Bank approves N408b for Lagos-Ibadan rail project

Bank approves N408b for Lagos-Ibadan rail project

Barely one  week after the Federal Government announced the release of N72billion  as its counterpart fund for the construction of the Lagos-Ibadan standard gauge rail line, the Export-Import Bank of China has approved $1.275bn (about N408bn) loan for the project...
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STOAN condoles MWUN over Secretary-General’s death

STOAN condoles MWUN over Secretary-General’s death

The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup has expressed shock at the demise of the Secretary-General of the Maritime Workers Union of Nigeria (MWUN), Comrade Aham Ubani, who died in Lagos recently.   Exp...
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Maritime sector, NUJ, critical to economic diversification, says NIMASA boss

Maritime sector, NUJ, critical to economic diversification, says NIMASA boss

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has urged the media, especially the maritime press to support the government’s drive to diversify the economy for growth and create alternativ...
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NPA Photo News

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd from Left), AIG Zone 2 of Nigeria Police Force, Cornelius Kayode Aderanti, MNI (3rd from Right), NPA’s General Manager (Public Affairs), Chief M.K. Ajayi (Right),  during a cour...
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‘Lagos, hub of the creative sector’

‘Lagos, hub of the creative sector’

The Minister of Information and Culture, Alhaji Lai Mohammed, has described Lagos State as the hub of the Creative Sector in Nigeria. According to the Minister, the State has key role to play in the Federal Government’s economic diversification policy...
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NPA Photo News

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd from Right), Comptroller-General of Nigeria Customs Service (NCS), Hameed Ibrahim Ali (5th from Left), and other top Management of Customs and NPA during a courtesy visit of MD...
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NPA, Customs explains single window partnership at Ports

NPA, Customs explains single window partnership at Ports

As part of measures to promote trade, the Nigerian Ports Authority (NPA) and the Nigerian Customs Service (NCS) are collaborating to introduce Single Window (SW) platform at the Seaports. According to the Managing Director of  NPA, Ms Hadiza Balla Usman,...
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How to grow liquidity in emerging markets, by WFE

How to grow liquidity in emerging markets, by WFE

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‘Osinbajo not under pressure to resign’

‘Osinbajo not under pressure to resign’

The Presidency on Wednesday denied reports in some quarters  that Acting President, Prof Yemi Osinbajo was under  pressured to resign. A statement issued by the Special Adviser to the President on Political Affairs, Femi Ojudu, explained that it was not tru...
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FG tasks General Electric CEO on $2b East-West rail project

FG tasks General Electric CEO on $2b East-West rail project

The Vice President, Prof. Yemi Osinbajo, on Tuesday in Abuja urged a delegation from General Electric (GE) led by its Global Chief Eexecutive Officer, Jeff Immelt to speed up its infrastructural engagements in Nigeria.  One of such engagements according to...
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Dogara seeks infrastructure bond for road projects

Dogara seeks infrastructure bond for road projects

Concerned about the huge debt owed to local road contractors in the country, speaker of the House of Representatives, Rt Hon Yakubu Dogara, has proposed an Infrastructure Bond for funding road infrastructure in the country. Speaking when he received the...
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FG releases N72b for Lagos/Ibadan rail project

FG releases N72b for Lagos/Ibadan rail project

As part of its commitment to the Lagos-Ibadan rail development project, the Federal Government has released N72 billion of its counterpart funding. Minister of Transportation, Rotimi Amaechi who disclosed the development on Monday explained that Chinese partne...
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Nigeria’s goal is to ensure stronger, more robust African Union, says Osinbajo

Nigeria’s goal is to ensure stronger, more robust African Union, says Osinbajo

Nigeria will continue to work together with other African countries to ensure that the African Union becomes a stronger and more robust organization for the benefit of the continent and its people, the Vice President, Yemi Osinbajo,has said. Osinbajo, who...
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BPE boss seeks concession of 380,000 hectre of River Basin Authority land

BPE boss seeks concession of 380,000 hectre of River Basin Authority land

The only way to check the encroachment of the over 380,000 hectres of arable land belonging to the 12 River Basin Development Authorities (RBDAs) in the country by unauthorized persons is to concession or lease such land to top flight...
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