Drewry: Pressure Mounts on Carriers to Cut Costs

Drewry: Pressure Mounts on Carriers to Cut Costs

As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy Drewry said that prolonged losses in the container shipping industry are likely to lead to more container merger and acquisition activity or more industry consolidation among...
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Quadri, Toriola, others to get improved ITTF ranking

Quadri, Toriola, others to get improved ITTF ranking

 Indications emerged on Wednesday that  Africa’s best table tennis player at Rio 2016 Olympic Games, Aruna Quadri will lead his compatriots – Segun Toriola, Edem Offiong and Olufunke Oshonaike for an improved rating when the September ITTF ranking is rel...
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FG seeks cultural tiers with Sudan

FG seeks cultural tiers with Sudan

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for the strengthening of bilateral ties between Nigeria and Sudan in the areas of cultural/creative industry and digital economy in order to boost the efforts of the two countries...
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CBN approves 11 international money transfer operators

CBN approves 11 international money transfer operators

The Central bank of Nigeria (CBN) has licensed 11 new international money transfer operators (IMTOs) to do business in the country’s foreign exchange market. A statement issued by CBN  spokesperson Isaac Okorafor, explained that the licensing was in further...
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I’m in Nigeria to learn, listen, says Zuckerburg

I’m in Nigeria to learn, listen, says Zuckerburg

The founder and Chief Executive Officer of Facebook, Mark Zuckerburg  said he is in Nigeria to listen, learn and take ideas back to California on how Facebook can better support tech development and entrepreneurship across Africa.    Zuckerburg who arrived....
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Nigeria, Britain seal MoU on stolen funds

Nigeria, Britain seal MoU on stolen funds

A Memorandum of Understanding (MoU) on modalities for the repatriation of Nigeria’s stolen assets has been signed by Nigeria and British Government   The Attorney-General of the Federation, Abubakar Malami, who signed onbehalf of Nigeria explained that the ...
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Delta Speaker holds town hall meeting in Sapele today

Delta Speaker holds town hall meeting in Sapele today

The Speaker, Delta State House of Assembly, Rt. Hon Monday Igbuya will today (Wednesday), August 31 and Thursday, September 1, 2016 meet with the  people of Sapele. Igbuya will start his strings of meeting on Wednesday in Ugboren, Okuovu and Edegbrode. He ...
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Peterside restates agenda to lift NIMASA’s performance

Peterside restates agenda to lift NIMASA’s performance

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has highlighted his Management’s determination to make the Agency a world class, high performance organisation. Dr. Peterside who said this duri...
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FG to award Lagos-Ibadan railway contract

FG to award Lagos-Ibadan railway contract

The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract.  According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Har...
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Developer acquires Tribune Tower

Developer acquires Tribune Tower

By Robert Channick –    Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new...
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WestBlue adopts GTBank’s multiple channels for fees collection

WestBlue adopts GTBank’s multiple channels for fees collection

The IT Consulting and Technology firm contracted by the Government of Ghana to implement the National Single Window Platform, WestBlue Consulting, has adopted Guaranty Trust Bank’s safe, strong and robust payments and collections channels.   A statement iss...
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NSE tasks dealing clerks on professionalism, integrity

NSE tasks dealing clerks on professionalism, integrity

The Nigerian Stock Exchange (NSE) has challenged recently qualified dealing clerks to maintain internal values of Professionalism, Integrity, Transparency and Reliability.   Speaking at the induction ceremony on Monday, the Chief Executive Officer of NSE, Mr ...
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Ambode appoints Dabiri  MD of LAMATA

Ambode appoints Dabiri MD of LAMATA

The Head of Procurement, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abiodun Dabiri, has been named the substantive Managing Director of the Authority by the Lagos State Governor, Mr. Akinwunmi Ambode.  His appointment comes about one year aft...
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Peterside condemns assassination of Ken Atsuwete

Peterside condemns assassination of Ken Atsuwete

Dr. Dakuku Peterside has condemned the “barbaric and gruesome assassination” of Barrister Ken Atsuwete in Port Harcourt, the Rivers State capital. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) who was reacting to t...
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