Nigeria’s unemployment rate jumps to 27.1%, says NBS … As Imo State has highest rate with 48.7%
Nigeria’s unemployment rate rose to cent in the second quarter of 2020, according to recent statistics released Friday by the National Bureau of Statistics. This rate represents an increase of…
Iranian forces board Liberian-flagged tanker in Persian Gulf
In the latest salvo of the ongoing disputes regarding the shipment of Iranian oil, there are reports that Iranian Naval forces approached several vessels and boarded a Liberian-flagged tanker Wila…
Nigerian Governors condemn worsening insecurity …List poverty, unemployment as root causes
Governor of Borno State, Prof Babagana Zulum State governors in Nigeria across ethnic and political party lines have condemned the worsening insecurity in the country, characterised by farmers- herders clashes,…
Anti-piracy: Nigeria makes history, convicts first pirates ever
DG NIMASA, Dr. Bashir Jamoh Nigerian government has recorded another huge milestone in its renewed zeal to rid not only the country's waters but also those within the Gulf of…
Nigeria’s seaports set to begin 24-hour operations …As NIMASA, NPA, Shippers Council mull intermodal transport
From left: Executive Secretary/CEO, Nigerian Shippers Council, Hassan Bello, Managing Director, National Inland Waterways Authority, George Moghalu, Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, Managing…
SIFAX Group honours 46 staffers
From left: Ada Ihesiaba, Billing department, Ports & Cargo Handling Services, a subsidiary of SIFAX Group; Abayomi Obadare, General Manager, Billing, Ports & Cargo Handling Services and an awardee who…
FG approves disbursement of N150bn Vessel Acquisition Fund …As NIMASA forecloses extension of Dec. deadline for Single-hull vessels
DG NIMASA, Dr. Bashir Jamoh The Federal Government has approved the disbursement of the Cabotage Vessel Financing Fund CVFF estimated at over N150billion nearly 17 years after it was created…
China, Iran sign $400bn secret oil deal
China and Iran recently signed a 25-year trade deal not surprising given that one is a major OPEC producer and the other one of the world’s largest importers of crude.…
CIoTA advocates safe transport system across modes … As President commiserates with container accident victims’ families
President of the Chartered Institute of Transport Administration of Nigeria CIoTA, Dr. Bashir Jamoh, has restated the institute’s commitment to safety of all modes of transportation in the country, especially…
Update: ShopRite may sell ‘all or a majority stake’ in Nigeria
South Africa's supermarket retailer, ShopRite, has announced it is considering a sale of "all or a majority stake" of its business in Africa's biggest economy, Nigeria, 15 years after it…
