Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Navy Deploys 10 Warships, Helicopters to Fight Oil Theft The Nigerian Navy on Wednesday deployed 10 warships, two attack helicopters and 500 ballistic boats in a special amphibious exercise to curb crude oil theft and sea robbery in Nigeria’s waters. Rear Adm. Umar Chugali, Flag Officer Commanding (FOC) Central Naval Command (CNC), headquartered in Bayelsa flagged off the exercise code-named “Exercise Sea Guardian” in a short ceremony in Onne, Rivers. He said the joint military exercise conducted by both the Navy’s CNC and Eastern Naval Command (ENC), Calabar, was launched to reduce insecurity to its barest in the nation’s territorial…

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Bill to Prolong Retirement Age of NASS Staff to 65 Years Reappears The controversial bill to prolong the retirement age of National Assembly staff to 65 years has reappeared in the House of Representatives. The Bill was considered and passed for the second reading during the plenary session in Abuja. The bill, titled “A Bill For an Act to Make Provisions for the Retirement Age for Staff of National Assembly Service and for Related Matters,” is sponsored by the Deputy Minority Leader, Rep. Aliyu Madaki (NNPP-Kano). During the debate on the proposed legislation, Madaki explained that the bill aimed to…

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