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 […]
Taobao auctions two 747 jets for $50m
The sky seems to be the limit for Chinese online shopping portal Taobao, which auctioned off two Boeing 747 jumbo jets on Tuesday for nearly $50 million.
Customs seizes truck with 300 bags of foreign rice in Niger
The Nigeria Customs Service (NCS), Niger Area Command, has intercepted a truck loaded with 300 bags of foreign rice worth N5.1 million along Kontagora road in Niger.
Don’t go on strike now, NNPC boss appeals to IPMAN
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has appealed to Independent Petroleum Marketers Association of Nigeria (IPMAN), not to embark on their proposed strike action on Dec.11.
Bitcoin could threaten financial stability: Fed governor
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NNPC selling fuel at N133.28, denies hiking prices
The Nigerian National Petroleum Corporation, NNPC, denied hiking the ex-depot price of Premium Motor Spirit, PMS, also known as petrol, stating that the commodity is currently selling at N133.28 per litre.
