Bidding Begins For South Korea’s Flagship Carrier

Bidding Begins For South Korea’s Flagship Carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM has been launched in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB),...
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Be Security Conscious, Osun Governor Counsels Residents

Be Security Conscious, Osun Governor Counsels Residents

Governor Ademola Adeleke of Osun State has advised Osun residents to be security conscious even as he assured that his administration has taken security precautions to secure the state. In a message to people of Osun state on Saturday, Governor...
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FIRS Rakes In N5.5Trillion In Six Months

FIRS Rakes In N5.5Trillion In Six Months

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023.   A statement issued by Johannes Oluwatobi Wojuola, Special Assistant to the Executive Chai...
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India Bans Rice Exports

India Bans Rice Exports

India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. BBC report that heavy rains have hurt crops in the country and rice prices have risen by more than 11% over...
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Shell Partners Firm On Maritime Decarbonisation

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...
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Fuel Subsidy: Diri Rolls Out 106 Vehicles In Bayelsa

Fuel Subsidy: Diri Rolls Out 106 Vehicles In Bayelsa

Governor of Bayelsa State, Senator Douye Diri, has unveiled a new transport scheme in a bid to alleviate the suffering of commuters in the state occasioned by the federal government’s removal of fuel subsidy.  Governor Diri, who inaugurated 100 cabs...
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Photo News

Photo News

Mr. Felix Mahan, Brand Manager, Renault, Coscharis Motors (Left) and Mrs. Emmanuelle Blatmann, French Ambassador to Nigeria, during the celebration of French National Day, supported by Coscharis-Renault, in Lagos
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Ecobank Nigeria To Appeal Honeywell’s N72b Court Judgement

Ecobank Nigeria To Appeal Honeywell’s N72b Court Judgement

Ecobank Nigeria Limited is to appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum...
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Senate Probes NDDC’s N6.5b Shore-Line Contract

Senate Probes NDDC’s N6.5b Shore-Line Contract

The Senate is to investigate the N6.5 billion shoreline protection contract awarded by the Niger Delta Development Commission (NDDC) in Ondo State in 2006. The Senate resolution was on the heels of a motion adopted by the Senator representing Ondo...
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Benin Port: Obaseki Parleys Host Communities

Benin Port: Obaseki Parleys Host Communities

The Edo State Governor, Mr. Godwin Obaseki, on Tuesday, parleyed host communities of the Benin Port Project, noting that the project on completion will boost economic activities in the State and create over 30,000 jobs. The governor at the town...
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US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

The United States Coast Guard says it is committed to Nigeria’s quest to implement the International Ships and Ports Security (ISPS) Facility Code in line with acceptable global best practices.  Lt. Cdr. Jonna L. Clouse who is leading a team...
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IMO Gets New Secretary-General

IMO Gets New Secretary-General

The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assemb...
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NNPC Explains Increase In Fuel Price

NNPC Explains Increase In Fuel Price

The Nigerian National Petroleum Company Ltd,  has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview...
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IMO Begins 129th Session, To Pick New Secretary-General

IMO Begins 129th Session, To Pick New Secretary-General

The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide.  The event takes place from the 17th to the 21st of July 2023. World Maritime News report that...
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