Tag: City

The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO). However,ILO advocates an internationally coordinated pol...

The Chairman of the Association of African Maritime Administrations (AAMA) and Director General, Nigerian Maritime Administration And Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that intercontinental collaboration is essential to the growth of mari...

A Non-Governmental Organisation (NGO), Human and Environmental Development Agenda Resource Centre (HEDA) has challenged the Central Bank of Nigeria (CBN) and telecommunication giant, MTN Nigeria to make public  more details on the $8.13 billion out-of-cou...

The Nigerian Civil Aviation Authority (NCAA) has  commenced investigation into the alleged depressurization of oxygen mask on one one of Air Peace Boeing 737 aircraft on the Lagos / Enugu route last Friday.  In a statement, NCAA spokesperson, Sam Adu...

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has said that the maritime sector and logistics are the driving force behind globalisation, stressing that everything about trade and development is centred o...

Imports at the major retail container ports in the US have set another record reaching 2 million containers in a single month as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from...

The Senate Committee on Marine Transport and the Federal Ministry of Transportation (FMOT) have called on stakeholders to join the Government in its recent efforts to pay more attention to the development of the maritime sector as it has enormous...

Mercedes-Benz has once again set a new sales record towards the end of this year despite a volatile market environment: 198,545 vehicles with the three-pointed star were delivered to customers all over the world last month.    Under ongoing challenging cond...

Weststar Associates Limited, authorized general distributor of Mercedes-Benz  has welcomed the new and iconic G-Class Sports Utility Vehicle (SUV) to Nigeria.   The new G-Class is now one of the most in demand passenger cars of 2018 due to improved...

The Securities and Exchange Commission, SEC has enjoined more Nigerians to take advantage of the on-going  e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy. Acting.....

Swiss container shipping company Mediterranean Shipping Company (MSC) paid USD 630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth Regulation. As informed, the violations were discovered during a rou...

Italian shipping company Grimaldi Group has taken delivery of its newest Pure Car and Truck Carrier (PCTC) Grande Torino from the Chinese shipyard of Yangfan, Zhoushan.  According to the company, the unit is the first one from a series of seven sister...

The Nigerian National Petroleum Corporation (NNPC) on Wednesday multi-billion dollar investment opportunities in the nation’s deep-offshore frontiers at the 10th World Energy Capital Assembly in London, United Kingdom.  Delivering his  address at the panel...