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External Reserves Shed $167.2m As Naira Slumps Further

External reserves drop by $180m in two weeks

The country’s external reserves lost $167.2m in July, as the naira fell further to the dollar. Figures obtained from the Central Bank of Nigeria on movement of external reserves showed that the reserves which ended June 30, 2023 at $34.12bn, …

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Ubiquitous Unyime

Amb. Dr. Mrs. Unyime-Ivy King is a woman of many parts and winner of numerous prestigious awards. She is the Co-founder and current chairman of Protection Plus Services Limited, a marine logistics, oil and gas security and intelligence firm with …

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Hopeful Hope

Mrs. Hope Orivri is a Maritime Journalist, who  Publishes  One Page Africa, an online news portal. She is  also a Ph.D candidate at the Mass Communication department, University of Lagos (UNILAG). Hope  is well endowed with courage, consistency, mastery of …

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Seme Border Closure Claims 67 Lives, Billions In Losses

Seme Border ·  Freight agents demand billions of Naira  as compensation ·  How Benin Republic authorities rip-off Nigerian shippers Freight agents and stakeholders at the Seme Border may seek billions of Naira as compensation from the Federal Government after a comprehensive evaluation of …

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MMA Customs Generates N38.7bn

Airlines record 24 emergency returns in five years

Muritala Muhammad International Airport, Lagos The Murtala Muhammed Airport command of the Nigeria Customs Service (NCS), generated N38.7billion revenue in six months. In a press statement by the public relations officer of the command, Victor Ogagbor, the 2023 H1 revenue …

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Human Interference Must Be Removed From Truck Admission- Remi Ogungbemi

Truckers To Meet Lagos State Govt As Eto Kicks-off

Chief Remi Ogungbemi, Chairman, Association of Maritime Truck Owners The Chairman, Association of Maritime Truck Owners (AMATO), Chief Remi Ogungbemi in this interview called for the removal of human interference in truck admissions in Nigerian ports to reduce instances of …

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BEARS: Diarchy  As Panacea

It was really funny to read that some Nigerians condemned the military putsch in Niger Republic as illegimate and an  invasion of the democratic process. They forgot that their own government is worse than a military coup.  It is high time Africans …

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BULLS: Bush Love As Editors  Bury Pa Oni

Members of the League of Maritime Editors at the funeral service of the late Pa Michael Oni in Ijare, Akure, Ondo State at the weekend. Pa Michael Oni died at 100 years with legacies and children with  immense value to mourn …

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Oil Bunkering And Refining Paradox  In Nigeria

Oil: Nigerian Navy Laments Loss Of 277,040 To Illegal Bunkering

The Nigerian Army On Duty Nigeria has sustained an error over of the years about arresting those they call illegal bunkers and oil refiners. The security agencies now use their arrest to assess performance. They often argue that these activities  reduce …

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WiLAT Moulds Women Boss

Women In Logistics and Transport (WILAT Nigeria) at the Oriental Hotel, Lagos held its annual WILAT Day amid pomp, pageantry, and enthralling messages to women to rise above the challenges in the workplace to be the best they can be. …

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Women Must Work Twice Harder To Rise To The Top Of Their Career- Hajia Sheidu-Shabi

Hajia Khadijat Sheidu-Shabi Hajia Khadijat Sheidu-Shabi is the Chairperson, Women in Logistics and Transport (WILAT Nigeria), she is also a General Manager, Environment with the Health, Safety and Environment (HSE) Department at the Nigerian Ports Authority (NPA). In this interview …

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Before The Next Boat Mishap Happens

In recent times, Nigeria has been experiencing boat mishaps with fatalities running into hundreds and it has become imperative to nip these ugly incidents in the bud before the next one happens. In June 2023, no fewer than 110 Nigerians …

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I Slept With My Driver

I am not a loose woman. I am just a woman who loves her husband very much and didn’t want to lose him. I just did what I had to do to save my marriage even though I feel guilty …

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FG To Support Google To Create 1 Million Digital Jobs In Nigeria

.President Bola Ahmed Tinubu in a warm handshake with Google Global Vice President, Richard Gingras, at the Presidential Villa in Abuja…. recently President Bola Tinubu has expressed the willingness of the Federal Government of Nigeria to support global tech giant Google …

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Nigerian Businesses To Face More Economic Hardship, Higher Cost, Lower Revenues – PwC

Different Electricity Laws In States Will Affect Power Sector – PwC

Nigerian businesses have been told to brace up for higher costs of doing business and lower revenue following the impact of recent economic reforms by the government. PriceWaterHouseCooper (PwC) analysts stated this in a report tagged ‘Nigeria Economic Outlook’. They …

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Europe’s Fuel Export Market In Trouble After Nigeria Scraps Subsidies

European refiners will lose a portion of a key export market for gasoline after Nigerian consumption slumped following the removal of the fuel subsidies in the African country. At the end of May, Nigeria implemented a major reform in the …

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NCDMB Offers ‘First Mover Advantage’ For Investors At Oil Parks

Engr. Simbi Kesiye Wabote, Executive Secretary NCDMB, and Mike Sangster, Country Chair, Total Energies Companies in Nigeria during Sangster’s send-off ceremony in Lagos…recently. The first Original Equipment Manufacturers (OEMs), service companies and other oil and gas firms that would set …

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Addressing Oil Industry Challenges, Maximizing Growth To Top Agenda At 2023 African Energy Week

With over 125.3 billion barrels of proven crude oil reserves, Africa represents a key player and contributor to the growth of the global economy. To ensure energy security and industrialization across both the African continent and the global market, African …

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Nigerian Companies To Get Special Loans From Russia

Putin  Nigerian and African companies will get preferential loans from Russia to buy industrial goods from the European country and enjoy after-sales services. Russian President, Vladimir Putin disclosed that his government was devising a leasing mechanism tailored for Africa, and …

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Cordros Calls For Strategic Wealth Management, Transfer From Families

Cordros Capital has advised families to be strategic with wealth management and transfer plans. The company’s operators gave wealth creation and trans-generational wealth transfer tips during discussions at the Cordros Wealth Summit 2023 in Lagos. The summit, themed, ‘The future …

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