Ports & Cargo Handles $200m Kano-Maradi Rail Project Equipment

Ports & Cargo Handles $200m Kano-Maradi Rail Project Equipment

A subsidiary of SIFAX Group and operator of Terminal C at the Tin Can Island Ports Complex, Lagos, Ports & Cargo Handling Services Limited (PCHS), has recorded another milestone with the successful cargo handling of equipment for the $200 million Kano-Maradi in...
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Gov Otu Receives Calabar Port Manager, Harps On Dredging

Gov Otu Receives Calabar Port Manager, Harps On Dredging

Cross River State Governor, Bassey Otu has appealed to the Federal Government to dredge the Calabar Port and transform it as part of measures to attract shipping investors, tourists and boost revenue generation. Otu made the appeal on Friday in Calab...
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Tinubu Raises Committee On Tax Reforms

Tinubu Raises Committee On Tax Reforms

President Bola Tinubu has established a presidential committee on fiscal policy and tax reforms.  In a statement on Friday, Special Adviser to the President on Special Duties, Dele Alake, revealed that the committee will be chaired by Fiscal Policy Partne...
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NPA Explores PPP For Tincan Island Quay Apron Rehabilitation

NPA Explores PPP For Tincan Island Quay Apron Rehabilitation

The Nigerian Ports Authority (NPA) has disclosed that the authority had explored various options to find a sustainable Public Private Partnership (PPP) arrangement for the rehabilitation of the Tincan Island quay apron. The Managing Director, NPA, Mr Mohammed ...
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Rep Raises Alarm Over Ovia River Bridge Imminent Danger

Rep Raises Alarm Over Ovia River Bridge Imminent Danger

The representative of Ovia constituency of Edo State in the House of Representatives, Dennis Idahosa, has raised the alarm over the imminent danger on the Ovie River Bridge, on the ever-busy Benin-Lagos Expressway. Idahosa, a chieftain of the All Progressives....
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Naira Drops Further, Exchanges At N769.25 To Dollar

Naira Drops Further, Exchanges At N769.25 To Dollar

Again, the Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent compared with N763, which it exchanged for the dollar before the Eid-el-Kabir holiday that began...
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Iheanacho To Indigenous Shipowners: Maximize Opportunities In Oil, Gas Industry

Iheanacho To Indigenous Shipowners: Maximize Opportunities In Oil, Gas Industry

It would be most beneficial for Nigerian shipowners operating in the sub-sector to concentrate on the tanker trade than operating liner services, the Chairman of Integrated Oil and Gas Company, Captain Emmanuel Iheanacho, has said. Iheanacho said this in Lagos...
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AD Port Group Seals New Concession deal

AD Port Group Seals New Concession deal

UAE-based port operator, AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint.....
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SIFAX Group Chairman Lauds Appointment Of Customs CG

SIFAX Group Chairman Lauds Appointment Of Customs CG

Chairman, SIFAX Group, Dr. Taiwo Afolabi, has commended the appointment of Mr. Adewale Adeniyi as the Acting Comptroller General of the Nigeria Customs Service by President Bola Tinubu. In a congratulatory letter to the new Customs boss, Afolabi hailed the...
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NPA Resuscitates Comatose Apapa Water Works

NPA Resuscitates Comatose Apapa Water Works

The Mohammed Bello Koko-led Management of the Nigerian Ports Authority (NPA) has resuscitated the 2.4 Million Gallons Per Day Apapa Water Works that has been moribund since 2012.Speaking during handover of the resuscitated facility in Apapa on Thursday 22nd Ju...
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NDDC: Ministry Directs Ogbuku To Continue As Chief Executive

NDDC: Ministry Directs Ogbuku To Continue As Chief Executive

The Ministry of Niger Delta Affairs has directed the Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku to continue to oversee the affairs of the Commission until a new board is constituted by the President and Commander-i...
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NIMASA, NAVY Strengthen Collaboration For Seafarers Certification

NIMASA, NAVY Strengthen Collaboration For Seafarers Certification

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr.Bashir Jamoh, OFR, has restated the Agency’s commitment to issuing appropriate certification to qualified men of the Nigerian Navy who undergo requisite training at th...
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Profile Of Acting CBN Governor, Adebisi Shonubi

Profile Of Acting CBN Governor, Adebisi Shonubi

Following the suspension of Godwin Emefiele as Central Bank of Nigeria (CBN) Governor, President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi as acting CBN Governor. Already, office of the Secretary to the Government of the Federation (SGF) &n...
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Private Universities Hit 147 As NUC Issues 37 Provisional Licenses

Private Universities Hit 147 As NUC Issues 37 Provisional Licenses

The National Universities Commission (NUC) on Friday presented provisional licenses to 37 newly approved private universities in Nigeria. The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, on May 15, approved the establishment of...
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