Dry Dock: Iheanacho indicts NIMASA for being regulator, player in maritime industry
Former Minister of Interior and chairman of Worldwide genesis Shipping Company, Capt; Emma Iheanacho has berated the Nigerian Maritime Administration and Safety Agency (NIMASA) for investing in Dry Dock business whereas it still remains a regulator. In an interview on…
Customs CG, Ali finally bends, seeks collaboration with clearing agents, unions in Lagos
More than one year and seven months of his appointment as the Comptroller-General of Customs, Hameed Ali, has made a U-Turn and visited Lagos clearing agents’ associations to seek partnership and speed his gospel on anti corruption. He visited the…
Customs impounds N2.6M prohibited drugs from lndia, China
The Nigeria Customs Service (NCS) on Tuesday said it has intercepted trucks load of smuggled drugs worth N242,688,000. The drugs identified as Tramadol Hydrochoride tablets in the range of 225mg/200 mg were seized along Apapa Road in Lagos. The drugs…
FG extends Abuja Airport repairs for 18 weeks but maintains reopening schedule
Indications have emerged that the ongoing upgrade of the runway at the Nnamdi Azikiwe International Airport, Abuja will continue after the expiration of the given six weeks for another 12 weeks, making total duration 18 weeks. However, the additional 12…
New joint consortium takes charge at Keystone Bank, assures early return to profitability
New owners of Keystone Bank Limited, Sigma Golf-Riverbank consortium have taken full possession at the bank and assured that their key duty now is to raise public confidence and quickly return the bank to profitability. The Asset Management Corporation of…
LG concludes plans to launch Payment App, LG Pay in June
Global electronic giant, LG has said it will roll out its mobile payment app alongside with its U.S brand’s newest flagship product — the LG G6 phone. The South Korean electronics maker explained that LG pay will enable people to…
Intels faces AGF, NPA probe over non-remittance of $200m revenue from Onne, Warri
The revenue and job loss crisis hitting Integrated Logistics Services Limited (Intels) may be getting messier as the office of the Accountant-General of the Federation (AGF) is set to probe Intels for the infractions and failure to remit $200 million…
2,251 ‘whistles’ blown on looted funds, assets, contracts inflation in few months—Adeosun
The Minister of Finance, Mrs. Kemi Adeosun has made shocking revelation, saying the Ministry’s whistle blowing portal has so far received 2,251 tips from whistleblowers on embezzlement of government funds, looting of assets and contract inflation, among others in few…
How recession compelled Nigerians to run away from internet bundles in February
Pundits have traced the rising drop in Nigerian internet users to decimating disposal income driven by the forces of recession and inflationary squeeze in the economy. This can be noticed from the latest data released by the Nigerian Communications Commission…
