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NAGAFF Charges Members On Proper Identification At The Ports

NAGAFF Reacts To Bloated Signatures Requirement In Cargo Clearance 

The National Association of Government Approved Freight Forwarders (NAGAFF) has said that the Nigerian seaports and border stations are designated and restricted areas for commercial activities where there is need to profile human traffic within the designated areas for security ...

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Hurdles To Achieving Local Content Objectives In Oil, Gas Sector 

Hurdles To Achieving Local Content Objectives In Oil, Gas Sector

  Signing into law of the Nigerian Content Act in year 2010 was one of the best things to have happened to Nigeria’s oil and gas sector. In fact, the law has exposed Nigeria and Nigerians to many opportunities that ...

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NIMASA Wants Indigenous Ship Owners To Build Capacity

* Agency Launches Satellite Surveillance Centre The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) has enjoined the indigenous ship owners to develop capacity before thinking of going into business as the working environment has been provided ...

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Nigeria’s Gas Demand To Hit 4,000 mscfpd By 2016

Indications have emerged that Nigeria’s gas demand would hit 4,000 million standard cubic feet per day (mscfpd) mark, by 2016, from about 3,000 mscfpd in 2014. The Managing Director, Pipeline Products Marketing Company (PPMC), Haruna Momoh, who disclosed this to ...

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Nigeria: Benin Republic Arrest Nigerian Oil-Bunkering Vessel, Four Suspects

Nigeria: Benin Republic Arrest Nigerian Oil-Bunkering Vessel, Four Suspects

Four persons, in an oil bunkering ship, were last week arrested by Benin Republic authorities after a failed attempt to illegally export about 35,000 metric tons of crude oil believed smuggled from Nigeria. Luck ran out on the quartet suspected ...

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W. Africa Crude: High Freight, Rising Supplies Weigh

  High freight rates and rising output of light, sweet oil from Libya deterred buyers in the spot market on Thursday last week, with tens of millions of barrels of crude oil for August still available. Sellers have been struggling ...

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Nigeria’s Seplat Reports First-Half Profit Down 26 pct

Nigeria's Seplat Reports First-Half Profit Down 26 pct

Nigerian oil and gas firm Seplat said last week, its half-year pretax profit fell to $156 million, down 26 percent from $210 million a year earlier. Gross revenue also fell 7 percent to $388 million during the period to June ...

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Apapa: The Journey To Hell

Apapa: The Journey To Hell

Religious clerics, especially of Christian faith, of which I am an adherent, often tell their followers, copiously quoting from the Holy Bible, that two types of life await us after our physical death: Heaven and Hell. Heaven is for the ...

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‘Nigeria’ll Be Among Top 20 Economies By 2030’

'Nigeria'll Be Among Top 20 Economies By 2030’

Nigeria has the potential to be one of the world’s top 20 economies by 2030 with a consumer base exceeding the current populations of France and Germany, according to McKinsey & Co. The country’s economy may expand about 7.1 per ...

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Sambo Flays Commercial Banks’ High Lending Rates

Sambo Flays Commercial Banks' High Lending Rates

Vice-President Namadi Sambo last week flayed the high rate at which commercial banks charge interest rates. This, according to him, hampers small and medium scale enterprises (SMEs) in accessing finance for their operations. He stated this in Saudi Arabia when ...

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CBN Sells N134.9bn Treasury Bills

CBN Unveils Collateral Registry Regulations To Enhance Access To Credit

The central bank disclosed this on last week, a day after the sale. The central bank on sold N34.88 billion in the 3-month paper at 9.84 per cent, compared with 9.95 per cent at the previous auction on July 9. ...

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BULLS: Good Mama Mounts Mast!

BULLS: Congrats Aisha & Obiageli

When God decides to rescue His people, He does it using somebody. The new Custom Area Command (CAC) of the Nigeria Customs Service (NCS), Kirikiri Lighter Terminal (KLT) Command, Comptroller Frances Enweruzor is indeed God-sent to the command. Bull appreciates ...

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BEARS: Mistake Of The Hand!

BEARS: Golden Toilets

Recently, the Minister of Power, Prof. Chinedu Nebo visited the Apapa Port to appreciate the management of the Nigeria Customs Service (NCS) for the release of 248 containers belonging to the defunct PHCN abandoned in the port since 2003 with ...

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Ka’amuna Ibrahim Khadi

Ka’amuna Ibrahim Khadi

Ka’amuna Ibrahim Khadi is the Deputy House Committee Chairman on Marine Transport. She has endeared herself to the leadership of the House of Reps, Maritime Stakeholders and Nigerians at large, with her exertion of brilliance and intelligence in the discharge ...

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Apapa Gridlock: NARTO Is Ready To Establish A Holding Bay If… (2)

Apapa Gridlock: NARTO Is Ready To Establish A Holding Bay If... (2)

Barr. Emmanuel Gowon, the Executive Secretary of the Nigerian Association of Road Transport Owners (NARTO) in this interview with Segun Oladipupo explained how the traffic gridlock on the Apapa and Tin Can ports roads are caused by government negligence, terminal ...

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Exit of A Petro-Icon: Life and Times of Alhaji Rilwanu Lukman

Exit of A Petro-Icon

The history of the Petroleum Industry in Nigeria cannot be fully told without recourse to the contributions of one man-Alhaji Rilwanu Lukman. The former Petroleum Minister passed away in Vienna Austria on 21st July 2014, but left his indelible footprints ...

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How To Become A Cargo Surveyor

A Cargo Surveyor

Mr Anthony Nwabalogu is the Inspection Manager of Cargo Inspection and Freight Ltd (CIF). He is a professional with vast knowledge of Cargo Survey in the shipping business. In this week’s edition of your Shipper’s Guide, he takes you on ...

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How The Military, MDAs Frustrate Electricity Supply – DISCOs

Power: NERC Issues 126 Licences For 36,040MW

*Germans Proffer Solution Respite came last week to the new power sector investors over the culture of non-payment of electricity bills by government agencies and military formations in the country, following President Goodluck Jonathan’s approval that deductions of such indebtedness ...

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NCS Appoints Sarumi President, As NISA Seeks Jolapamo’s Replacement

NCS Appoints Sarumi President, As NISA Seeks Jolapamo's Replacement

  *Afolabi, Orakwusi, Rhamallam, Others Make Governing Council Seat Chief Adebayo Sarumi, former Managing Director of Nigerian Ports Authority (NPA), was last week appointed the new president of Nigerian Chamber of Shipping (NCS). He took over from the late former ...

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Dana Airline Boosts Operation, Appoints New Head Of Safety

Dana Air Resumes Daily Flights To Owerri

*DVPC Partners Emirates For Expansion The management of Dana Airline operating in Lagos recently appointed a seasoned expert, Louis Spanoghe, as the Head of Safety and Quality Assurance to further boost the operations of the Airline. According to the release ...

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