NEWS LENS

Owing to rising debts, the Nigerian Ports Authority (NPA) has announced the immediate suspension of service boats operations in all its pilotage districts until the full settlement of debts accruing from unpaid pilotage dues by International Oil Companies (IOCs) and …

The Nigerian Maritime Administration and Safety Agency, NIMASA, has said it would acquire strategic maritime safety and security assets, following the recent approval by the Federal Executive Council (FEC), A statement, yesterday by the agency said the planned purchase was …

Ijaw youths yesterday defended the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, describing the recent call for his sacking by the Ship Owners Association of Nigeria (SOAN) as “needless distraction”. The Ship owners …

Nigeria lost 54.6 per cent of oil revenue, amounting to $29.7 billion that it may have earn from its sales of crude oil in 2015 if the prices of oil in the international market did not drop from $101.91 that …

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday in Abuja said the worst times of the fuel crisis, which has plagued the nation in the last two weeks was over, saying the monster …

British business magnate and founder of Virgin Group, Sir Richard Branson, has offered a rare business review on the huge opportunities that global investors could take advantage of in Nigeria’s renewed efforts to connect over 80 million of her citizens …

• NNPC should be prepared to explain to Nigerians who approved the subsidy for them and who appropriated it The Senate yesterday said the current payment of N26 per litre to subsidise Premium Motor Spirits (PMS) by the federal government was illegal …

Some domestic and international airlines wednesday delayed or cancelled their flights at the Nnamdi Azikiwe International Airport, Abuja, due to adverse weather conditions. The News Agency of Nigeria (NAN) reported that the affected flights involved are Air Peace, Dana Air, …

Domestic airline operators have frowned on the failure of security operatives at the nation’s airports to rein in unruly passengers who react violently to flight delays and cancellations due to the Harmattan haze that affects flights at the end of …

 Marketers attribute crisis to NNPC’s $6bn crude-for-product swap deal • Crude oil slips towards $65 as Forties Pipeline moves closer to restart Relief may be on the way for commuters as fuel supply to Lagos shows signs of improvement with …

The BUA Group yesterday described as misleading and malicious certain publications that have been attributed to the federal government as well as the court, with respect to its ongoing mining dispute with the Dangote Group. In fact, the BUA Group …

For the first time since the outbreak of fuel shortage which has made life harrowing and traumatic for Nigerians, President Muhammadu Buhari Sunday broke his silence, regretting the unpleasant episode and expressing sympathy with the people. Buhari, in a statement …

The Senate has resolved to probe the alleged proposed sale of the National Theatre and the Tafawa Balewa Square (TBS) in Lagos by the federal government to raise funds to finance the 2018 budget. It also urged the government to …

Senate, Ohanaeze youths, others condemn his arrest More than 24 hours after the Economic and Financial Crimes Commission (EFCC) stormed the residence of the chief executive officer and founder of Innoson Vehicles Manufacturing (IVM) Group, Mr. Innocent Chukwuma, and arrested …

The Court of Appeal in Lagos yesterday dismissed the appeal of the 14  foreigners who were convicted by Justice Ibrahim Buba of Federal High Court for dealing in petroleum products in Nigeria without lawful authority. The convicts were arraigned alongside …

In a bid to inspire, motivate and encourage its workforce, the management of the Nigerian Ports Authority recently rolled out the drums to celebrate workers for their hard work, dedication and commitment to duty. At the event which was hosted …

Stakeholders dole out N7.6m donations By Kenneth Jukpor As part of efforts to reward excellent cadets from the Nigerian Seafarers Development Programme (NSDP), the Nigerian Maritime Administration and Safety Agency (NIMASA) has awarded automatic scholarship to thirty-three (33) first-class NSDP …

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has been conferred with the Nigerian Institute of Public Relations (NIPR) Presidential Award. The award, Corporate PR Ambassador of the Year …

Vice President Yemi Osinbajo on Monday said with their poor remuneration, journalists in the country will find it impossible to live a meaningful life. The vice president, who also lamented the depth of private sector’s disrespect for the implementation of …

• Union suspends planned strike but petrol scarcity to persist as depots run out of stock Oil prices edged higher again Monday as a planned workers’ strike in Nigeria’s oil and gas industry and the North Sea pipeline outage threatened …