Nigeria, Ghana, sign MoU on maritime operations

Nigeria, Ghana, sign MoU on maritime operations

In line with its vision to enhance regional integration to develop capacity, the Nigerian Maritime Administration and Safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the Ghanaian Maritime Authority, GMA.   At the official signing of the...
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NPA clarifies position on termination of contract, job security as FIRS explains visit to Intels

NPA clarifies position on termination of contract, job security as FIRS explains visit to Intels

The termination of boats pilotage monitoring and supervision contract with INTELS Nigeria Limited will not erase jobs, Nigerian Ports Authority (NPA) Managing Director, Hadiza Usman, has said.   Speaking in Lagos on Monday, Usman explained that a new company ...
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Pensioners resume protest in Edo

Pensioners resume protest in Edo

Pensioners in Edo State on Monday resumed   protest to demand for the payment of their pension arrears and gratuity. The  pensioners in their numbers  sang solidarity and derogatory songs as well as  prayed to God to intervene on their behalf....
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Osinbajo: NNPC did not award $25b contracts

Osinbajo: NNPC did not award $25b contracts

The Nigerian National Petroleum Corporation (NNPC) did not award $25billion contracts, Vice President Yemi Osinbajo has declared.   A statement issued on Sunday by the Vice President Senior Special Assistant (SSA), media and publicity, Laolu Akande, explaine...
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Veteran auto marketer, Raju Sawlani, unveils multibrand sales, service outlet in Lagos

Veteran auto marketer, Raju Sawlani, unveils multibrand sales, service outlet in Lagos

 By Moses Ebosele, ebosele@hotmail.com –    Come Thursday, October 19th, 2017, world class multibrand sales and service centre, Turing Simcubator Limited (TSL), will commence business activities in Lagos State.   Located at Plot 3, Apapa-Oshodi Expre...
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Controversy trails NPA, Intels imbroglio

Controversy trails NPA, Intels imbroglio

By citybusinessnews@yahoo.com   –   The controversy surrounding the termination of pilotage contract agreement with INTELS by the Nigerian Ports Authority (NPA) continued at the weekend.     Indeed, the controversy has divided Nigerians into two gr...
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Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Foreign minister at 27, Sebastian Kurz set to become world’s youngest leader at 31

Austria’s conservative People’s Party, led by 31-year-old Sebastian Kurz, is set to win the country’s general election, projections suggest. Mr Kurz is on course to become the world’s youngest national leader. The People’s Party w...
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Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

Coscharis unveils Ford Assembly plant in Lagos, rolls out 600 units of Ranger

By Moses Ebosele, ebosele@hotmail.com –    A leading player in the automotive industry in Nigeria, Coscharis Group, has unveiled Ford Assembly plant in Lagos.   Already, the plant located at KM 32, Lekki-Epe Expressway, Awoyaya, Lagos State has rolle...
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NPA replies Intels, insist on level playing field for all operators

NPA replies Intels, insist on level playing field for all operators

By citybusinessnews@yahoo.com  –   The management of Nigerian Ports Authority (NPA) has dismissed reported plans by Integrated Logistics Services limited (Intels) to withdraw its investment agenda in Nigeria.   According to NPA, business thrives in f...
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Edo reviews 2017 budget downwards by 16.49 %

Edo reviews 2017 budget downwards by 16.49 %

The Edo State Government has approved the downward review of the 2017 budget from the initial ₦153.187bn to ₦127.921billion, representing a 16.49% reduction.  In a statement issued after an emergency Executive Council (EXCO) meeting held at Government Hou...
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SIFAX Group gets West Africa Shipping Award

SIFAX Group gets West Africa Shipping Award

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has bagged an award at the 7th edition of the Nigeria Brand Awards. SIFAX Group was awarded the “Most Innovative an...
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Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

Osinbajo lauds NLNG, flags off construction of N120b Bonny-Bodo road project

The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, SAN (GCON), on Thursday in Bonny flagged off the construction of the N120 billion Bonny-Bodo Road to be jointly funded by Nigeria LNG Limited (NLNG) and the Federal...
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NSE appoints Jalo-Waziri CSCS boss

NSE appoints Jalo-Waziri CSCS boss

The Nigerian Stock Exchange (NSE) has appointed Mr. Haruna Jalo Waziri as the substantive Chief Executive Officer of the Central Securities Clearing System (CSCS).   National Wire reports that Waziri will take over from Mr. Bola Adeeko who  has been pilotin...
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South Korea gets order for 26 new vessels in September

South Korea gets order for 26 new vessels in September

Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged....
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