CJN, Appeal Court President propose ADR for AMCON’s N5.4tr debt recovery
From left: Managing Director/CEO, Asset Management Corporation of Nigeria AMCON, Mr. Ahmed Kuru President, Court of Appeal, Justice Zainab Bulkachuwa and the Chief Justice of Nigeria, Justice Walter Onnoghen at…
Apapa gridlock: Group proposes $1,000 fine on Maerskline, others over empty containers
BY FRANCIS EZEM Worried by the worsening gridlocks on seaport access and adjoining roads and street, the Shippers’ Association Lagos State has proposed stringent punitive measures including a $1,000 fine…
Nigeria may remain world’s poverty capital, Emir Sanusi warns
Emir of Kano, Sanusi Lamido Sanusi II BY FRANCIS EZEM THE Emir of Kano and former Governor of the Central Bank of Nigeria CBN, Sanusi Lamido Sanusi II, has warned that…
Customs committed to strict policy implementation, says TCIP Command
FRANCIS EZEM The Tin Can Island Command of the Nigeria Customs Service has said that it is more than ever before committed to strict implementation of Federal Government’s fiscal policies,…
Egina FPSO: Samsung misrepresented facts, defrauded Nigeria, says LADOL
Managing Director/CEO, LADOL Group, Dr Ami Jadesimi, BY FRANCIS EZEM The Lagos Deep Offshore Logistics LADOL, Base, which incorporates the LADOL Free Zone has taken a swipe at the management…
FG’s Silence on Economic Recession Alert by CBN Worrisome, Say Shippers …Predicts Acute Food Shortage Next Year
Rev. Jonathan Nicol, President, Shippers' Association Lagos State BY FRANCIS EZEM Importers and exporters under the aegis of Shippers’ Association Lagos State have expressed a deep concern over Federal Government’s…
Oil price hits $84 per barrel, as Nigeria experiences glut
Brent crude, the international oil benchmark on Monday extended its gains, rising to all time high of $84 per barrel, which remains the highest since November 2014. Recall that…
Congestion looms as Nigeria’s seaports remain shut over labour strike
BY FRANCIS EZEM Massive cargo congestion may be imminent at most of Nigeria’s seaports following the decision of the three major organised labour unions to embark on a one-week warning…
Again, Nigeria’s economy may slip into recession, CBN warns
CBN Governor, Mr. Godwin Emefiele BY FRANCIS EZEM The Central Bank of Nigeria CBN, Tuesday warned that the country’s marginal exit from recession may be under a serious threat, given…
Over nine African countries attend IMO-NIMASA training workshop on ISM Code …As AAMA re-elects Peterside for second term
IMO Scribe Ki-Tack Lim BY FRANCIS EZEM No fewer than 10 African Countries are attending the five-day workshop training being organised in Lagos by the International Maritime Organisation IMO in…
