Daily Archives: December 6, 2019

OMSL Debunks Alleged Harassment Of NPA MD With Thugs

SAA: League of Maritime Editors Condemns Attack On NPA MD At N’Assembly, Tasks Senate  

  The management of Ocean Marine Solutions Limited (OMSL) has distanced itself from any involvement in the physical attack of the Managing Director of Nigerian Ports Authority (NPA), Ms. Hadiza Bala Usman, at the National Assembly.   NPA boss, Ms. ...

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Inflation may rise in coming months, LCCI warns

Inflation may rise in coming months, LCCI warns

The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming months from the current 11.25 per cent as the nation continues to shut its borders to its West African neighbours. ...

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External reserves drop by $4.9bn in nine months

CBN demands details of 12 top Nigerian businessmen, others’ domiciliary accounts

Between March and November this year, the country’s external reserves dropped by $4.99bn from $44.79bn to $39.8bn, the Central Bank of Nigeria has said. The $4.99bn according to data obtained from the CBN represents a decline of 10.65 per cent. ...

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Debt servicing takes N2.7tn as National Assembly passes N10.6tn budget

Debt servicing takes N2.7tn as National Assembly passes N10.6tn budget

APC, NECA, LCCI commend timely passage of budget The Senate and the House of Representatives on Thursday concurrently passed the 2020 Appropriation Bill, raising the total estimates from the proposed N10.33tn to about N10.6tn. The passage followed the consideration and ...

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Six million Nigerians join rice producers, says FG

Six million Nigerians join rice producers, says FG

OVER three months after the closure of the nation’s borders, about six million Nigerians, including youths, have ventured into rice farming in the country, the Federal Government has said. The number may have risen to over 18 million if 12.2 ...

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VESSEL ATTACK: NIMASA Working With Navy, Global Bodies To Rescue 19 Sailors- Dakuku

VESSEL ATTACK: NIMASA Working With Navy, Global Bodies To Rescue 19 Sailors- Dakuku

By Kenneth Jukpor   Following the recent attack on a tanker vessel named, ‘Nave Constellation’ which saw nineteen crew members kidnapped, the Nigerian Maritime Administration and Safety Agency (NIMASA) has said that it was working with the Nigerian Navy and ...

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Global Politics Responsible For Nigeria’s Loss At IMO Council Elections – Dakuku

VESSEL ATTACK: NIMASA Working With Navy, Global Bodies To Rescue 19 Sailors- Dakuku

By Kenneth Jukpor  The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has attributed the nation’s loss at the International Maritime Organization (IMO) Council Category C elections to international politics. Dakuku stated that Nigeria’s loss ...

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