Yemen’s Houthis threaten to attack warships, oil tankers if ports stay closed
Yemen’s armed Houthi movement said on Sunday it could attack warships and oil tankers from enemy countries in retaliation against the closure of Yemeni ports by a Saudi-led military coalition…
Senate may expand AMCON’s powers, functions …As corporation solicits strong legal framework
From left: Executive Directors, Asset Management Corporation of Nigeria AMCON, Mr. Kola Ayeye, Dr. Eberechukwu Uneze, Managing Director/Chief Executive Officer, Mr. Ahmed Kuru, Chairman Senate Committee on Banking, Insurance and…
FG woos investors for Truck Transit Parks, insists Nigeria has no infrastructural problems
Vice President, Prof Yemi Osinbajo The Federal Government has urged both local and foreign investors to take full advantage of investing in the Truck Transit Parks TTPs project as part…
ISPS: Port security officers seek synergy to enhance ease of doing business
Security operatives in Nigeria’s maritime industry under the aegis of Port Facility Security Officers Forum of Nigeria PFSOFON, have called for synergy among the providers of security and allied services…
Tanker investments plunge further into red
Challenging market conditions plagued by the oversupply of vessels have pushed tanker owner and operator Tanker Investments Ltd (TIL) further into the red in the third quarter of the year.…
Buhari presents N8.612tr 2018 budget estimates to National Assembly …Benchmarks crude oil sale at $45pb
President Muhammadu Buhari President Muhammadu Buhari Tuesday in Abuja, presented the Federal Government’s budget proposal of trillion to a joint session of the National Assembly comprising the Senate and House…
Tin Can Customs nets N237.3bn in 10 months amid declining cargo volumes
CAC Tin Can Island Command, Comptroller Bashar Yusuf The Tin Can Island, Apapa Lagos command of the Nigeria Customs Service has collected a total of billion for the 10 months…
Anguish, condemnation trail death of 26 Nigerian women migrants
An over-loaded migrant boat Shock, anguish and condemnations have continued to trail the death of 26 Nigerian women, mostly between the ages of 14-18 years, as many have said it…
Gridlock: Maritime stakeholders fault World Bank report on Ease of Doing Business in Nigeria
Gridlock on one of the port access roads in Apapa, Lagos Maritime stakeholders have expressed serious indifference to the recent report of the World Bank on the Ease of Doing…
Anti-smuggling: We’ll not sacrifice national economy, security on trade facilitation altar-FOU
The Federal Operations Unit Zone A, Lagos of the Nigeria Customs Service has warned that it would jettison its primary responsibility of fighting smuggling and other related economic sabotage in…
