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Nico Vermeulen

Editorial

ECONOMIC RECESSION, Business …and a Bureau far removed from Reality!
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Forex Market: Economic Prediction Now Possible With Continued Intervention

Cover Story

Forex Market: Economic Prediction Now Possible With Continued Intervention
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Capital Flight

Maritime

Nigeria: How to Bounce Back At IMO Council

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NSC, Ogun in partnership over truck transit parks project

NSC, Ogun in partnership over truck transit parks project

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC) Mr. Hassan Bello, has expressed the need for partnership between his Council and Ogun State Government to ensure the development of a functional Truck Transit Park in the... read more
Shangisha/Magodo Land,…Even After S’Court Verdict…

Shangisha/Magodo Land,…Even After S’Court Verdict…

Shangisha/Magodo Land…Even After S’Court Verdict ●New attempt to quash S’Court Judgment At Lagos High Court Six years after the Supreme Court delivered its judgment on the disputed Magodo/ Shangisha land, which lingered for 27years, between Lagos State Government and... read more
SIFAX Group Urges FG to Concession Scanning Service

SIFAX Group Urges FG to Concession Scanning Service

SIFAX Group, a multinational corporation with diverse interests in maritime, aviation, haulage & logistics, oil & gas and hospitality, has urged the Federal Government to concession the scanning service at all the country’s seaports. The service is currently... read more
Frequent deadly import at Lagos ports worries Gov’t

Frequent deadly import at Lagos ports worries Gov’t

Frequent deadly import at Lagos ports worries Gov’t…As merchants import 2201 rifles into Lagos in eight months Anyone who strongly believes that 2201 deadly rifles could be freely smuggled through the nation’s ports into the country, must have either be plain crazy or... read more
Customs Elevate 3,487 Senior Officers, Redeploy 337

Customs Elevate 3,487 Senior Officers, Redeploy 337

Nigeria Customs Service (NCS) has said that a total of 3,487 senior officers have been promoted. Also the service has redeployed 337 assistant comptrollers to various commands across the country. The posting and redeployment exercises, which were approved by the... read more
40 per cent of mobile lines in Nigeria are inactive

40 per cent of mobile lines in Nigeria are inactive

Slightly over 40 per cent of all the telephone lines in Nigeria have been redundant due to the disparity between the total number of connected telephone lines till date and the actual number of active telephone lines in the country. It was gathered that bulk of the... read more
Bello’s dream of modern transport, port infrastructure

Bello’s dream of modern transport, port infrastructure

Our focus is  to deliver modern infrastructure. We want to have a modern port and ultimately an automated port system where the processes and procedures are world standard. And this we have started doing by being more focused on standard operating procedures for every... read more
Customs Loses Patrol Van To Smugglers, As 5 Remain Missing

Customs Loses Patrol Van To Smugglers, As 5 Remain Missing

The Nigeria CustomsbService has again lost one of its patrol van, this time in Ogun State, as dare devil smugglers pounced on Customs Officers on routine patrol, burning their vehicle and leaving the whereabouts of some, still unknown. The Service last month similarly... read more
Seven Firms To Drive Gas Supply For 15,000MW of Power

Seven Firms To Drive Gas Supply For 15,000MW of Power

Chevron, Agip, Shell Nigeria and four other oil companies have evolved a scheme to grow gas supply for domestic consumption by 285 percent by 2020. It is joint scheme that would involve Nigerian National Petroleum Corporation (NNPC). The scheme aims to move domestic... read more
How Declining Trust On Internet Affects E-commerce

How Declining Trust On Internet Affects E-commerce

A new global survey reveals that Internet users are increasingly concerned about their online privacy, and that 49 percent of users polled say lack of trust is their main reason for not shopping online. The survey, conducted jointly by the Centre For International... read more
Few weeks ago, Tafawa Balewa Square and Lekki end of Lagos were agog with the wedding between Bisola, the daughter of former Managing Director of the Nigerian Ports Authority, Chief Adebayo Babatunde Sarumi and Adache Agbo Ejoga. While the wedding took place at Our Saviour’s Church, Tafawa Balewa, the traditional ceremony was at Lekki. Here are some of the faces at the twin events