Maritime Expert Calls for Concession of NIMASA’s N50bn Floating Dockyard to Unlock Economic Value
The Chief Executive Officer of Maritime Media Ltd., Mr. Asu Beks, has called for the concession of the floating dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA)…
Oil gains 9% as Iran says Strait of Hormuz closure to continue
Oil prices rose about 9% on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, and the country’s supreme leader said the closure of…
NELFUND extends loan application portal for some institutions
The Nigerian Education Loan Fund (NELFUND) has approved an extension of its student loan application portal for institutions that formally requested additional time for the 2025/2026 academic session. The Fund…
Court grants ICPC’s request to access, analyse devices recovered from El-Rufai’s house
The Federal High Court in Abuja on Thursday, gave the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the go-ahead to access and analyse the electronic devices recovered from…
Ghana to submit UN resolution on slavery reparations; eyes broad support
Ghana intends to propose a United Nations resolution recognising transatlantic slavery as the “gravest crime in the history of humankind” and calling for reparations, and expects broad support despite resistance…
SON issues MANCAP certificates to 32 companies in Anambra
The Standard Organisation of Nigeria (SON) has issued Mandatory Conformity Assessment Programme (MANCAP) certificate of 104 products to 32 companies operating in Anambra. The certificate issuance ceremony was held at…
Oil unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and…
Shipper MSC secures 45‑year Lagos port concession with Nigerdock
Shipping company MSC has signed a 45-year concession agreement with Nigerian maritime company Nigerdock to develop, operate and maintain a new container terminal at Snake Island Port in Lagos, the…
Gavi commends Nigeria for meeting vaccine co-financing obligations
Gavi, the Vaccine Alliance and UNICEF, have commended Nigeria for meeting its vaccine co-financing obligations in 2024, saying the achievement enabled the country to procure life-saving vaccines for its citizens….
Lagos govt. launches online system for building permit
Gov. Babajide Sanwo-Olu of Lagos has launched an electronic system that would simplify the process of obtaining physical planning permits in Lagos. Mr. Kehinde Osinaike, General Manager, Lagos State Physical…