Following the recent importation of massive arms and ammunition through the port in Lagos, President of the National Association of Government Approved Freight Forwarders (NAGAFF), Mr. Eugene Nwoke has said that government made a fundamental mistake in it concession of the nation’s port terminal by giving out 100 percent stake to foreigners.

THE International Maritime Organisation Council has agreed to provide £500,000 ($740,000) from its Technical Co-operation Fund reserves to bailout the financially troubled World Maritime University.

THE Lagos International Trade Fair Complex under the management of Aulic Nigeria Limited has gone into partnership with members of Importers Association of Nigeria (IMAN) to establish Aulic Bonded terminal .

THE Western Marine Command (WMC) of the Nigeria Customs Service has intercepted a consignment of suspected generic substandard medicaments, just as it apprehended a huge consignment of frozen poultry products worth about N9million.

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has kicked against the proposed plans by the Federal Government to privatise the country’s industrial development bank, the Bank of Industry.

GTI Consult Limited is holding a national seminar to train entrepreneurs on business survival.According to the GTI Principal Consultant / Seminar Consultant, Dr Philip Othihiwa, many companies have gone under as a result of unethical corporate practices and many are still not sure footed due to unethical practices saying the regulatory framework necessary in tackling this problem will be addressed in the two day seminar.

The Managing Director, JOF Ideal Family Farm’s Tunji Fagboyegun, said on Tuesday that the company is set to delight its numerous customers with Executive Chef vegetable oil, at the fast approaching yuletide.

Central Bank of Nigeria (CBN) has left its Monetary Policy Rate at 6.25 per cent on Tuesday to allow its previous rate hike to filter through the system, but said it recognised there was a need for monetary policy tightening.

Vice President Namadi Sambo has directed that all government contracts, including the coastal road project, must adhere to due process. Sambo gave the reminder in Abuja at a meeting to fast-track the conclusion of all processes for the beginning of work on the Niger Delta Coastal Road project.

THERE are indeed useful lessons from the recent flooding in parts of Lagos and the attendant chaotic traffic situation!

Tragedy struck Wednesday, at Elebele in the outskirts of Yenagoa, the Bayelsa State capital when a trigger happy cop shot dead two persons, an Okada rider and his passenger for allegedly refusing to part with gratification at a chekpoint.

Sequel to the failed attempt by yet to be identified persons to smuggle 13 containers laden with deadly weapons into the country, the Nigeria Customs Service (NCS), has launched a special anti-smuggling team saddled with the responsibility of stepping up security at all entry points in the country.

GENERAL Overseer of Redeemed Christian Church of God, RCCG,‘ Pastor Enoch Adejare Adeboye, will minister at this year’s edition of Vanguard Media Christian Fellowship which comes up next Tuesday, November 30, in the company’s premises.

Against the backdrop of renewed unrest in the Niger Delta resulting in the destruction of the nation’s oil assets, as well as sectarian violence in parts of the country, President Goodluck Jonathan has issued a new mandate to the armed forces and that is “immediate elimination of kidnapping, militancy and sectarian violence.”

Lagos State Governor, Mr. Babatunde Fashola, SAN, yesterday urged individuals and corporate organisations to assist in upholding the security of the State by donating to the State’s Security Trust Fund, saying it would cost less to consolidate on what has already been achieved.