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Daily Archives: June 12, 2019

Nigeria, Benin Customs Bilateral Connectivity To Boost Trade

Nigeria, Benin Customs Bilateral Connectivity To Boost Trade

By Kenneth Jukpor The Nigeria Customs Service (NCS) and the Benin Republic Customs have created an automated platform that would ensure bilateral connectivity and enhance cross border trade between both countries. Speaking at a sensitization event in Seme Border yesterday, Comptroller ...

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FAAN Appoints New Director Of Airport Operations

FAAN Speeds Up Emergency Response

The Federal Government has appointed Capt. Mukhtar Muye as the new Director of Airport Operations for the Federal Airports Authority of Nigeria. The General Manager, Corporate Affairs, Henrietta Yakubu, disclosed this in a statement adding that Muye is a trained ...

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FG targets 10 per cent equity in new national carrier

FG targets 10 per cent equity in new national carrier

• Scales up take-off fund to N47b The Federal Government (FG), may have as much as 10 per cent stake in the new national carrier christened, Nigeria Air.The equity, already backed with at least N47 billion take-off fund in the ...

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‘Why Nigeria needs to optimise the blue economy agenda’

Experts harp on security to promote marine economy

Like most great maritime nations, all hands need to be on deck to support Federal Government’s efforts in taping into the blue economy, and developing it to such a level that it can contribute far more than currently as projected. ...

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CMA CGM to acquire 20 LNG ships by 2022

CMA CGM to acquire 20 LNG ships by 2022

French container shipping company, CMA CGM, has reiterated its commitment to the environment, striving to be a leader in the energy transition of the maritime industry. The group has however unveiled plans to take delivery of about 20 LNG-powered containerships ...

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Nigeria’s refineries operate at 5.55% capacity, record N16b deficit in March

Nigeria’s refineries operate at 5.55% capacity, record N16b deficit in March

Nigeria’s four refineries operated at just 5.55 per cent of their combined nameplate capacity of 445,000 barrels daily (b/d), according to latest data released by Nigerian National Petroleum Corporation (NNPC), underlining that the oil-rich nation still relies heavily on imported ...

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C&I Leasing confirms release of vessel, crew in Equatorial Guinea

C&I Leasing confirms release of vessel, crew in Equatorial Guinea

C&I Leasing Plc has confirmed the release of one of its vessels, MV Charis, which was hijacked by sea pirates in Equatorial Guinea, while also commending the Nigerian Maritime Administration and Safety Agency (NIMASA), for the swift intervention and timely ...

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Eastern ports issues are beyond 10 per cent discount, say operators

Eastern ports issues are beyond 10 per cent discount, say operators

A discount incentive for eastern ports introduced by the Nigerian Ports Authority (NPA), to encourage higher patronage as some operators are not so convinced given other challenges inhibiting operations in the region.NPA had approved a 10 per cent discount on ...

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