Firm Seals Two Charter Deals With MSC, Maersk Line

Firm Seals Two Charter Deals With MSC, Maersk Line

UK-based containership charter owner, Global Ship Lease (GSL) has agreed new charters for two of its vessels with container shipping majors.Both charters are commencing this June and include the 2,824 TEU GSL Valerie and the 5,095 TEU Orca.The 2005-built GSL...
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Buhari To CBN: Blacklist Firms Still Importing Palm Oil

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...
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COSCHARIS Unveils Complimentary BMW Five Year Service

COSCHARIS Unveils Complimentary BMW Five Year Service

Coscharis Motors, the sole franchisee of BMW in Nigeria has commenced  complimentary five year service or 100,000km BMW care package, whichever comes&...
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NNPC Inaugurates Trading Company’s New Office

NNPC Inaugurates Trading Company’s New Office

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to boost their productivity.The NNPC helmsman’s charge came during his inauguration of a new office complex of its ...
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Apapa Gridlock: Presidential Taskforce Gets Extension

Apapa Gridlock: Presidential Taskforce Gets Extension

The Federal Government has extended by two weeks, the time given the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter following a request for extension by members of the taskforce and other stakeholders.Vice President Yemi Osinbajo, S...
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Nigeria Customs Generates N5.5b Daily

Nigeria Customs Generates N5.5b Daily

The Nigeria Customs Service (NCS) generates not less than N5.5 billion daily.The Comptroller-General (CGC), Hameed Ali, made this known during a working visit to the headquarters of the National Association of Government Approved Freight Forwarders (NAGAFF) in...
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Mercedes-Benz Delivers 938,499 Vehicles In Five Months

Mercedes-Benz Delivers 938,499 Vehicles In Five Months

Mercedes-Benz sold 195,690 vehicles worldwide in May (-1.3%). The sales success of the new A-Class and the new CLA Coupé,which was launched in Europe in May, had a positive effect last month. In a highly competitive market environment worldwide, the...
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Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee

Heritage Bank Secures CIBN Nod On Academy, Trains 300 New Employee

In line with its commitment to ensure greater efficiency and boost its workforce, Heritage Bank Plc has received a nod from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute, with...
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NIMASA Boss Explains 7,000 New Jobs

NIMASA Boss Explains 7,000 New Jobs

The Nigerian Maritime Administration and Safety Agency (NIMASA)has keyed into the vision of President Muhamadu Buhari by creating over 7000 jobs in the last six months through the New Cabotage Compliance Strategy.Addressing Journalists on Thursday in Lagos, th...
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Fidelity Bank, NIPOST Seal Agency Banking Partnership

Fidelity Bank, NIPOST Seal Agency Banking Partnership

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening financial inclusion in the country.The DMD, who disclosed this in...
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NSE Photo News

NSE Photo News

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Ford Recalls 1.2m Vehicles

Ford Recalls 1.2m Vehicles

Ford is recalling 1.2 million sport utility vehicles in the US over suspension issues that the car giant said could affect steering.The recall, which is expected to cost $180m (£140m), affects Ford Explorers made in the US firm’s Chicago plant...
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Aisha Buhari Empowers 2000 Women

Aisha Buhari Empowers 2000 Women

Wife of the President, Dr. Mrs. Aisha Muhammadu Buhari has empowered 2000 women in Yola, Adamawa state.A press statement explained that the event,  organized by Aisha Buhari Foundation in collaboration with the National Directorate of Employment (NDE) wit...
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Daewoo Secures Order For Another LNG Carrier

Daewoo Secures Order For Another LNG Carrier

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime.The Greece-based shipowner, part of Angelicoussis Shipping Group, ordered the 174,000 cbm unit on June 12. The vessel will be buil...
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