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Industry Professionals Set To Train Operators In International Freight Documentation

The Institute of Transport Administration of Nigeria (ITAN) in collaboration with Land and Sea International Nigeria Limited, presents a two-day paper presentation to offer a systematic approach towards defining maritime logistics and documentation with its value creation from the perspective ...

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FG Sites Intergrated Transport Facility In Enugu

We spent bailout funds wisely, Ugwuanyi tells Senate

Community cedes 68 hectres of land Gov. Ugwuanyi supports NSC for NTC The Federal Government is to site three key transport infrastructure in Enugu State as a strategy to decongesting the seaports, promote export and create more corridors for transit ...

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Profit Taking Hits Banking Stocks On Nigerian Bourse

20 stocks appreciate as market records marginal gain

The banking sector suffered profit, making the Nigerian Stock Exchange (NSE) Banking Index to close as the sole loser. While other sectoral indices went up, the NSE Banking Index declined due to depreciation in the prices of Stanbic IBTC Holdings ...

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Oil Price Fall Stalls Funding Of SWF

Oil Price Fall Stalls Funding Of SWF

The continued fall in the prices of crude oil globally has stalled the Federal Government’s contribution to the country’s sovereign wealth fund. The Managing Director/Chief Executive, Nigeria Sovereign Investment Authority, Mr. Uche Orji, disclosed this to State House correspondents after ...

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LASG Ban On Tankers: We Are Not Affected By Traffic Law – NUPENG

LASG Ban On Tankers: We Are Not Affected By Traffic Law – NUPENG

The National Union of Petroleum and Natural Gas Workers (NUPENG) last week, said that petroleum tankers were not affected by the Lagos State Government daytime operational restriction. Mr Tokunbo Korodo, the Southwest Chairman of the union, told newsmen in Lagos that “the ...

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NNPC Names Duke Oil, Others In Fresh OPA Deal

NNPC Names Duke Oil, Others In Fresh OPA Deal

Determined to ensure steady supply of petro­leum products, the Nige­rian National Petroleum Corporation(NNPC), last week named Duke Oil, Carl­son and Napoil as the three new companies to engage in Offshore Processing Agree­ment (OPA). The corporation, however, said that the deal would ...

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Why NNPC Lifted Ban On 113 Crude Oil Vessels’

101 Oil Traders Submit Bids For Offshore Processing Contracts

In another dramatic twist in its ongoing effort to restructure the nation’s oil and gas sector, the Nigerian National Petroleum Corporation (NNPC), last week lifted the nearly two months embargo placed on 113 vessels from operating within the country’s territorial waters. The ...

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CBN urges NigeriansT Embrace Its Financial Initiatives For Inclusive Growth

CBN Initiates EPIS To Encourage Cashless Transactions

The Central Bank of Nigeria (CBN), last week called on Nigerians to embrace the new financial initiatives of the bank designed to revamp vital sectors of the economy. The CBN Director of Corporate Communications, Mallam Ibrahim Mu’azu made the call ...

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Wharf Rats: Ports Menace

Wharf Rats: Ports Menace

Nigerian Ports Authority (NPA), had claimed that all the nation’s ports have perimeter wall fence in order to prevent unauthorized persons from gaining entry into the port, in addition to access control gates that are manned by its security operatives. ...

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Bargain Hunting, Selloffs Trail Equities As Investors Pitch For Profits

Bargain Hunting, Selloffs Trail Equities As Investors Pitch For Profits

Nigerian equities market may witness a blend of bargain hunting activities on low priced value stocks; and possible sell-offs as most stock investors toss for profit following recent gain. Amid concerns about macro uncertainties, issues around forex and volatile oil ...

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BULLS: NNPC Facelift

BULLS: Congrats Aisha & Obiageli

The Nigerian National Petroleum Corporation (NNPC) has disclosed that the fuel section of the Kaduna Refinery is presently being revamped, and production of Premium Motor Spirit (Petrol), should commence within the next three months, so that Nigerians can start to ...

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Yommy Yemi

yommy yemi

Yemi Owolabi is the Executive Director Finance, Standard Chartered Bank Nigeria Ltd and the Regional CFO of West Africa, this Amazon has in her kitty over thirty years of professional career experience in key areas like Auditing, Consulting, Risk Management ...

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Why We Delay Contribution To $1bn Ogoni Restoration Fund – Shell

United Nation Environmental Protection Report

Shell Petroleum Development Company (SPDC) has explained that the lack of structure on ground for effective allocation of resources for the cleaning up of Ogoniland has been the reason for the delay of its own contribution to $1 billion Ogoni ...

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BEARS: Labinjo Peppers NIMASA

BEARS: Reckless Police Officer

A mild drama ensued at the platform communication-sponsored event last thursday, when the Head of Cabotage Services of NIMASA, Capt. Sunday Umoren, gave a presentation centred around the provisions of the Cabotage Act. In response, Capt. Dada Labinjo, an industry ...

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Tackling Corruption In Customs: Can Ali Deliver?

Tackling Corruption In Customs: Can Ali Deliver?

Over the years, concerned stakeholders in the maritime industry have kept calling attention of the government to the corruption in the Nigeria Customs Service (NCS), this context refers to serving customs officers owning clearing licenses, this unwholesome practice among senior ...

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NAGAFF License, A Leverage Against Fraud In Cargo Clearing -Aniebonam

NAGAFF License, A Leverage Against Fraud In Cargo Clearing -Aniebonam

Dr. Boniface Aniebonam is the founder, National Association of Government Approved Freight Forwarders (NAGAFF), he has been in the fore front of maritime issues and discourse. As a freight forwarder of repute, he examines the inner workings of the Nigeria ...

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Tracking The Cargo For Speed, Safety, Security Guarantee, Handling Efficiency And Trade Facilitation

Tracking The Cargo For Speed, Safety, Security Guarantee, Handling Efficiency And Trade Facilitation

Background To Cargo Tracking. The security imperative of Cargo Tracking Note: The United Nations through the International Maritime Organization (IMO) introduced the International Ship and Port Facility Security (ISPS) Code, with Cargo Tracking (CT) as one of its critical components. ...

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Kaduna Refinery To Resume Production In Dec – NNPC

Kaduna Refinery To Resume Production In Dec – NNPC

The Nigerian National Petroleum Corporation (NNPC), disclosed yesterday that Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months. In a statement by NNPC in Abuja, Group Managing Director of the corporation, Mr. ...

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Mobile Money Transfer: Nigeria, Others Lose N6.5tn

Mobile Money Transfer: Nigeria, Others Lose N6.5tn

Nigeria and other African nations have lost $33bn (N6.5tn) in mobile money remittance from international and cross border transfer, the World Bank has said. The bank stated this on Thursday in a report entitled ‘Africa’s Mobile Money’, as Nigeria, Africa’s ...

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Nigerian Ports Meet New Standards

Nigerian Ports Meets New Standards

Reports emerging from the Nigerian Ports Authority (NPA) states that  the fortune of the Maritime Sector is set to experience good times, as the Ports now function at par with international standards in the area of cargo handling and improved ...

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