The Lagos Chamber of Commerce and Industry (LCCI), has expressed concern over the deplorable state of access roads to all the ports in Nigeria, knowing fully well how important the Lagos ports roads are to the Nigerian economy, hence the need for an urgent response by the government to fix
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Cape Town Metrorail brought to a halt by angry commuters
Recovery Operations Ongoing in Cape Town
Qatar launches direct shipping services to Oman ports
Qatar Monday introduced it had launched direct shipping services to ports in Oman, a transfer that bypasses a Gulf “blockade” on a rustic largely depending on meals imports. Qatar’s port authority introduced the launch of two new services from Hamad Port to Oman’s Sohar and Salalah ports, circumventing the necessity for
Arik Air in Negotiations with New Investors
Nigeria’s major carrier, Arik Air, may soon get over its debt crisis as shareholders are having deep discussion with a major investor, who would take over significant shares from the company and provide the funds to offset the debts of the airline owed to Asset Management Corporation of Nigeria (AMCON)
Pump Price of Diesel Down by over 30% in 4 Months
A report of THISDAY Newspaper’s market survey just published indicates that the pump price of diesel has dropped by over 30 per cent between February and June 2017, following the fluctuations in forex and international crude oil prices As a deregulated product, the price of diesel is controlled by the market
Nigerian Airlines, others record three-year low financial performance
Airlines in Nigeria and the entire African region recorded the lowest financial performance globally For the third consecutive year, according to the International Air Transport Association’s ‘Economic Performance of the Airline Industry’ for mid-year 2017. The IATA report, which was released during its Annual General Meeting in Mexico, is semi-annual and
FAAN advises passengers to arrive airports on time
In compliance with the exective order issued by Federal Government of Nigeria, The Managing Director, Federal Airports Authority of Nigeria (FAAN) Mr. Saleh Dunoma has advised passengers to arrive airports on time due to the new screening arrangement that has been implemented. My advice to passengers is that they should come
Maritime sector strategic for investors – Rotimi Amaechi
The Minister of Transportation, Rotimi Amaechi has stated that the Nigerian maritime sector is a haven of opportunities for the world maritime industry to tap into. While Speaking at "Africa @ Nor” session at the just concluded Nor-Shipping 2017 which was held at Lillstrome, Norway recently. The Minister assured the audience
Compliance to Executive Orders above 70% – NCAA
....... On going websites update Aviation agencies at the Lagos airport are streamlining their operations including website updates, among others. This is in compliance to the Executive Orders given by Acting President Yemi Osinbajo. MLN observed that the Nigerian Civil Aviation Authority, Federal Airport Authority of Nigeria and the Nigerian Airspace Management