Revive your shipping industry to gain from Blue economy, IMO tells NIMASA
The International Maritime Organisation (IMO), has called on the management of Nigeria Maritime Administration and Safety Agency (NIMASA), to face the reality of reviving Nigeria’s moribund shipping industry. Addressing participants on Thursday, at the opening of the ongoing 4th Regional…
US pledges support with newer tech as oil sector local content rise
The United States of America (USA) has pledged to support Nigeria with newer technologies in oil and gas production, as well help deepen the country’s skills in the sector. This is as the Nigerian Content Development and Monitoring Board (NCDMB),…
Osun seals 30-year BOT deal on N69bn MKO Abiola Int’l Airport
The Osun State Government on Thursday, sealed the second and final Built-Operate-Transfer (BOT) concession deal with an indigenous company, AWOL International to deliver MKO Abiola International Airport and operate it for 30 years. According to the deal, the proposed MKO…
NIMASA reveals how Customs killed West Atlantic Shipyard, Onne
Director-General of Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has traced the collapse of ship building sub-sector of the maritime industry in Nigeria to exorbitant duties charged by the Nigerian Customs Service (NCS). Giving the chilling revelation…
Share swap makes AshakaCem full subsidiary of Lafarge Africa
Rising from a recent Extraordinary General Meeting (EGM) held in Abuja, the Board of AshakaCem has approved the exchange of shares held by its minority shareholders for shares in Lafarge Africa, the majority shareholder. In line with the new arrangement,…
Senate probe of Etisalat’s $1.2bn debt may disrupt buyers’ appetite—Experts
…As Fidelity Bank takes 5% impairment charge on debt Industry analysts have picked holes in recent move by the Senate on Tuesday to begin investigation into the crisis between Etisalat (now 9mobile) and 13 Nigerians banks over a $1.2bn loan….
Why single currency won’t work now in W/Africa—LCCI
Apart from the fact that President Muhammadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries of the Economic Community of West African States (ECOWAS) to hold on further action on pushing for a single currency for the…
TECNO sets 10 year target, unveils Phantom 8 in Lagos
Leading controller of Nigeria’s smartphone market, Tecno Mobile, on Wednesday in Lagos launched its latest technological sensation, the Phantom 8 smartphone. The parent company had over the weekend unveiled the device to the world in Dubai. In his colourful presentation,…
ESUT to honour Ojobo, NCC’s Spokesman today, Thursday
All is set for the conferment of the award of Excellence on Nigerian Communications Commission (NCC), Director of Public Affairs, Mr. Tony Ojobo by his alma-mata, the Enugu State University of Science and Technology (ESUT) today, Thursday, October 26, 2017….
GE partners ALU to raise African digital professionals skills in S/Africa
The African Leadership University (ALU) and GE Africa on Wednesday announced the launch of the ALU Africa Industrial Internet programme powered by GE. The program combines the best of GE’s technical expertise with ALU’s unique learning model in a 12-month…
