Dangote to launch own shipping fleet to boost maritime operation
By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
Oasis Insurance records N89mn profit in first quarter 2009
Oasis Insurance Plc has recorded a significant improvement in its bottom line in its first quarter ended, March 31, 2009 financial statement, declaring a profit after tax of N88.77 million.
Registrars blame courier companies for failure in offer processes
Registrars in the Nigerian capital market have blamed courier companies for majority of the woes faced by investors, quoted companies and other key stakeholders in the market, especially for the failures in public offers and rights issues and also for delays associated with the distribution of post-offer documents to stakeholders.
Cargo throughput drops as inadequate port infrastructures increase
The abject sate of the roads especially in around the Lagos Ports and environs has drastically reduced the cargo through put in the port.
Customs intercepts arms and ammunition at Tin-can port
THE Port and Terminal Multi-services Limited (PTML) Customs Command of the Nigeria Customs Service (NCS) has intercepted 76 round of live ammunition and a spent bullet concealed in two vehicles.
Group to honour maritime industry Icons
At least 10 maritime industry stakeholders who have distinguished themselves in various aspects of maritime and related fields and who recently emerged from a long list of previously short- listed top players are to be honored at a top- rate celebrity showcase which has been tagged “Maritime Industry Night of Honourâ€.
