NDDC clears air on N2tn debt owed contractors
The Niger Delta Development Commission (NDDC) has clarified N2tn debts, owed vendors and contractors on projects executed in the region.
The NDDC Director of Corporate...
Lagos records zero marine accidents six months after launching new boats
The Lagos State Governor, Babajide Sanwo-Olu has said the state has not recorded any accidents along its waterways since it relaunched the initiative to...
Amaechi commissions two tug boats to enhance ease of seaport business
The Honorable Minster of Transportation, Rt. Hon.Rotimi Chibuike Amaechi has commissioned two tug boats; MT Musawa and MT Ikoro-Ekiti in line with Government's desire...
Federation allocation drops to N547bn — lowest in 2020
The federation accounts allocation committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for May.
This is the lowest federal allocation...
Naira falls to N452/$ as pressure mounts on CBN to unify exchange rate
There has been growing pressure for the CBN to unify the exchange rate markets.
Traders reacted to news that the government is mulling unifying the...
FG to deploy scanners at seaports before end of 2020
In a bid to enhance the check on the importation of fake and substandard products into the country in line with established protocols, plans...
Job losses loom as Buhari begins to cut down government agencies and parastatals
President Muhammadu Buhari had been under pressure since he assumed office in 2015 to implement Oronsaye’s report.
The Federal Government has begun the process of...
Groups lock horns over ownership of NIMASA floating dry dock
Editor
A non-governmental organization, the Maritime Industry Advocacy Initiative and two other groups, Pan-Niger Delta Forum and the United Niger Delta Energy Development Security Strategy...
19 vessels arrive Nigeria with PMS, food
A total of 19 vessels have berthed at the Lagos Port Complex with Petrol, Bulk Wheat, Bulk Salt and other items according to the...
APMT to importers; pick your containers or forfeit them
Editor
Operators of Nigeria’s largest container terminal, AP Moeller, have asked owners of 15 overtime containers to pick them from the terminal or lose them...
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All set for Black History Month
The second edition of the Black History Festival, an annual celebration in the United States, honouring important people and events in the history...
Elon musk locks Twitter staff out of work accounts as mass sackings begin
New owner Elon Musk is expected to reduce the Twitter's workforce of 8,000 by as much as half.
An internal email said the cuts were...
Outrage as AY cancels US show because of costumes
Nigerians and fans in the United States of America are angry at the promoters of the AY Show for the show's cancellation after tickets...