N249bn debt: AMCON denies out-of-court settlement with Pan Ocean Group
Ahmed Kuru, MD/CEO AMCON Assets Management Corporation of Nigeria AMCON has denied any out-of-court settlement with the Pan Ocean Group, oil and gas company over its N240billion debt to the…
WTO Panel tips Africa’s Okonjo-Iweala as DG despite America’s objection …Sets Nov 9 for official announcement
Dr. Ngozi Okonjo-Iweala A panel at the World Trade Organisation WTO today recommended Africa’s representative and Nigeria’s former Minister of Finance, Dr. Ngozi Okonjo-Iweala as the new Director General of…
Shippers Council mulls demurrage waivers over ENDSARS protests disruptions
Executive Secretary/CEO, Nigerian Shippers Council, Hassan Bello. The Nigerian Shippers Council, the country’s Port Economic Regulator is currently holding talks with multinational shipping firms operating in Nigeria with a view…
FG backs SIFAX Group on new container terminal
From right: Executive Director, SIFAX Off Dock, Capt. Ibraheem Olugbade, explaining the terminal layout to the Director, Maritime Services, Federal Ministry of Transportat, Auwal Suleiman during the Ministry of Transportat’s…
Buhari says acceding to endSARS protesters’ demands misinterpreted …Asks global community to verify claims before conclusions
President Muhammadu Buhari Nigerian leader, President Muhammadu Buhari has said that the decision of the Federal Government to promptly accede to the five-point demands of the #endSARS protesters, most prominent…
#ENDSARS protests take toll on Nigeria’s seaport economy, group laments …Says burning NPA building disastrous
A seaport terminal in Lagos (file) Maritime stakeholders under the aegis of National Council of Managing Directors of Licensed Customs Agents NCMDLCA, have lamented that the 14 days of economic…
Fire guts NPA Marina, Lagos headquarters
There are reports that the Marina, Lagos headquarters of the Nigerian Ports Authority NPA is currently on fire, in what security experts described as part of the backlash of the…
IMO re-elects MD NPA vice chair, FAL Committee
MD NPA, Hadiza Bala Usman The International Maritime Organisation IMO has re-elected the Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman as the vice-chair of its Facilitation FAL…
Belgium set to partner Nigeria on port development, efficiency …As MD NPA hosts country’s Ambassador
From left: General Manager, Corporate & Strategic Communications, NPA, Adams Jatto, Honorary Consul, Embassy of the Kingdom of Belgium, Laurent Backx, MD NPA, Hadiza Bala Usman, Ambassador Daniel Bertrand and…
CBN’s axe dangles on shipping lines over new export policy …As Shippers Council pledges synergy with stakeholders
Governor, Central Bank of Nigeria, Godwin Emefiele The Central Bank of Nigeria CBN has warned that it will come heavily on shipping companies, importers and exporters (shippers) who fail to…
