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AfDB Seeks More Chinese Agric Investments In Africa

AfDB Seeks More Chinese Agric Investments In Africa

The African Development Bank has met a private sector consortium from China in a bid to attract investment through partnerships in the development of Special Agro-Industrial Processing Zones across Africa. A statement from the AfDB, last week further disclosed that ...

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First Bank To Support SMEs

First Bank To Support SMEs

First Bank of Nigeria Limited has expressed its support for the Small and Medium Enterprises in the country. A statement from the bank said that as part of its activities for this segment of the economy, it would introduce its ...

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 AfCFTA: The Relationship Between Prosperity And Imperfect Contemporary Implementation Of A Free Trade Agreement

  AfCFTA: The Relationship Between Prosperity And Imperfect Contemporary Implementation Of A Free Trade Agreement

By Dr. Eugene Nweke. In my Global Trade Review, released last quarter October,2018, I did raise issues and concerns of note having gone through the proposed Africa Continental Free Trade Area (AfCFTA). I also requested the management of the Council ...

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How To Save Air Freight Cost With Right Packaging Solution

How To Save Air Freight Cost With Right Packaging Solution

As air shipping becomes more affordable and more widely available, many companies have turned to it as a fast and reliable option. Air shipment can move your products much more quickly than land or sea freight, but there are some ...

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NAMA To Reduce Pilots, Controllers’ Hitches

NAMA To Reduce Pilots, Controllers’ Hitches

The Nigeria Airspace Management Agency (NAMA) has said the sectorisation of the Lagos Sub-Flight Information Region (Sub-FIR) into two will reduce radio airspace communication challenges faced by pilots and air traffic controllers over congestion. Its Managing Director, Captain Fola Akinkuotu, ...

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Policy Makers Harp On The Need To License ATSEP

Policy Makers Harp On The Need To License ATSEP

The need for urgent license Air Traffic Safety Electronics Personnel (ATSEP) to further enhance safety in the country and the region has become topmost on the agenda of the Ministry of Aviation. Permanent Secretary, ministry of transportation Sabiu Zakari made ...

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IMO Council Elections: Improved Ship Registry To Boost Nigeria’s Chances

Maximizing Potentials For Nigeria’s IMO Council Bid

NIMASA receives report from Ilori-led committee on ship registry By Kenneth Jukpor As the December 2019 elections into the Governing Council of the International Maritime Organization (IMO) draws near, experts have tipped an improved ship registry as a factor that ...

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Over 100 Women To Benefit In MMS WILCEP Training

No fewer than one hundred Nigerian women are set to receive free empowerment, skill acquisition and career mentoring, as MMS Plus Woman Of Fortune Hall Of Fame (WoFHoF) Initiative holdS its 3rd WILCEP Africa mentorship programme, this week. The event ...

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Women Inclusion: APM Terminals Apapa Employs Six Female Crane Operators

APM Terminals Fingered In Scandalous Tramadol Seizure

Jacob disclosed this when the executive members of the Women in Maritime Africa (WIMAfrica) Nigeria branch, visited him in Lagos on Thursday. The team also visited ENL Consortium and the Nigerian Maritime Administration and Safety Agency (NIMASA), both in Apapa, ...

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Investors lose N125 billion in three trading days

Investors lose N125 billion in three trading days

Trading at the Nigerian Stock Exchange (NSE), sustained its bearish hold, as sell-off in most bluechip stocks persisted yesterday, causing investors’ wealth to plunge further by N125 billion in three trading days. Specifically, market capitalisation of listed equities, which opened ...

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African cargo traffic surges by 3.8% amid global slump

African air traffic soars by 11.7% amid global demand surge

African carriers have recorded a 3.8 per cent surge in freight demands amid a 4.8 per cent slump in global demand. The African region was the only one to report growth in June 2019 according to the International Air Transport ...

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AfDB offers AU $5m grant for AfCFTA implementation

AfDB offers AU $5m grant for AfCFTA implementation

The take off of the African Continental Free Trade Area (AfCFTA) got a notch better yesterday, when the African Development Bank (AfDB) Group, signed a $4.8 million institutional support grant to the African Union (AU) for its implementation. The grant, ...

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Nigeria defies cuts as OPEC output slumps to five-year low

Nigeria defies cuts as OPEC output slumps to five-year low

Organisation of the Petroleum Exporting Countries (OPEC), has pumped its fewest barrels in more than five years in July, aided by a huge production decline in its largest producer, Saudi Arabia, alongside wavering compliance by Iran, Nigeria, Libya, and Venezuela, ...

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UK plans new free ports after Brexit

UK plans new free ports after Brexit

The United Kingdom (UK) is planning to establish up to 10 “free ports” that will drive growth after the UK leaves the European Union (EU) on October 31. The free ports are envisioned as hubs for business and enterprise for ...

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Maersk sees SMEs as engine room for innovation, growth

Maersk sees SMEs as engine room for innovation, growth

The Head of Marketing and Business Development, Africa Region of Maersk, Anita De Werd, has described Small and Medium sized Enterprises (SMEs), as the engine of innovation and job creation. Speaking as a panelist during the opening session of the ...

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201 cargo ships scrapped in H1 2019

201 cargo ships scrapped in H1 2019

The number of ships sold for demolition in the first half (H1) of 2019, fell for almost all sectors, compared to the same period a year before, a VesselsValue scrapping roundup has revealed. According to the report, a total of ...

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Nigeria needs N3 trillion to fix transport infrastructure

Nigeria needs N3 trillion to fix transport infrastructure

•Shippers’ Council to sign $500 million Dry Port deal For Nigeria to bridge the huge infrastructure deficit in the transport sector, it requires an estimated N3 trillion investment. The Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, who disclosed this ...

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NNPC seeks military support on assets’ protection, exploration

NNPC seeks military support on assets’ protection, exploration

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to re-enter and commence full operations at the Chad Basin, Gongola and Benue Trough, as it seeks holistic military supports for the protection of its workforce and high-tech equipment. The ...

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Rice seedlings fetch Cross River N6 billion

Rice seedlings fetch Cross River N6 billion

The Cross River government has raised N5.5 billion from sales of rice seedlings few months after the state commenced production of the crop. The Central Bank of Nigeria (CBN) through the Rice Farmers Association of Nigeria (RIFAN) for South South ...

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Chinese toxic waste factory uncovered in Lagos

Chinese toxic waste factory uncovered in Lagos

• Another firm fingered in economic sabotage Operatives of the Area F command of the Lagos State police command have uncovered a factory where e-waste is assembled and exported to China and Vietnam. Detectives also arrested two brains behind the e-waste ...

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