COSCO gets $54m fleet renewal backing

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating for relevant expenses or...
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Aruna Quadri empowers players with equipment

Aruna Quadri empowers players with equipment

To support junior players to fulfill their dream, African Champion, Aruna Quadri has supported local-based players with equipments.  The lucky six players are made up of five male and one female including national junior champion, Azeez Solanke.  According t...
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‘Concerted efforts needed to stop menace of climate change’

‘Concerted efforts needed to stop menace of climate change’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed the need for collaborative efforts to tackle the scourge of climate change. Dr. Dakuku stated this while speaking at an event on climate....
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More criticisms trail Nigeria’s Auto Policy

More criticisms trail Nigeria’s Auto Policy

By Moses Ebosele, ebosele@hotmail.com    Criticism has continued to trail implementation of Nigeria’s Automotive Industry Development Plan (NAIDP).     Speaking in Lagos at the Nigeria Auto Journalists Association (NAJA) monthly industry forum, a senior...
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PwC rallies support for Benue flood victims, donates N2.58m

PwC rallies support for Benue flood victims, donates N2.58m

By citybusinessnews@yahoo.com   Staff & partners of PwC Nigeria recently donated N2.58m to Sesor Empowerment Foundation for Benue Flood Victims.     Many communities in Benue State were flooded late August following heavy rains, leaving 110,000 people ...
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US announces new travel ban

US announces new travel ban

The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. Donald Trump issued a presidential proclama...
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FG reiterates commitment to tackle electricity supply challenges

FG reiterates commitment to tackle electricity supply challenges

The Federal Government has reiterated its commitment to tackle challenges associated with electricity supply nationwide.  Speaking in Akwa Ibom State on saturday during the inauguration of a metering company, Vice President Yemi Osinbajo explained that the Fe...
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ESL names 2nd LNG-Fueled Bulker

ESL names 2nd LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has named Haaga, the second of the company’s two LNG-fueled dry cargo vessels.   The naming ceremony took place at the Jinling shipyard in Nanjing, China, on September 22,...
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Mitsubishi intensifies marketing, gets new agency

Mitsubishi intensifies marketing, gets new agency

Mitsubishi, now under Nissan’s control, is beefing up its U.S. marketing plans and has hired Butler Shine Stern & Partners as its agency of record for creative, social and digital duties.  The Sausalito, Calif.-based independent agency, which resign...
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Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore

Ports & Cargo resumes handling of general Cargo, receives first voyage vessel from Singapore

Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group has made history again at its terminal with the arrival MV Maritime Challenger, a brand new general cargo vessel that embarked on its first ever voyage to any port...
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Osinbajo: Nigerian entertainment industry is absolutely amazing, extremely professional

Osinbajo: Nigerian entertainment industry is absolutely amazing, extremely professional

ONE of the areas where Nigeria can be very proud is in the arts and entertainment industry, where talented Nigerians continue to show and exceed world-class performance standards, Vice President Yemi Osinbajo, has said. Prof. Osinbajo while receiving the cast....
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Minister lauds BPE, seeks support for NIPOST agenda

Minister lauds BPE, seeks support for NIPOST agenda

The Nigerian Postal Service (NIPOST) is being reformed to undertake e-commerce and e-government services, the Minister of Communications, Alhaji Abdur-Raheem Adebayo Shittu has said.   According to the Minister, the development is a strategic response to tech...
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Weststar Associates delivers 55 Mercedes-Benz trucks to Total Nigeria

Weststar Associates delivers 55 Mercedes-Benz trucks to Total Nigeria

Weststar Associates, representatives of Mercedes-Benz in Nigeria has successfully delivered 55 units of Mercedes-Benz Actros 3340S Trucks to Total Nigeria Plc in Lagos.  Managing Director of Weststar Associates, Mr Mirko Plath, who described the transaction a...
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FICAN honours NNPC boss

FICAN honours NNPC boss

The Finance Correspondents of Nigeria (FICAN) has lauded the Nigerian National Petroleum Corporation (NNPC) for growing the Nigerian economy through its operations in the upstream, midstream and downstream with transparency and integrity.  Chairman of FICAN, ...
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