Customs FOU intercepts N200m Contraband, recovers N28.9m duty payment

Customs FOU intercepts N200m Contraband, recovers N28.9m duty payment

The Federal Operation Unit (FOU) of the Nigeria Custom Service, Zone ‘A’ Ikeja, has intercepted not less than 40 seizures valued at N200.9million, between June 13 and July 10, 2017.    Among items seized were Tramadol (225/120mg), vegetable oil, frozen poultry products,...
read more
BMW Group delivers 1.2m vehicles in six months

BMW Group delivers 1.2m vehicles in six months

BMW Group sales achieved their best ever June, with sales in the month totalling 232,620, a 2.1% increase year-on-year.    It was also a record first half-year with sales of the BMW Group’s three premium brands, BMW, MINI and Rolls-Royce,...
read more
REDTV gets multiple 2017 NEA awards nomination

REDTV gets multiple 2017 NEA awards nomination

The pan-African online network REDTV has received nominations in several categories in the prestigious Nigerian Entertainment Awards (NEA). The lifestyle entertainment network is powered by the United Bank for Africa. In its second year of operation, REDTV has...
read more
Obaseki inaugurates committee on Primary Health Care

Obaseki inaugurates committee on Primary Health Care

Edo State Governor, Godwin Obaseki on Wednesday, inaugurated a committee on Primary Health Care (PHC) remodelling, tasking its members to facilitate the proper functioning of PHCs in the state.  Inaugurating the committee, Obaseki noted that the current stat...
read more
Shell aquires Turritella FPSO

Shell aquires Turritella FPSO

Shell Offshore has revealed that its affiliate, Shell E and P Offshore Services, will exercise a contractual right to buy the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The 159,100 dwt vessel is contracted for the....
read more
NSE lifts suspension on Sovereign Trust Insurance

NSE lifts suspension on Sovereign Trust Insurance

The Nigerian Stock Exchange (NSE) has lifted suspension placed on the share of  Sovereign Trust Insurance Plc following the submission of the 2016 audited and 2017 first quarter result of the  company.  A statement signed by Godstime Iwenekhai, Acting Head,...
read more
Workers shutdown Seaports over proposed law

Workers shutdown Seaports over proposed law

Maritime Workers Union of Nigeria (MWUN) and the maritime branch of the Senior Staff Association of Communication, Transportation and Corporation (SSACTAC) on Tuesday shut down Seaports across the country to protest  against  which seeks to privatise some as...
read more
NSC Photo News

NSC Photo News

L-R: Executive Secretary/CEO Nigeria Shippers Council (NSC), Hassan Bello and Minister of Transport, Rotimi Amaechi at a workshop on establishment, management and operation of Truck Transit Park (TTP) in Abuja on Tuesday.
read more
Critical role of Admiralty law to maritime sector’s growth, by Dakuku

Critical role of Admiralty law to maritime sector’s growth, by Dakuku

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that there can be no maritime sector without admiralty law and that every aspect of shipping is governed by one law or the...
read more
IMO Okays life safety performance criteria guidelines

IMO Okays life safety performance criteria guidelines

The International Maritime Organization’s (IMO) Maritime Safety Committee has approved the Guidelines for the Selection of Life Safety Performance Criteria for use in Alternative Design and Arrangements for Fire Safety (SOLAS Regulation II-2/17). As explaine...
read more
Capacity building takes centre stage as Boss Mustapha mark one year at NIWA

Capacity building takes centre stage as Boss Mustapha mark one year at NIWA

 Today, July 11th   2017 make it exactly one year since Boss Mustapha assumed duty as the Managing Director/Chief Executive Officer of National Inland Waterways Authority (NIWA).    According to NIWA, within that Bench Mark, so much has happened under Mus...
read more
FirstBank appoints Abdullahi Ibrahim as Executive Director

FirstBank appoints Abdullahi Ibrahim as Executive Director

First Bank of Nigeria Limited, on Monday announced the appointment of Mr. Abdullahi Ibrahim as an Executive Director. Prior to this appointment, Abdullahi was the Bank’s Group Executive, Retail Banking North.    Mr. Ibrahim’s appointment is in sync with ...
read more
FG unveils agenda to boost  creative industry

FG unveils agenda to boost creative industry

The Federal Government on Monday announced a tripartite partnership with the CNN and the UN World Tourism Organization (UNWTO) to boost the Creative Industry in Nigeria, using the film industry as a pivot. The Minister of Information and Culture, Alhaji Lai ...
read more
Etisalat pulls out of Nigeria

Etisalat pulls out of Nigeria

Abu Dhabi’s Etisalat has terminated its management agreement with its Nigerian arm and given the business time to phase out the brand in Nigeria, the chief executive of Etisalat International told Reuters on Monday. Nigerian regulators intervened last week t...
read more