NPA begins verification of pensioners July 17th in nine locations

NPA begins verification of pensioners July 17th in nine locations

The Nigerian Ports Authority (NPA) has concluded plans to conduct Physical and biometric verification of pensioners between July 17th and August 20th in nine locations nationwide.     The exercise is scheduled to hold in Calabar, Warri, Owerri, Umuahia, Bayelsa, Portharcourt, Abuja,...
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Rolls-Royce celebrates style, luxury at 2017 Festival

Rolls-Royce celebrates style, luxury at 2017 Festival

Still savouring increase in sales, Rolls-Royce has revealed its latest bespoke motor car, the Dawn Black Badge.    It was unveiled at the 2017 Goodwood Festival of Speed. The annual event celebrates speed in all its glory, featuring historic motor...
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Osinbajo canvasses peace, security at AU Summit

Osinbajo canvasses peace, security at AU Summit

Acting President, Prof Yemi Osinbajo, has challenged African leaders to affirm their readiness to tackle root causes of violence. In his address to African leaders in Addis Ababa, Ethiopia, at the 29th session of the African Union (AU) summit,  Prof...
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Elumelu commends Afreximbank, seeks support for African Businesses

Elumelu commends Afreximbank, seeks support for African Businesses

At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulated Afrexim for the critical support that the Bank, led by President...
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Agusto upgrades Access Bank’s rating to Aa-

Agusto upgrades Access Bank’s rating to Aa-

In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profi...
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Ministry, NSC hold summit on truck transit parks

Ministry, NSC hold summit on truck transit parks

To facilitate investments in Truck Transit Parks (TTPs) and enhance trade and investments for the revival of Nigeria’s economy, the Federal Ministry of Transportation in collaboration with the Nigerian Shippers’ Council (NSC) and Kings Communications Lim...
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Mercedes-Benz maintains lead over BMW

Mercedes-Benz maintains lead over BMW

Mercedes-Benz held off BMW again last month to preserve its substantial midyear lead in U.S. luxury auto sales. BMW’s CEO isn’t ready to accept being relegated to the second position. Mercedes sold 28,994 cars and light trucks in the U.S....
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CMA CGM to sell majority stake in GGS terminal

CMA CGM to sell majority stake in GGS terminal

French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July...
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Total secures 50.1 % stake in $5b gas deal with Iran

Total secures 50.1 % stake in $5b gas deal with Iran

Total is to sign $5billion gas deal with Iran on Monday to develop an offshore gas field in the Gulf.  According to the BBC, It is the biggest foreign deal since most economic sanctions against the country were lifted in...
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‘NIMASA is working with agencies to ensure academic activities at maritime varsity commence next session’

‘NIMASA is working with agencies to ensure academic activities at maritime varsity commence next session’

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FRSC records 32 per cent decrease in death

FRSC records 32 per cent decrease in death

Data gathered from the just concluded June 2017 Eid El Fitri Special Patrol by the  Federal Road Safety Corps (FRSC) has  revealed significant decrease in road accidents fatality rates when  compared to the year 2016 Eid El Fitri.   According...
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Gulf of Guinea Piracy Raises Concerns among EU Shipowners

Gulf of Guinea Piracy Raises Concerns among EU Shipowners

Continued piracy, armed robbery attacks and kidnapping for ransom events in the Gulf of Guinea (GoG), and particularly off Nigeria, are still worrying European shipowners. According to the latest International Maritime Bureau (IMB) Piracy report in total 33 v...
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Aisha Buhari returns to London

Aisha Buhari returns to London

Wife of the President, Mrs. Aisha Muhammadu Buhari left for London, United Kingdom on Sunday, July 2, 2017, to visit her husband who is on medical vacation. She will convey to the President the best wishes of Nigerians and their...
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Gulf States give Qatar 48-hour extension

Gulf States give Qatar 48-hour extension

(BBC) Saudi Arabia and three other Arab states have extended the deadline for Qatar to accept a list of demands or face further sanctions by 48 hours.   The initial deadline for Qatar to agree to the group’s 13 demands,...
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