Seasonal, cross-border cattle migration among the world’s newest nation South Sudan and its northern neighbour Sudan often leads to disputes and violence. Therefore, a two-day conference on peaceful livestock migration, organized by the United Nations Mission in South Sudan (UNMISS), in partnership with the state Ministry of Animal Resources and Fisheries, recently concluded in Renk, […]
By Our Correspondent Through its subsidiary CMA Terminals, France-based CMA CGM has entered into a deal to divest its ownership in Russia’s Yanino’s Logistics Park and Moby Dik ocean terminal, according to FleetMon. It stated: “This is the latest in western shipping companies dissolving their stakes in Russian companies. “As it stands, CMA Terminals holds
CMA CGM to Divest Out of Its Ownership in Russian Terminals Read More »
By Our Correspondent Port of Houston has decided to impose a Sustained Import Dwell Fee which is expected to come into effect from February 1st, according to FleetMon. It stated: “The new fee is being imposed to prevent the stagnation of cargo at the Bayport and Barbours Cut Container Terminals. “The sustained Import Dwell Fee
MARITIME: Port of Houston Imposes Fee to Reduce Long-Term Cargo Storage at Terminals Read More »
By Our Correspondent A Container ship GSL ELENI left Vancouver on December 28, 2022, bound for Yokohama, but her rudder stuck in portside position when she was already in the open, passing Juan de Fuca Strait, on December 29, 2022, according to FleetMon. It stated: “The disabled ship was towed to Victoria from December 31
MARITIME ACCIDENT: Container ship disabled, towed to Victoria, Canada Read More »
The Lagos Chamber, in fulfilling its role as an economic thinktank and an advocacy body reviews the economy at regular intervals through various events, platforms, and on various private sector issues. The Chamber, in 2022, considered various issues as they emerged looking at how these issues affected the business community and made very useful and
THE LCCI NEW YEAR STATEMENT ON THE ECONOMY 2023 Read More »
The presidency has said the criticism of the administration of President Muhammadu Buhari by former President Olusegun Obasanjo was borne out of jealousy and frustration. The presidency stated this in a statement by one its spokesperson, Garba Shehu, on Monday. It described Obasanjo’s government as corrupt and morally bankrupt. In the statement titled, ‘Morally squalid
Presidency replies Obasanjo, says former president’s jealous Read More »
Happy New Year! May all our national calamities disappear this year. I am constrained to write this letter to all Nigerians especially young Nigerians, friends of Nigeria globally as well as our development partners because of the gravity; responsibility and implications of the collective decision Nigerians, both young and old, wil be making within the next
OBJ LETTER: MY APPEAL TO ALL NIGERIANS PARTICULARLY YOUNG NIGERIANS Read More »
The Centre for the Promotion of private Enterprise [CPPE] is disturbed by the rushed passage of the 2022 Finance Bill by the National Assembly. It calls to question the representation role of the Assembly. There was practically no room for public hearing and engagement with stakeholders in the consideration of the bill. This is
HASTY PASSAGE OF THE 2022 FINANCE BILL Read More »
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the oil-producing states in Nigeria over “their failure to account for the spending of the oil derivation refunds of N625bn recently paid to them by the Federal Government, including details and locations of projects executed with the money.” The Federal Government recently paid N625.43
SERAP sues Wike, Okowa, others ‘over failure to account for N625bn’ Read More »
By Our Correspondent An Ocean Network Express (ONE) has signed agreements to acquire stakes in container shipping businesses and is looking to acquire three container terminals on the US West Coast, according to FleetMon. It stated: “The Singaporean Container carrier stated that they are banking on container terminals as they play an important role in
MARITIME: Ocean Network Carrier to Acquire Three New Terminals on the US West Coast Read More »
