A Federal High Court sitting in Lagos has found a foreign vessel, MT Lovell Sea, guilty of contravening provisions of the Coastal and Inland Shipping Act otherwise known as the Cabotage Act of 2003.

National Association of Government Approved Freight Forwarders (NAGAFF) has warned its members operating at the Ports and Terminals Multi-Purpose Services Limited (PTML) to desist from clearing cargoes without proper Customs documentation.

An IITA_led fertilizer_use study on East African highland bananas has shown that moderate application of mineral fertilizers could double the production of the crop. However, the study also found that majority of the banana growers in the region do not use fertilizers, missing out on the opportunity to maximize the crop’s food security and economic potentials. Over 70 million people in the East African highlands depend on banana as their primary source of food and income.

Nigeria’s capacity to move and connect manufacturers with international markets around the world was still low, the World Bank has said.The bank disclosed this in its 2010 Logistics Performance Index (LPI) released in Abuja, recently.

A new paper published last week in Science warns that billions of dollars promised to fund programs to boost small_scale agriculture in developing countries are unlikely to succeed in feeding the world’s increasing populations.

Improved maize varieties, developed by the International Institute of Tropical Agriculture (IITA) and partners, that will help enhance food security and incomes of maize farmers in West and Central Africa have been released by the Nigerian National Variety Release Committee.

ProfiliantDevelopment Resources Limited, a sales and business development consultancy, has finalised plans to hold this year’s edition of the Anatomy-of-Selling (AOS) programme.

The Institute of Chartered Accountants of Nigeria (ICAN) has called for greater efficiency in the management of public finance and a more proactive role for public accounting officers if the nation must attain its vision of becoming one of the most developed economies in the world by year 2020.

Finance journalists under the aegis of Finance Correspondents Association of Nigeria (FICAN) will examine the prospects of the proposed Asset Management Corporation (AMC) as a solution to the problem of huge non-performing loans in the banking industry and the illiquidity in the nation’s stock market.

Africa Finance Corporation (AFC) and Standard Chartered Private Equity Limited have expressed their commitment to the growth and development of Nigeria’s economy.