Business

Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General

Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General

By Nkiruka Nnorom & Marvellous Chukwunenye  The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […]
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I will transform maritime sector  —Omatseye

I will transform maritime sector —Omatseye

NEWLY appointed Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Temisan Omatseye, has said that his administration will transform the Nigerian maritime sector into a force to be reckoned with amongst the comity of maritime nations.

Foreign shipowners move to neighbouring states to beat Cabotage

Foreign shipowners move to neighbouring states to beat Cabotage

As a means of subverting the Cabotage Act meant to protect the nation’s coastal trade, foreign shipowners bringing in petroleum products into the country have resorted to anchoring outside the country’s waters to prevent enforcement of the law.

N750 million cargo scanner idle in Calabar port

N750 million cargo scanner idle in Calabar port

A cargo scanner installed by Global Scansysystems Ltd and valued at over 5 million dollars (N750 million) has been under_utilised at the Calabar port, the Chief Executive Officer of the firm, Mr Fred Udechukwu has said.

Olam explains forays into rice farming

Olam explains forays into rice farming

Olam Nigeria Ltd., said its foray into rice farming was to help propel the country to become one of the leading rice producing and exporting nations.

With infrastructure, companies will spring up — John Holt MD

With infrastructure, companies will spring up — John Holt MD

“In Nigeria, infrastructure is a major challenge, once we have infrastructure, this country will grow and a lot of companies will spring up. In this country, if you provide quality service, Nigerians will pay, no matter how much, Nigerians are ready to pay”