Udo Onyeka

The Chairman of Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, yesterday in Uyo, Cross River State, restated the commitment of the Senate and Asset Management Corporation of Nigeria (AMCON), to build strategic collaborations that would develop greater capacity for debt recovery and sustained development of the country.

The Nigerian Shippers’ Council, NSC, and the Institute of Chartered Shipbrokers have partnered to promote effective training and capacity development in the maritime sector. Executive Secretary of the NSC, Hassan Bello, who disclosed this when he received the officials of ICS, led by the Chairman Capt. S. Olarewaju, on a courtesy visit, noted that the sector needed highly equipped manpower to improve its contributions to national development.

Wema Bank and three other companies Petrolex Oil and Gas, Hyundai and Ajayi Legal Partner have signed a deal with the Ogun State Government to build the second largest refinery in sub-Saharan Africa and the largest petroleum product depot in Nigeria.