Dr. Dakuku Peterside, the Director General of the Nigerian Maritime Administration and safety Agency (NIMASA) has said that the Agency is set to deliver what will be Africa's fifth largest floating dockyard in 2017. Dr. Peterside said this during a...

The two committees on Marine Transport of both chambers of the National Assembly have assured the Nigeria Maritime Administration and safety Agency (NIMASA) of the needed legislative and budgetary support to grow the capacity of professionals in the industry...

...Meets BDCs over rates convergence The Central Bank of Nigeria has fined Standard Chartered Bank N2billion for foreign exchange infraction, THISDAY report. The bank, according to the source, drew the apex bank’s anger for buying $25million at the official rate and...

About 80 per cent of petroleum tank farms across the country are currently lying idle as a result of massive divestment by oil marketers into the retail arm of the business, a former Executive Secretary of the Petroleum Products...

The House of Representatives has asked the Economic and Financial Crimes Commission and the Central Bank of Nigeria to immediately go after the promoters of the Mavrodi Mondial Moneybox, otherwise known as MMM, in Nigeria. Lawmakers strongly opposed the investment...

The World Bank says it has disbursed a total of $7.24bn to Nigeria from 2012 to date. Statistics obtained from the bank’s web portal has also showed that its current portfolio in Nigeria stood at $8.26bn as of July. However, a...