India to construct LNG import terminal

India to construct LNG import terminal

India has taken a step toward increasing seaborne imports of liquefied natural gas (LNG) as the country held a ground breaking ceremony for the construction of an LNG terminal in Bhadrak. Officials informed that cargoes carried from the US, Canada...
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Porsche under investigation over alleged fraud

Porsche under investigation over alleged fraud

The Stuttgart prosecutor’s office said on Monday employees at German sports car maker Porsche AG and its U.S. subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.   The probe is the latest twist in...
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Cosco to aquire OOIL for $6.3b, hits 400 vessels

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...
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Police assures NSC of support in monitoring, compliance at Seaports

Police assures NSC of support in monitoring, compliance at Seaports

The Nigerian Police Force, Marine Police Command has assured the Nigerian Shippers’ Council (NSC) of support in carrying out some of its statutory obligations at the nation’s ports.  The Assistant Inspector General of Police, AIG Pius Imue made the promis...
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CBN targets single digit inflation

CBN targets single digit inflation

Nigeria “will get back” to single digit inflation, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has declared.    In an interview with Arise Television, Emefiele explained that with the improvement seen in growth from the negative 1.7...
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Police to personnel: Stop interception of already cleared cargoes

Police to personnel: Stop interception of already cleared cargoes

The Marine Command of Nigerian Police Force, has assured Nigerian Shippers’ Council (NSC) of support in carrying out some of its statutory obligations at the nation’s ports.  The Assistant Inspector General of Police, AIG Pius Imue made the promise during...
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Abu Dhabi opens new seaport

Abu Dhabi opens new seaport

Port developer and operator Abu Dhabi Ports officially inaugurated the new Delma Port, set to play an active role in promoting economic and social growth in the Al Dhafra region. Located on the eastern side of Delma Island, the new port...
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Audi manager comes under scrutiny over VW emission  scandal

Audi manager comes under scrutiny over VW emission scandal

(BBC)-German authorities have arrested an Audi manager in connection with the Volkswagen diesel scandal. This is the first arrest in Germany related to Volkswagen’s emissions-test cheating scandal. Munich prosecutors declined to comment on whether the ar...
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NLNG Photo News

NLNG Photo News

Front:  (left to right): GM, External Relations, NLNG, Kudo Eresia-Eke; incoming MD, NAVGAS, Marlin Figueira; MD, NLNG, Tony Attah; outgoing MD, NAVGAS Ian Brown; Deputy MD, NLNG, Sadeeq Mai-Bornu and HSE Manager, NAVGAS Bart Claassen Back (left to right): G...
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Committee declares N2.18bn allocation for LGs in Edo

Committee declares N2.18bn allocation for LGs in Edo

The Edo Joint Account and Allocation Committee (JAAC) has declared N2.18 billion as total allocation accrued to the 18 local governments in the state from the Federation Account for the month of June.  Mr Anthony Eboigbodin, the Head of Uhunmwode...
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Mitsubishi Pajero Sport debuts in Nigeria

Mitsubishi Pajero Sport debuts in Nigeria

The all new Mitsubishi Pajero Sport has formerly settled in Nigeria courtesy Massilia Motors, sole distributor of Mitsubishi vehicles in Nigeria.     Massilia Motors, a joint venture of CFAO and Kewalram Chanrai Group boast of seasoned personnel and strong ...
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Obaseki to new commissioners: No room for Corruption

Obaseki to new commissioners: No room for Corruption

Edo State Governor, Godwin Obaseki, on Thursday told 18 new commissioners that there was no room for corruption in his administration.   He urged the new commissioners to come up with innovative solutions to developing all sectors of the state.  ...
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NLNG inspects LPG facilities in Lagos, restates commitment to cleaner environment

NLNG inspects LPG facilities in Lagos, restates commitment to cleaner environment

Nigeria LNG’s commitment to the sustained supply of cooking gas, Liquefied Petroleum Gas, into the local market is premised on the need to ensure the use of cleaner energy for the health benefit of Nigerians and cleaner environment in line...
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Massilia Motors Photo News

Massilia Motors Photo News

L-R: General Manager, Sales and Marketing; Navin Chander,   Deputy Managing Director, Kunle Jaiyesimi; GM, Aftersales, Dominique Beguin; and Sunil Mohta, GM, Finance, at the launch of the New Mitsubishi Pajero Sport by Massilia Motors Ltd in Lagos on Thursda...
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