UN adopts global convention on the sale of ships by courts
The United Nations General Assembly adopted the United Nations Convention on the International Effects of Judicial Sales of Ships on December 7, 2022. The General Assembly authorised a signing ceremony…
NRC unbundling: We’re consulting with stakeholders, says workers’ union
Nigerian Railway Corporation Workers’ Union has said it is still consulting with relevant stakeholders over the proposed unbundling of the corporation, about two months after the Federal Government hinted of…
FG shortlists five banks to disburse N261bn Vessel Fund
The Federal Government has shortlisted a total of five commercial banks operating in the country to act as Primary Lending Institutions PLIs, for the disbursement of the N261billion comprising N16billion…
Nigeria’s economy saves over $100m annually from port concession, says Haastrup
President, Seaport Terminal Operators Association of Nigeria STOAN, Princess Vicky Haastrup The Seaport Terminal Operators Association of Nigeria STOAN, umbrella body for all private concessionaires operating in the country’s seaports…
FG committed to developing diligent workforce to grow Nigeria’s economy-Keyamo…As NIMASA takes lead…Nigerian youths are ready, says Abati
From right: Presenter of the book, Chief Paul John Odomoh, ED, Maritime Labour and Cabotage Services NIMASA, Engr. Victor Ochei, representative of the Minister of state for Labour and Employment,…
NCC: How Airtel emerged sole bidder of 3.5GHz spectrum auction
The Nigerian Communications Commission NCC has given a vivid description of how Airtel Networks Limited (Airtel) emerged the sole bidder in the just spectrum auction According to a statement by…
Port of Abidjan inaugurates 2.5m TEUs container terminal
Port of Abidjan in Côte d’Ivoire has now a second box terminal which will increase the total container handling capacity of the port from one million Twenty Equivalent Units TEUs…
NIMASA wins CITN’s corporate citizen tax award
From right: Director General, Nigerian Maritime Administration and Safety Agency NIMASA, Dr Bashir Jamoh receives the 'Outstanding Service to Taxation Profession' award conferred on him by the Chartered Institute of…
Price of ship fuel falling even as Russia-Ukraine war rages on
When Russia invaded Ukraine, the price of ship fuel spiked to unprecedented highs. Prices are still high in historical terms, but they’ve now fallen back to pre-war levels. Ship fuel…
Russia assembles over 100 oil tanker- ‘shadow fleet’ as Putin tries to bust western sanctions- Report
Russia has assembled a “shadow fleet” of more than 100 oil tankers in a bid to bust western sanctions imposed following Russian President Vladimir Putin’s invasion of Ukraine, the Financial…