Business

Crude oil, aviation fuel top import chart at Lekki deep-sea port

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
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Grimaldi group, NPA disagree over repair of port access roads

THE managements of the Nigerian Ports Authority (NPA) and the Grimaldi (operators of the PTML Terminal) group are currently at logger heads over the repairs of bad port access roads following the incessant loss of lives and properties as a result of containers falling of f trucks.

‘Professionalism is my priority’ —Omatseye

The newly appointed Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Mr. Temisan Raymond Omatseye has said that professionalisation and modernisation of the Agency will be the core value of his administration.

CABOTAGE LAW: Ship-owners head to court for enforcement

THE Indigenous Shipowners Association of Nigeria (ISAN) has gone to court to enforce the provisions of the cabotage law which restrict the operations in Nigerian waters to vessels owned, crewed and built in the country to local ship-owners.

Auditors back ‘Uniform Year End for Banks’

Auditors have thrown their weight behind the Centra Bank of Nigeria (CBN)’s new policy guidelines for a uniform accounting year_end for banks, saying it will curb doctored reports and interbank lending in the financial sector. They said “Uniform Year End for banks is good.

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