Ships & Ports

Patrick akpobolokemi, ex-DG NIMASA

How Akpobolokemi, ex-army general diverted N1.8bn NIMASA funds – Witness

A banker, Teslim Ajuwon, on Tuesday narrated to a Federal High Court in Lagos how a former Director-General of the Nigerian Maritime Administration and Safety Agency,...

CBD

‘Nigeria’s GDP to hit $1.45 trillion by 2030 on reduced corruption, effective policies’

Despite the prevailing economic challenges which the country is undergoing, latest report by PricewaterhouseCoopers (PwC) on the nation’s future has projected that...

nimasa

N3.4b theft at NIMASA: EFCC leads more evidence in Akpobolokemi’s trial

An Economic and Financial Crimes Commission (EFCC) witness, Mr Kanu Idagu, on Monday told a Federal High Court in Lagos how some committees were set up at...

Aliko Dangote

Crude oil will not go back to $80 per barrel-Dangote

  President of the Dangote Group, Alhaji Aliko Dangote, has said he supports a low crude oil price regime, stating that if the price of the commodity improves,...

Container port

28 ships laden with petroleum products, food items, to arrive Lagos

Twenty eight ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Oct. 17 to Nov. 5, 2016...

EFCC Akpobolokemi

EFCC details how NIMASA’s ex-DG spent N2.6bn on bullet-proof car, rent

The Economic and Financial Crimes Commission on Friday brought before a Federal High Court in Lagos the receipt of a bulletproof car allegedly bought by a former...

standards-organisation-of-nigeria-son

Do not buy manufactured products without SON certification – official

The State Coordinator, Standards Organisation of Nigeria (SON) in Jos; Plateau State, Mr Musa George, has advised the general public to stop purchasing manufactured...

Nigeria’s crude oil production increases by 280,700 bpd

  Nigeria’s crude oil production has increased by 280, 700 barrels per day (bpd) from the 1.104 million bpd recorded in August to 1.385 million bpd in September....

Minister of Justice, Mr. Abubakar Malami

$1.1bn Malabu oil deal complex, AGF tells Reps

  The Federal Government on Thursday said it had no conclusive position on the controversial $1.1bn award of Oil Prospecting Licence 245, better known as ‘Malabu...

MAN protests excise duty hike on local wines, spirits

60 percent forex allocation to manufacturers, a hoax – MAN

Manufacturers Association of Nigeria, MAN,on Wednesday disclosed that Central Bank of Nigeria’s approval of 60 percent foreign exchange allocation to manufacturers to...

NLNG MD,Tony Attah

NLNG assets worth $13bn, says MD

The Managing Director, Nigeria LNG Limited, Mr. Tony Attah, has said the company’s assets are now worth over $13bn. According to a statement by the company on...

nigeria customs

War on smuggling: Customs invades Lagos markets for smuggled rice

Men  of the Nigeria Customs Service have stormed some markets in Lagos in search of smuggled rice leading to the seizure of about six trailer load of rice from shops...