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Minister Commissions Upgraded Ibadan Airport

Ibadan Airport Regains Lost Glory, Records 13,305 Passengers In Q1 Of 2019

Ibadan Airport manager, Mr Victor Akinyelure has said that the airport recorded 13, 305 passengers traffic in the first quarter of 2019. Akinyelure, made this known while speaking with newsmen adding that,  571 aircraft movement was also recorded during the …

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Nigeria To Protest “War –Risk” Tag At Global Shippers' Forum

Shippers’ Council Bags 2019 World Bank Ease of Doing Business Award

In recognition of the immense contribution and support of the Nigerian Shippers’ Council towards driving PEBEC’s overall reform initiatives in 2018, the NSC was adjudged winner of the “World Bank 2019 Doing Business Ranking Award”  category,  while the NSC’s Reform …

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Nigeria to begin online ship registration

Efficient Dispute Resolution Critical To Growth Of Maritime Sector – Dakuku

* As NIMASA Organizes Admiralty Law Seminar for Judges The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged the Nigerian judicial system to ensure efficiency and timely dispensation of justice in maritime …

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Container-Laden Truck Kills Woman In Ibadan

Container-Laden Truck Kills Woman In Ibadan

A truck laden with a 40ft container lost control at Molete, Ibadan, Oyo State on Friday, killed an unidentified woman and injured others. An eye-witness narrated that the tragedy occurred at about 8am under the Molete flyover after the brake …

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Dakuku, Bala Usman to grace security officers’ conference

IAPH Conference: NPA Urged To Learn Lessons From Neighbouring Ports

One week after the inaugural African Regional Conference of the International Association of  Ports and Harbours (IAPH), stakeholders are admonishing Nigerian Ports Authority (NPA) to learn from the developments and strategies deployed by other African ports. Operators lament that despite …

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Shippers’ Council Seals PS Maritime, Reopens Cosco Shipping

Shippers’ Council Kicks Against Empty Container Charges By Shipping Lines

By Kenneth Jukpor Nigerian Shippers’ Council (NSC) has kicked against the proposed introduction of empty container positioning fees by some shipping lines in the country. The Council made this position known in a recent press release signed by the management. …

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BEARS: Reckless Police Officer

BEARS: Strike Palava

Aggrieved casual staff at Shell Petroleum Development Company (SPDC) on Thursday grounded operational activities of Nigeria’s largest oil export terminal in Delta state over disparities in their remuneration . The workers who are allegedly termed casual staff of the company …

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Fuel marketers, FAAN clash over airport fee, passengers stranded

FAAN Seeks Policy To Reduce Leftover Materials At Airports

The Federal Airports Authority of Nigeria (FAAN) has canvassed a policy to enforce recycling of plastics at airports. The Managing Director, FAAN, Mr. Saleh Dunoma, made the call at a programme to mark the World Environment Day in Lagos, he …

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Lagos-Ibadan Rail Construction Begins Next Week

Railway Revitalization: The Magic Wand of President Buhari’s Administration?

By Oyeniyi Iwakun The revitalization of the entire railway transportation systems in Nigeria via standard gauge construction and narrow gauge seem to be the flagship  project of the President Muhammadu Buhari led administration. This project has been the mostly marketed …

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‘Nigeria needs continuous bidrounds to offset instability in oil sector’

‘Nigeria needs continuous bidrounds to offset instability in oil sector’

An industry expert, who served as Deputy Managing Director of Shell Petroleum Development Company, (SPDC) Egbert Ulogo Imomoh, in Abuja on Wednesday, said continuous bid rounds were needed to enable Nigeria wet the shocks in the oil and gas industry. …

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Customs Intercepts Pangolin Scales Worth N10billion

Ikeja Customs Records N2Billion Seizures, Parades 4 Suspects

The Federal Operations Unit (FOU) Zone “A”, Ikeja of Nigeria Customs Service (NCS) last week showcased seizures worth two (2) billion naira and paraded four (4) suspects recorded in intensified anti-smuggling operations in one Month. Addressing journalists while conducting them …

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Slippery Coating Could Save Maritime Industry $40 Billion A Year

Slippery Coating Could Save Global Maritime Industry $40 Billion Annually

Slippery coating has been tipped to save the global maritime industry $40 billion by keeping pesky organisms such as mussels and algae off ships. These organisms, which increase fuel consumption by causing frictional drag and are difficult to remove, are …

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THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

Entrepreneurs are frequently thought of as national assets to be cultivated, motivated and remunerated to the greatest possible extent. Entrepreneurs can change the way we live and work. If successful, their innovations may improve our standard of living. In short, …

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Nigeria not using natural endowment for development – NEITI boss

Nigeria not using natural endowment for development – NEITI boss

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, Waziri Adio, has said that country’s natural resource endowments can translate to real and sustained prosperity if the nation maximises the opportunities they offer and manages the revenues derived from them in …

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FG to borrow $5.5bn via Eurobonds by year-end

FG to borrow $5.5bn via Eurobonds by year-end

The Federal Government is planning to sell as much as $5.5bn of Eurobonds in the next three months to fund capital projects and replace naira-denominated debt, the Debt Management Office has said. Yields on existing bonds rose to the highest …

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Manufacturers battle rising freight, demurrage at seaports

Manufacturers who rely on imported raw materials for their factory processes have had to contend with rising freight and demurrage costs. According to them , the costs have tripled in the last one month owing to the heavy traffic gridlock …

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FG Issues New List Of Govt Agencies To Operate At Ports

NPA Commends Customs On The Seizure Of 661 Pump Action Rifles

The Managing Director, Nigerian Ports Authority (NPA) Ms. Hadiza Bala Usman has commended the Customs Comptroller General, Col. Hameed Ali (Rtd.) and his management team on measures put in place; which resulted in the stupendous seizure of not fewer than …

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Togolese National Accuses SEC of Victimisation, Demands N500m Damages

Togolese National Accuses SEC of Victimisation, Demands N500m Damages

A Port Harcourt-based Togolese man, Tsomenefa Kounougna, has accused the Nigerian Securities and Exchange Commission (SEC) of victimisation by trying to cripple his investments, Flexus Global Solutions and Investment Limited and Port Harcourt Flexible Co-operative Investment, in Rivers state. He …

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Ejibunu resumes at Customs FOU A, vows to fight smugglers

Smugglers Concealed Rice As Dead Body

Dare devil smugglers have been arrested at the Seme border by operatives of the Customs Command of the Nigeria Customs Service for concealing rice as dead bodies. Officers of the service also arrested a suspected smuggler, Mr. Moses Degbogbahun, who …

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