total

NANS Advises Against Self Help In TOTAL, Automatic Fit Rift

November 20, 2019 5:06 pm

The leadership of National Association of Nigerian Students (NANS) have advised against resorting to self-help in the rift between Total Nigeria Plc and Automatic Fit and Energy Limited.

The Chairman of the Committee on Misappropriation, Umar Faruk Lawal, in a statement said:

“I am writing on behalf of the NANS to express our concern over the lingering conflicts between Total and Automatic Fit and Energy Limited.

”We are unhappy with the alleged disruption of Automatic Fit and Energy Limited’s business activities by Total Nigeria Plc in connivance with men of the Nigeria Police Force over its Lube Bays in Lagos …

Total Plans To Sell Stake In Nigerian Oil Block

November 7, 2019 7:07 am

French oil major, Total is seeking to sell its 12.5 percent stake in the giant Bonga deepwater oilfield off the coast of Nigeria, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.

Reuters quoted banking and industry sources as saying that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometres (75 miles) off the Niger Delta, is valued at up to $750 million.

Investment bank, Rothschild, is said to be running the sale process for the oil major.
Rothschild and a spokeswoman for Total declined to comment.

OML 118 is …

Alabama’s Near-Total Abortion Ban Blocked By Federal Judge

October 29, 2019 2:20 pm

Energized by new conservatives on the US supreme court, Alabama and other conservative states have attempted to enact new restrictions on abortion in the hopes of getting supreme court justices to reconsider Roe v Wade, the landmark 1973 decision that legalized abortion nationwide.

A number of states attempted to ban abortion once a fetal heartbeat is detected. The Alabama law went further by attempting to ban almost all abortions with no exceptions for cases of rape and incest.

Passed by the Republican-led legislature, the 2019 Alabama Human Life Protection Act would make performing an abortion at any stage of pregnancy …

How Economy May Suffer Under Total Border Closure

October 15, 2019 2:26 am

‘Millions may be jobless over ill-timed policy’
Action in nation’s best interest, says government
There’s no hunger in Nigeria, says Minister

Stakeholders yesterday warned the Federal Government that the complete closure of the nation’s land borders portends danger to the economy.

The caution came after yesterday’s announcement by Comptroller-General, Nigeria Customs Service (NCS) Hameed Ali that all categories of goods would no longer be allowed to pass through the borders.

At a joint news conference with his Nigeria Immigration Service counterpart, Mohammed Babandede, in Abuja, Ali said: “For now, all goods, whether illicit or non-illicit, are banned from going and …