Shipping Firms Stop Red Sea Routes After Attacks

Shipping Firms Stop Red Sea Routes After Attacks

The world’s largest shipping group, Mediterranean Shipping Company (MSC), has announced it is diverting its ships away from the Red Sea because of an increased threat of attacks. French company CMA CGM took a similar step a day after Danish...
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Lagos Unveils 72-Hour Non-Stop Fun Activities

Lagos Unveils 72-Hour Non-Stop Fun Activities

Lagos State Government, through the Ministry of Tourism, Arts and Culture, has unveiled plans to hold a 72-hour #Greater Lagos Fiesta – a non-stop entertainment show beginning from the 29th of December, 2023 to the early hours of 1st January,...
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Kajola Dry Port To Generate 40,000 Jobs 

Kajola Dry Port To Generate 40,000 Jobs 

The Ogun State Government has revealed that the recently approved Kajola Dry Port has the potential to create at least 40,000 when it becomes operational.   The Commissioner for Transportation Olugbenga Dairo in   statement explained t...
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Honda HR-V Emerges 2023 Car-Of-The-Year In Nigeria

Honda HR-V Emerges 2023 Car-Of-The-Year In Nigeria

Honda HR-V on Thursday night beat other rivals to clinch the coveted Car-of-the-Year award during the 2023 Nigeria Auto Journalists’ Association (NAJA) Auto Awards. The annual awards celebrated outstanding brands and individuals making the wave in the automo...
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NADDC Boss Tasks Auto Stakeholders On Local Contents Development, Integration

NADDC Boss Tasks Auto Stakeholders On Local Contents Development, Integration

The Director General, National Automotive Design and Development Council (NADDC), Mr Joseph Osanipin has challenged the key players in the Nigerian Automotive Industry to think more on automotive components development and integration in assembly operations. T...
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New NCDMB Boss Charges Staff On High Performance

New NCDMB Boss Charges Staff On High Performance

The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and management of the Board. Ogbe was appointed on Thu...
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Firm Orders Four Methanol-Fueled Bulkers

Firm Orders Four Methanol-Fueled Bulkers

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant...
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Lagos Budgets N2.246trillion For 2024

Lagos Budgets N2.246trillion For 2024

For the fiscal year 2024, the Lagos state government on Wednesday presented N2.246 trillion budget to the state House of Assembly for deliberation and approval.   Presenting the 2024 appropriation bill tagged “Budget of Renewal” to the ...
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Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

Oyetola To Prioritize Modernization, Rehabilitation Of Ports In 2024, Budget N10.9b

The Minister of Marine and Blue Economy, Adegboyega Oyetola has presented a N10.9bn, 2024 budget for his Ministry to the joint House Committees of the Senate on Marine Transport and the House of Representatives Committees on Ports and Harbour, Maritime...
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NGX All-Share Index Hits 72,000 Mark

NGX All-Share Index Hits 72,000 Mark

The All-Share Index (ASI) of Nigerian Exchange (NGX), on Wednesday, crossed the 72,000 mark, increasing to 72,299.79 points.. The figure represents an increase of 392.53 points, representing a 0.55 percent when compared with 71,907.26 recorded at the previous ...
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Tesla Recalls Two Million Cars 

Tesla Recalls Two Million Cars 

Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective. It follows a two-year investigation into crashes which occurred when the tech was in use. The recall applies to ...
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Lagos Unveils Fresh Agenda To Boost MSMEs

Lagos Unveils Fresh Agenda To Boost MSMEs

The Lagos State Government is putting in place support system needed by Micro, Small and Medium Enterprises (MSMEs) as part of measures to meet the target of exporting to Africa and beyond.  The State Governor, Mr. Babajide Olusola Sanwo-Olu, disclosed...
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Qatar Airways Group CEO Joins IATA Board

Qatar Airways Group CEO Joins IATA Board

Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer has been elected to the International Air Transport Association’s Board of Governors.  The International Air Transport Association (IATA) is the trade association for the world’s...
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LASTMA Flags Off 2023 ‘Ember Months’ Campaign

LASTMA Flags Off 2023 ‘Ember Months’ Campaign

The Lagos State Traffic Management Authority (LASTMA) has flagged off the Year 2023 Ember Months’ Public Enlightenment and Safety Advocacy Campaign with the newly launched ‘Lastma Female Elite Corp’ Speaking during the flag-off ceremony, the Ag. ...
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