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GE confirms readiness to invest $2bn in Railways

GE confirms readiness to invest $2bn in Railways

The General Electric (GE), an American corporate giant, has indicated readiness to invest $2 billion in the nation’s railway project. The company in a press statement said its equity…

FG may ban wood export

FG may ban wood export

There are indications that the federal government may ban export of wood. This indication was given Tuesday in Abuja by the Minister of Environment, Mrs. Amina Mohammed, who said this…

Senate to review tax laws to promote investments

The Senate has concluded plans to review tax laws in a bid to attract investments into the country. Part of the review is to streamline existing multiple tax laws, the…

Stakeholders want immediate rehabilitation of NMRDC

Stakeholders want immediate rehabilitation of NMRDC

… Suggest full-capacity utilisation of facility Stakeholders in Nigeria’s maritime industry have called for immediate rehabilitation of the Nigerian Maritime Resource Development Centre(NMRDC) owned and managed by the…

Ease of doing business and corruption at the borders and ports

Ease of doing business and corruption at the borders and ports

After months of mere sound bites and public statements, a Presidential Enabling Business Environment Council has been approved by President Muhammadu Buhari, to drive government’s promise to significantly reduce…

South Korean truck drivers go on strike

South Korean truck drivers go on strike

Transport Minister Kang Ho-in called the walkout by more than 7,000 unionized truckers “unjustified” and “an act of betrayal,” vowing swift action against participants, according to a report…

All port tenants to pay rent–NPA Management

All port tenants to pay rent–NPA Management

All government agencies, as well as private corporations occupying spaces in the nation’s seaports will henceforth pay rents to the Nigerian Ports Authority (NPA), the NPA Management has said…

Rice imports remain banned through land borders, Nigeria Customs Service insists

Rice imports remain banned through land borders, Nigeria Customs Service insists

The Nigeria Customs Service(NCS) at the weekend restated its stand that importation of rice through the land borders remain banned. National Public Relations Officer of the NCS, Deputy Comptroller…

Right trade, transport policies key to sustain economy growth in Africa-Shippers

Right trade, transport policies key to sustain economy growth in Africa-Shippers

Developing and growing Africa’s economy require the right trade and transport policies,participants at a two-day forum on how to improve trade and transport infrastructure in Africa…

Nigerian Navy ship, Unity, arrives Port of Colombo, Sri Lanka

Nigerian Navy ship, Unity, arrives Port of Colombo, Sri Lanka

The Nigerian Navy (NN) Ship, Unity, has berthed in Port of Colombo, Sri Lanka, in Southern Asia. Navy spokesman, Commodore Chris Ezekobe, on Thursday said: “The man of war departed…