(WMN)-Rodolphe Saadé has been appointed as the new Chief Executive Officer of the French shipping company CMA CGM Group, taking over the reins from his father Mr. Jacques Saadé. Jacques Saadé remains Chairman of the Board of Directors, the company informed. “Rodolphe…
NIMASA refutes report on Maritime Varsity as Board reiterates support for resource development centre
By Moses Ebosele – The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied report alleging its opposition to the establishment ofMaritime University at Okerenkoko, in Warri South West Local Government Area of Delta State. A statement issued on Thursday…
Obaseki tasks Pensions Fund Administrators on quality service delivery
Edo State Governor, Mr. Godwin Obaseki has assured the Pensions Fund Managers of his administration’s support in ensuring quality service delivery to Edo State workforce who are currently keying into the Contributory Pension Scheme. Godwin Obaseki who recently engaged the…
NSE Photo News
( L – R) , shows Alhaji (Dr) Musbahu Basir, Director, Jaiz Bank Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Alhaji (Dr) Umaru Abdul Mutallab, CON, Chairman, Jaiz Bank Plc and Alhaji (Dr) Umaru…
PwC: How to lift Nigeria’s GDP from 22nd to 14th in Africa by 2050
A new report from the stable of PwC has predicted that Nigeria could move up the GDP rankings in Africa from 22nd place to 14th by 2050. However, the report titled: “The Long View: How will the global economic order…
NPA partners NIM on capacity building
The Nigerian Ports Authority ( NPA) has expressed its readiness to partner with the Nigerian Institute of Management (NIM) ) for effective training and capacity building of its workforce. Managing Director of NPA, Ms Hadiza Bala Usman stated this when…
FOU Zone ‘C’ impounds 17 items, recovers 21 underpayments in January
For the month January, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’, Owerri confiscated seventeen (17) prohibited items and 21 underpayments recovered with a total sum of one hundred and ninety-four million, six hundred and fifty-six thousand,…
2,500 NSDP graduates to get seatime training in 2017, says NIMASA DG
About 2500 graduates of the NSDP programme will be assisted to get trained on Sea going Vessels for their mandatory sea time in 2017, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Peterside Dakuku has said…
WFE unveils white paper on CCP recovery, resolution
The World Federation of Exchanges on Tuesday published a white paper entitled ‘The interplay between Central Counterparty (CCP) recovery and resolution: a global perspective’, setting out the views of the exchange and CCP community from a global practitioner perspective. Specifically,…
Meridiana introduces late evening flights for Nigeria, Ghana
Meridiana Fly, Italy’s fastest growing airline has reaffirmed its commitment to the Nigerian and Ghanaian markets by confirming both routes in summer schedule for 2017. Supported by Ghana’s firm -Dre Aviation and Dana Air, Meridiana Fly entered into the West…
ACG Abueh task officers on vigilance, dedication
The Zonal Coordinator Zone “A” of the Nigeria Customs Service, NCS, Assistant Comptroller General of Customs, ACG Abueh Monday (mni) has charged officers and men of the Service to be extra vigilant and dedicated to their duties. Addressing officers during…
Nigeria Railway boss explains increase in Abuja-Kaduna fare
The Managing Director, Nigerian Railway Corporation (NRC), Fidet Okhiria, has explained that the increase in fare of Abuja-Kaduna rail line was to meet up with the part cost of the rail operations. Mr. Okhiria told the News Agency of Nigeria…
GMS: Uncertainty looms over Pakistani Shipbreaking yards
(WMN) The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for the fate of new arrivals and clearance permissions on existing deals, according to GMS, a cash buyer of ships for recycling. Namely, the uncertainty…
Photo News
Ag. President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo (Right), Governor Godwin Obaseki (Middle) and Mrs. Betsy Obaseki wife of the Edo State Governor (Left) exchanging pleasantries with the guest