Reps Suspend $700m Cabotage Fund Disbursement

Reps Suspend $700m Cabotage Fund Disbursement

The House of Representatives has advised the federal government to suspend the planned disbursement of the $700 million in the Cabotage Vessel Finance Fund to Nigerian shippers. The House, in a motion moved by Henry Nwawuba (APGA, Imo) on Tuesday...
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NPA Mourns Margaret Orakwusi

NPA Mourns Margaret Orakwusi

The Nigerian Ports Authority (NPA) has condoled the entire Orakwusi family on the demise of their daughter, Margaret.  In a statement, Managing Director of NPA, Mohammed Bello Koko said: ’Throughout her distinguished career, Mrs Orakwusi made significan...
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NLC Demands 65 Years Retirement Age

NLC Demands 65 Years Retirement Age

Nigeria Labour Congress (NLC) has called for a review of civil servants’ retirement age and years of service in the entire public service to 65. NLC President, Jeo Ajaero, made the call during the 2023 Workers’ Day celebrations on Monday...
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Dangote Implores African Countries On Trade Barriers

Dangote Implores African Countries On Trade Barriers

President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private sector player ...
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NIMASA DG Pays Condolence Visit To Orakwusi’s Family

NIMASA DG Pays Condolence Visit To Orakwusi’s Family

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh OFR, paid a condolence visit to the home of Late Barr. (Mrs.) Margaret Orakwusi, in Ikoyi, Lagos on Monday.  Orakwusi died on April 28th, 2023, a...
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The Journey To Sustainable Aviation

The Journey To Sustainable Aviation

By Tom Fadden — The aviation sector has pledged, like most, to reach Net Zero by 2050. From the International Air Transport Association (IATA) commitment to ‘Fly Net Zero’ to the declaration from the International Aviation Climate Amb...
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May Day: Atiku, Lawan, Obaseki, Others Celebrate Nigerian Workers

May Day: Atiku, Lawan, Obaseki, Others Celebrate Nigerian Workers

Ahead of May Day celebration on Monday, May 1, 2023, former Vice President and presidential candidate of the Peoples Democratic Party (PDP) in the last election, Alhaji Atiku Abubakar, the Senate President Ahmad Lawan and the Speaker of the House...
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Lagos To Establish Electric Bus Assembly Plant

Lagos To Establish Electric Bus Assembly Plant

Lagos State Government will in the near future establish an assembly plant for electric buses, the State Governor, Babajide Sanwo-Olu has said.    City Business News report that the Governor disclosed this while announcing the arrival of the first se...
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NDLEA Intercepts Illicit Drugs In Imported Car At Tincan Port

NDLEA Intercepts Illicit Drugs In Imported Car At Tincan Port

The National Drug Law Enforcement Agency (NDLEA) has seized 126 parcels of Canadian Loud, a synthetic strain of cannabis at the Tincan port in Lagos. A statement issued by Director, Media and Advocacy, Mr Femi Babafemi explained that the drugs...
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Dana Air decorates new Captains, Reiterates Safety Standards 

Dana Air decorates new Captains, Reiterates Safety Standards 

Dana Air has elevated two members of its flight crew to the rank of captain, while urging them to sustain its safety standards.Speaking during the decoration of senior first officer Jonathan Okoli and Tosin Ayeni as Captains, Dana Air’s Chief...
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Danbatta Condoles Gwadabe’s Family, BUK Registrar

Danbatta Condoles Gwadabe’s Family, BUK Registrar

The Executive Vice Chairman, the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, on Thursday, led a delegation of top officials of the Commission on condolence visits to the families of two prominent Nigerians who recently passed away. &nb...
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Obaseki Mourns Iyare Motors CEO, Abel Omoruyi

Obaseki Mourns Iyare Motors CEO, Abel Omoruyi

The Edo State Governor, Mr. Godwin Obaseki has described late business mogul and Chief Executive Officer/Chairman of Iyare Motors, Abel Omoruyi (JP), who died on Friday night as a “thoroughbred businessman and philanthropist extraordinair...
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Fidelity Bank Sets Aside N15.7b For 2022 Dividends

Fidelity Bank Sets Aside N15.7b For 2022 Dividends

For the year ended December 31, 2022, Fidelity Bank Plc has released its audited financial statement and accounts.  The report showed a double in profitability, driven by strong growths in the top-line and the structural balance of the bank’s operations...
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Obaseki Lauds Ighodalo’s Appointment As Nigerian Breweries Board Chair

Obaseki Lauds Ighodalo’s Appointment As Nigerian Breweries Board Chair

The Edo State Governor, Mr. Godwin Obaseki, has applauded the appointment of the Chairman of Sterling Bank, Dr. Asue Ighodalo as the Chairman of Nigerian Breweries Plc. In a letter, the governor said the appointment was well-deserved and “an affirm...
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