Update: ShopRite may sell ‘all or a majority stake’ in Nigeria
South Africa's supermarket retailer, ShopRite, has announced it is considering a sale of "all or a majority stake" of its business in Africa's biggest economy, Nigeria, 15 years after it…
IMO Greenhouse Gas Study: Shipping emissions are projected to increase by 50% until 2050, relative to 2018
The greenhouse gas emissions of shipping have increased from 977 million tonnes in 2012 to 1,076 million tonnes in 2018 ( cent increase). The carbon intensity of shipping has improved…
AMCON urges Management Partners on N5tr debt recovery
The Asset Management Corporation of Nigeria AMCON has charged its Asset Management Partners AMP to deploy processes of receivership and winding-up as provided for AMCON Act 2019 (as amended) in…
NIMASA closes ranks with stevedore firms to protect workers’ right …Insists on strict enforcement of 2014 Stevedoring Regulations
From left: Executive Director, Maritime Labour & Cabotage Services, Nigerian Maritime Administration and Safety Agency NIMASA Rt. Hon Victor Ochei; President, National Association of Stevedoring Companies NASC, Bolaji Sunmola; Director…
Eid- el Kabir: ANLCA President felicitates with Muslims …Says every citizen has role in achieving Nigeria’s projected $250bn GDP
National President ANLCA, Hon. Iju Tony Nwabunike National President of the Association of Nigerian Licensed Customs Agents ANLCA, Iju Tony Nwabunike has felicitated with Muslims in Nigeria’s maritime community, especially…
Latest seafarers’ happiness index report reveals seafarer welfare crisis at tipping point
The latest Seafarers Happiness Index, published today by The Mission to Seafarers, has revealed the ongoing impact of COVID-19 on the welfare of international seafarers and their families. The report…
End game for oil? OPEC prepares for an age of dwindling demand
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much…
AfDB probe: Buhari says Adesina’s clearance by Independent Panel, victory for Nigeria
President, African Development Bank AfDB, Dr. Akinwumi Adesina President Muhammadu Buhari has congratulated President of the African Development Bank AfDB, Dr. Akinwunmi Adesina, over his clearance of all allegations against…
How COVID-19 stalls Apapa Port rail project-Minister
Minister of Transport, Rotimi Amaechi Nigeria’s Minister of Transport, Rotimi Amaechi Monday in Abuja raised doubts over the timeframe for the completion of Apapa Port rail project due to the…
Naval Dome: Cyberattacks on OT systems on the rise
The maritime industry’s operational technology (OT) systems are vulnerable to a rising number of cyberattacks, with incidents expected to reach record volumes by the year's end. Attacks on maritime stakeholders…
