The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from…
Author: Ships & Ports
Indebtedness: Court to hear Stella Oduah’s applications May 30
The Federal High Court in Lagos, will hear on May 30 all pending applications in a debt recovery suit filed…
AMCON injects N1.5bn into Arik Air
The Asset Management Company of Nigeria (AMCON) has injected N1.5bn in Arik Airline Ltd to safeguard…
FG determined to stop PMS importation by 2019 – NNPC
The Federal Government has reiterated its determination to stop the importation of Premium Motor Spirit (PMS)…
Drewry: Growing inbound trade drives China’s port congestion
Chinese ports are encountering major congestion brought on by bad weather, the restructuring of alliance networks, ever…
COSCO SHIPPING Holdings posts $39m profit in Q1
COSCO SHIPPING Holdings Co., Ltd. had a net profit attributable to equity holders of 270 million…
Egypt to receive first Iraqi crude shipment on May 12
Egypt will start receiving the first Iraqi crude oil shipments of two million barrels on May…
World Bank blames Nigeria’s forex crisis on fixed exchange regime
The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in…
Top quotes of the day
“Fear belongs only to those who have abused trust while in office. Anybody who feels aggrieved…
Osinbajo carpets Lai Mohammed on jollof rice
Vice President Yemi Osinbajo on Monday described Nigerian-cooked jollof rice as “the best in the world”.…