CBN devalues naira to 307/dollar for first time
CBN Governor, Mr. Godwin Emefiele The Central Bank of Nigeria on Monday effected a marginal devaluation of the naira, with the dollar selling at 307 on the official interbank market…
Strategic Alliance: Total to Supply LNG for CMA CGM’s New Boxship Giants
French carrier CMA CGM has signed an agreement with oil and gas major Total for the supply of liquefied natural gas (LNG) to fuel the company’s recently ordered 22,000 TEU…
Why FG suspended DG SEC, two other directors
Minister of Finance, Mrs. Kemi Adeosun Strong indications emerged that the decision of the Federal Government to suspend the Director General of the Securities and Exchange Commission SEC, apex regulator…
Maritime stakeholders oppose ceding 1% of NIMASA’s revenue to Navy
President Muhammadu Buhari Operators in Nigeria’s maritime industry have strongly opposed moves by the Nigerian Navy seeking an amendment to the Nigerian Maritime Administration and Safety NIMASA Act 17 of…
Maritime security: NIMASA canvasses sectoral reforms, capacity building in Gulf of Guinea
DG NIMASA, Dr. Dakuku Peterside The Nigerian Maritime Administration and Safety Agency NIMASA has said that capacity building initiatives and sectoral reforms are crucial elements that can address maritime security…
Training of first female RTG operators excites NPA
From left: One of the female RTG crane operators, Taiwo Oni, Managing Director Nigerian Ports Authority, Hadiza Bala Usman and Managing Director of Tin Can Island Container Terminal, Etienne Rocher…
SIFAX Group wins Lagos’ Ebute-Ojo ferry terminal concession
Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi SIFAX Group, a multinational corporation with diverse interests in maritime, aviation, haulage and logistics, oil and gas and hospitality, has been given…
Dangote’s $300m Congo Cement Plant to provide over 1,000 direct jobs
Chairman/CEO of the Dangote Group, Alhaji Aliko Dangote The Dangote Group, a diversified indigenous corporation Thursday commissioned its newest cement plant in Mfila, Congo, which is expected to provide in…
Shippers Council holds stakeholders’ appreciation night, canvasses synergy
Executive Secretary/CEO, Nigerian Shippers Council, Mr. Hassan Bello The Nigerian Shippers Council, the apex economic regulator for the nation’s seaports in Lagos Thursday, held the send edition of its annual…
Senate forecloses December passage of 2018 budget …Blames CBN, NNPC, Customs for delay
Senate President, Dr. Bukola Saraki The Senate, Nigeria’s upper legislative chamber has said that the projected passage of the 2018 Appropriation Bill before the end of December this year might…
