SEC Partners Pencom On Commodities Sector 

SEC Partners Pencom On Commodities Sector 

The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with the National Pensions Commissions (Pencom) as part of measures to further deepen the commodities ecosystem.  Director General of SEC, Lamido Yuguda stated this when the Management of...
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FG Gives Conditions For Renewal Of Ports Concession

FG Gives Conditions For Renewal Of Ports Concession

Companies seeking renewal of ports concession agreements must show satisfactory evidence of performance, meet key performance indicators and other obligations incumbent on them.  The Minister of Transportation, Mr Mu’azu Sambo said this during an offici...
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Sylva: Theft, Pipeline Vandalism Responsible For Crude Losses

Sylva: Theft, Pipeline Vandalism Responsible For Crude Losses

The Minister of State Petroleum Resources, Chief Timipre Sylva has attributed loss of revenue from crude production to theft, pipeline vandalism and decayed infrastructure.  The minister, in a statement on Monday by his Senior Adviser, Media and Communica...
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NIMASA DG INSTALLED AS THE “BAATONA” OF AKURE KINGDOM

NIMASA DG INSTALLED AS THE “BAATONA” OF AKURE KINGDOM

The Deji of Akure, Oba Aladetoyinbo Ogunlade Aladelusi, Odundun II has installed the Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr Bashir Jamoh (OFR) as the Baatona of Akure Kingdom.   The Minister of State ...
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Minister Tasks Shippers’ Council On Port Community System 

Minister Tasks Shippers’ Council On Port Community System 

The Minister of Transportation,  Mu’azu Sambo has urged the Nigerian Shippers’ Council (NSC) to establish a Port Community System (PCS) before the end of President Muhammadu Buhari-led administration.  Sambo made the call when he paid a visit to the cou...
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NDDC Explores Growth Opportunities with International Seabed Authority 

NDDC Explores Growth Opportunities with International Seabed Authority 

As part of efforts to collaborate with development agencies and organisations, the Niger Delta Development Commission (NDDC) has concluded plans to work with the International Seabed Authority (ISA).   The NDDC Managing Director, Dr. Samuel Ogbuku, s...
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NAVY ARREST VESSEL, HANDS OVER TO NIMASA 

NAVY ARREST VESSEL, HANDS OVER TO NIMASA 

The Nigerian Navy has handed over a Tanker vessel “MT Sea Eunice” which was arrested on August 11, 2022 to the Nigerian Maritime Administration and Safety Agency (NIMASA). The vessel is presently located along Escravos River, close to the...
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FEC Approves Electronic Cargo Tracking Scheme  

FEC Approves Electronic Cargo Tracking Scheme  

The Federal Executive Council (FEC) has approved the introduction of an Electronic Cargo Tracking Note Scheme for the country.  Briefing Journalists at the end of the Council meeting presided over by President Muhammadu Buhari on Wednesday in Abuja,&...
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Lassa Fever: 13 Children, 7 Adults On Admission In Edo

Lassa Fever: 13 Children, 7 Adults On Admission In Edo

The Edo State Commissioner for Health, Prof. Obehi Akoria, has said about 13 children and seven adults who were confirmed with Lassa fever in the state are still on admission at the Irrua Specialist Hospital (ISTH).  The Commissioner who disclosed...
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CBN Attributes Scarcity Of New Naira Notes To Hoarding  

CBN Attributes Scarcity Of New Naira Notes To Hoarding  

Hoarding of the new Naira notes is  responsible for its scarcity, the Central Bank of Nigeria (CBN) has said.  The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa L...
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Korean Envoy Harps On African Continent’s Blue Economy Potentials 

Korean Envoy Harps On African Continent’s Blue Economy Potentials 

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy.  Choi Yeong, who made the assertion during a courtesy cal...
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NIMASA DEEP BLUE TEAM RESCUES SEVEN DISTRESSED WORKERS ONBOARD VESSEL  

NIMASA DEEP BLUE TEAM RESCUES SEVEN DISTRESSED WORKERS ONBOARD VESSEL  

Seven distressed workers have been saved by the prompt response of the Nigerian Maritime Administration and Safety Agency (NIMASA) following a distress call to the Director General, Dr. Bashir Jamoh.   The call, which came in at about 11.30 pm on...
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Lassa Fever: Edo Records 115 Cases, 13 Deaths 

Lassa Fever: Edo Records 115 Cases, 13 Deaths 

Edo State has confirmed eight more cases of Lassa fever, raising the total number of confirmed cases in the state to 115.  The Edo State Commissioner for Health, Prof. Akoria Obehi, who disclosed this to journalists in Benin City, said...
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AfDB Commits $10bn To Drive  Food Security In Africa 

AfDB Commits $10bn To Drive  Food Security In Africa 

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure.  The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...
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