Business Hilights

Tracking Nigeria's Headline Business News Online

Lagos Deep Offshore Logistics Base (LADOL)

Maritime pundits seek probe into LADOL’s investment grants by CBN, BoI, etc

Worried by scanty presence of investments when compared with the volume of grants and funds already pumped in by several financial institutions including the Central Bank of Nigeria (CBN), Bank of Industry (BoI), and the Nigerian Content Development and Monitoring…

NPA, LADOL land dispute may hobble local, foreign investors’

Leading development experts have variously defined ease of doing business to a number of conditions including absence of policy inconsistency and due process in rule of engagements at all times. Before now, Lagos Deep Offshore Logistics Base (LADOL) seems to…

Renew Samsung group licence as we investigate breaches at FTZ, FG tells LADOL

As part of the first steps to return of normalcy at the Lagos Deep Offshore Logistics Base (LADOL) and its local content partner Samsung Heavy Industries (SHI-MCI), the Nigerian Export Processing Zones Authority (NEPZA), has vide a memo, directed LADOL…

Egina FPSO: Samsung deepening corrupt tendency in Nigeria—Prof Oditah

Legal luminary and lead counsel to Lagos Deep Offshore Logistics Base (LADOL), Prof. Fidelis Oditah, has accused Samsung Heavy Industries (SHI) – a subsidiary of the Samsung Group, Korea of trying to entrench its corrupt tendencies in Nigeria. The accusation…