Monday, December 9, 2019
Africa

Africa

Opinion: Looking Towards Expansion of Nigeria’s Maritime Industry

Nigeria has been recognized globally as a reputable maritime nation with over 8,000 kilometers of navigable inland and coastal channels, as well as its fresh water lakes. However, it is struggling to strengthen its maritime sector with modern maritime...

Buhari Nominates Adesina For AfDB Second Term

President Muhammadu Buhari has nominated Akinwunmi Adesina for a second term as the president of African Development Bank (AfDB), according to The Cable. Adesina made this known on Sunday while receiving the Emeka Anyaoku lifetime achievement award presented...

African Cargo Traffic Surges By 3.8%

African carriers have recorded a 3.8 per cent surge in freight demands amid a 4.8 per cent slump in global demand, according to a report by the Guardian. The African region was the only one to report growth in...

Afreximbank Nets $276m

...offers shareholders $69m as dividend The African Export-Import Bank (Afreximbank), at its yearly general meetings in Moscow, at the weekend, unveiled a $276 million net profit in 2018 financial year, even as shareholderd adopted its proposal of $69 million as...

DELEGATES OF PORT OF DOUALA VISITS NPA

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (middle) the Secretary General, the Port of Douala, Cameroon, Onana Ndoh Lin Dieudonne (3rd from left) and other Cameroonian delegates including other Top Management of the NPA during...

Libya’s National Oil Company To Reopen Major Oil Field

Libya’s National Oil Corporation says production is to resume within hours at the southwestern Sharara oil field after control was retaken from an armed group last month. The militia’s blockade had cost the state oil company around $1.8 billion in...

AfCFTA Awaits Four More Ratifications To Become Effective

outh Africa has deposited its instruments on the ratification of the African Free Continental Trade Area (AfCFTA), on the sidelines of the 32nd Ordinary Session of Assembly of the African Union, in Addis Ababa, Ethiopia. The development came after the...

AISSON 2018: You Can’t Carryout Communal Policing With Foreigners- Alapini

AIG Tunji Alapini (rtd) made this stunning remark at the just concluded Association of Industrial Security and Safety Operators (AISSON) conference 2018 which took place at the Nigeria Institute of International Affairs, Victoria Island, Lagos. The theme of the security...

NIMASA Challenges Piracy Reports On Nigerian Waters

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called on the International Maritime Bureau (IMB) to ensure fairness and balance in its reportage of piracy issues on Nigeria’s territorial waters. Peterside regretted what he described...

South Africa Exits Recession In Just Over 90 Days

South Africa, the second biggest economy, has exited one of the shortest recessions on the continent, ahead of the 2019 election. In September, it was reported that the economy fell into a technical recession, after recording two consecutive quarters of...

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Nigerian International Passport To Be Produced Locally

he federal government has signed a memorandum of understanding (MoU) that will see that the Nigerian international passport will be produced locally. The agreement was...

Nigerian Tax Payers Now 35m

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