAuthority said; “it should be clarified that any use of a virtual private"...

October 15, 2019

On October 15, 2019, IBM Japan, Ltd. and Panasonic Corporation’s subsidiary, Panasonic Smart Factory Solutions Co., Ltd. (hereafter Panasonic), announced that the companies have agreed to collaborate to develop and market a new high-value-added system to optimize the overall equipment effectiveness (OEE) of customers’ semiconductor manufacturing processes and to realize high-quality manufacturing.

As"...

October 15, 2019

The Airways Aviation Group announced today the acquisition of the renowned French Aviation Education & Training organisation ESMA (Ecole Supérieure des Métiers de l'Aéronautique).

“These are unprecedented times in aviation as we accelerate & expand our already significant global presence & capability and offer even more solutions to the industry’s increasing"...