No Vessel Caught Fire At Ports & Cargo Handling Services

No Vessel Caught Fire At Ports & Cargo Handling Services

Management of Ports & Cargo Handling Services Ltd., at Tin Can Island Port, on Friday, said that no vessel caught fire at its terminal. Group Head, Corporate Communications, SIFAX Group, Mr Olumuyiwa Akande, said: “Our attention has been drawn to...
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NNPCL Pays N123b Interim Dividend To FAAC

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...
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NGX Reclassifies Fidelity Bank As Medium Price Stock

NGX Reclassifies Fidelity Bank As Medium Price Stock

Nigerian Exchange Limited (NGX) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock.  NGX in a statement explained that Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) notes that...
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FIRS Rakes In N5.5Trillion In Six Months

FIRS Rakes In N5.5Trillion In Six Months

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023.   A statement issued by Johannes Oluwatobi Wojuola, Special Assistant to the Executive Chai...
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Shippers’ Council Visits Apapa LG, Seeks Collaboration

Shippers’ Council Visits Apapa LG, Seeks Collaboration

The management of Nigerian Shippers Council (NSC) has paid a courtesy visit to the Chairman of the Apapa Local Government, Idowu Adejumoke Senbanjo, to explore enhanced collaboration on smooth access to Apapa Ports roads. Speaking during the courtesy visit, th...
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India Bans Rice Exports

India Bans Rice Exports

India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. BBC report that heavy rains have hurt crops in the country and rice prices have risen by more than 11% over...
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Eleven Jostle For $100,000 Nigeria Prize For Literature

Eleven Jostle For $100,000 Nigeria Prize For Literature

The Advisory Board for The Nigeria Prize for Literature on Thursday announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama.The literature prize is sponsored...
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Shell Partners Firm On Maritime Decarbonisation

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...
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Fuel Subsidy: Diri Rolls Out 106 Vehicles In Bayelsa

Fuel Subsidy: Diri Rolls Out 106 Vehicles In Bayelsa

Governor of Bayelsa State, Senator Douye Diri, has unveiled a new transport scheme in a bid to alleviate the suffering of commuters in the state occasioned by the federal government’s removal of fuel subsidy.  Governor Diri, who inaugurated 100 cabs...
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Photo News

Photo News

Mr. Felix Mahan, Brand Manager, Renault, Coscharis Motors (Left) and Mrs. Emmanuelle Blatmann, French Ambassador to Nigeria, during the celebration of French National Day, supported by Coscharis-Renault, in Lagos
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Ecobank Nigeria To Appeal Honeywell’s N72b Court Judgement

Ecobank Nigeria To Appeal Honeywell’s N72b Court Judgement

Ecobank Nigeria Limited is to appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum...
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Senate Probes NDDC’s N6.5b Shore-Line Contract

Senate Probes NDDC’s N6.5b Shore-Line Contract

The Senate is to investigate the N6.5 billion shoreline protection contract awarded by the Niger Delta Development Commission (NDDC) in Ondo State in 2006. The Senate resolution was on the heels of a motion adopted by the Senator representing Ondo...
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Benin Port: Obaseki Parleys Host Communities

Benin Port: Obaseki Parleys Host Communities

The Edo State Governor, Mr. Godwin Obaseki, on Tuesday, parleyed host communities of the Benin Port Project, noting that the project on completion will boost economic activities in the State and create over 30,000 jobs. The governor at the town...
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US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

US COAST GUARD UNDERTAKES PEER REVIEW OF NIGERIAN MARITIME DOMAIN

The United States Coast Guard says it is committed to Nigeria’s quest to implement the International Ships and Ports Security (ISPS) Facility Code in line with acceptable global best practices.  Lt. Cdr. Jonna L. Clouse who is leading a team...
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