SIFAX Group wins Warri Port Terminal Concession

SIFAX Group wins Warri Port Terminal Concession

The SIFAX Group-led consortium, Ocean and Cargo Terminal Services Limited, has been declared the preferred bidder of Terminal B, Warri Old Port.  In a statement, the company said:“At a well-attended meeting (on Wednesday), at the Conference Room of the Bureau...
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FG  Probes National Assembly Invasion

FG Probes National Assembly Invasion

The Federal Government has expressed shock at the invasion of the National Assembly and the subsequent snatching of the Senate mace by thugs on Wednesday. In a statement issued in Abuja on Wednesday, the Minister of Information and Culture, Alhaji Lai Moham...
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Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

Buhari: Trade, Investment Key To Sustainable Development Among Commonwealth Nations

President Muhammadu Buhari has identified Trade and Investment Facilitation as key to sustainable development and ease of doing business and regional integration among Commonwealth countries. He also cited expanded markets with safeguards against injurious tra...
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South Africa, KCT Seal Agenda For New Terminal

South Africa, KCT Seal Agenda For New Terminal

South Africa’s Transnet National Ports Authority (TNPA) has signed a deal with KwaZulu Cruise Terminal (KCT) that will see the delivery of a new cruise facility in the Port of Durban by October 2020. Under the agreement, signed between the parties on Apr...
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Wema  Bank Introduces Agent Banking in Bauchi

Wema Bank Introduces Agent Banking in Bauchi

Wema Bank Plc  has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country.  Agent Bank is a cost-effectivemedium employed by Banks to provide financial access to unbanked,...
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Elumelu, Kim, Weiner To Open Forum On  Digital Economy for Africa

Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C...
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Buhari: I Am Bothered More About Security, Economy

Buhari: I Am Bothered More About Security, Economy

The three-pronged focus of the current administration resonated through the conversation, as President Muhammadu Buhari held a bilateral meeting with British Prime Minister, Theresa May on Monday at 10, Downing Street, London.  “We campaigned on three major...
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Nigerian Air Force Trains Pioneer Pilots For Liberian Armed Forces

Nigerian Air Force Trains Pioneer Pilots For Liberian Armed Forces

The Nigerian Air Force (NAF) has winged two Liberian pilots, who are the first set of pilots to be trained for the Liberian Armed Forces thereby strengthening the long-standing relationship between Nigeria and Liberia.       The Liberian pilots had their....
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CMA CGM to Operate Lekki Port’s Container Terminal

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations an...
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Lee Engineering Unveils $100M Fabrication Plant In Warri

Lee Engineering Unveils $100M Fabrication Plant In Warri

Lee Engineering and Construction Company, one of Nigeria’s indigenous oil serving companies, has established a $100 million fabrication plant in Warri, Delta State to meet the fabrication needs of multinational companies in the oil and gas sector.  Chief (D...
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Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...
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Heritage Bank Photo News

Heritage Bank Photo News

L-R: Tope Oshunkeye: Designation, Marketing Manager, DStv; winner of One Million Naira and Big Brother Naija Head of House Chair, Zainab Abudullai and Senior Advisor, Private Banking, Heritage Banking Plc, Adora Zulu-Okafor, during the gift presentation in th...
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SEC Holds First CMC Meeting In 2018

SEC Holds First CMC Meeting In 2018

The Securities and Exchange Commission (SEC) is set to host the First Capital Market Committee (CMC) meeting for 2018. The meeting is scheduled to hold in Lagos from Thursday April 19 to Friday April 20, 2018 at the Federal Palace...
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IMO Members Agree on 50 % Emissions Cut

IMO Members Agree on 50 % Emissions Cut

Countries attending the International Maritime Organization (IMO) meeting in London agreed to require the shipping sector to reduce its emissions by at least 50 pct by 2050 compared to 2008. “Today’s commitment by governments to require international shipp...
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