Global real estate choked by rising interest rates, leads economic slowdown
Detailed sector PMI data compiled by S&P Global, derived from information provided by panels of over 30,000 companies in 45 countries, reveals demand falling in nine of the 26 detailed…
Post-Covid container demand boom coming to an end
Image source: Seatrade Maritime The post-Covid demand surge for container shipping appears to have run its course according to Drewry’s port throughput indices. The Drewry Global Port Throughput Index stood…
FIRS Chairman, Nami urges CITN, ICAN, others on developing Nigeria’s tax practice
From left: Registrar, ICAN, Prof Ahmed Kumshe; CEO, ANAN, Dr Kayode Fashua; President, ANAN, Prof Benjamin Osisioma; Executive Chairman, FIRS, Muhammad Nami; President, ICAN, Tijanni Musa Isa; President, CITN, Adesina…
UK advances Seafarer Minimum Wage Bill as unions, ports object
The United Kingdom Government is moving forward with its new legislation that would require segments of the shipping industry to pay seafarers at levels at least equivalent to the UK…
Spanish Police find Cocaine in hull aboard CMA CGM boxship
Spanish find cocaine smuggled aboard and in hull of containershipSpanish authorities found 715kg of cocaine smuggled aboard a CMA CGM containership (Port of Algeciras file photo) Spanish authorities are working…
World hunger rising as U.N. agencies warn of “looming catastrophe”
World hunger levels rose again last year after soaring in 2020 due to the COVID-19 pandemic, with the Ukraine war and climate change threatening starvation and mass migration on an…
Oil could hit $380 if Russia slashes output over price cap-J.P.Morgan
Brent prices could soar to a “stratospheric” $380 per barrel in “the most extreme scenario” of Russia slashing oil production by 5 million barrels per day (bpd) in retaliation to…
FIRS extends deadline for companies filing income tax returns
The Federal Inland Revenue Service FIRS has extended the deadline for companies’ filing of income tax returns for the 2022 Year of Assessment, which expired on June 30, 2022. The…
NPA set to boost activities at Calabar Port
MD NPA, Mohammed Bello-Koko In line with its resolve to boost patronage of ports in the eastern part of the country, the Nigerian Ports Authority NPA, has said it is…
Again, OPEC oil output misses June target as outages weigh – survey
The Organisation of the Petroleum Exporting Countries OPEC in June could not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed,…
