Category: Editorial

Lawyers for South Korea’s Park reject questioning, prosecution says

Lawyers for South Korean President Park Geun-hye have rejected a plan by a special prosecutor investigating a graft scandal to question her, citing a media leak, a spokesman for the prosecutor’s office said on Thursday. The plan was to question Park on Thursday at an undisclosed location, Lee Kyu-chul, spokesman for the prosecutor’s office, told…

The ‘largest crisis on the continent’ is happening in Nigeria, to Nigerians

* Actor, Djimon Honsou, visits Maiduguri to bring attention to urgent malnutrition crisis * Oxfam calls for greater provision of emergency food assistance The ongoing crisis in Northeast Nigeria has been described by the UN as “the largest crisis on the African continent.” According to Oxfam, there are currently 1.2 million internally displaced people in…

CBN Gives NEXIM Bank N300bn Export Stimulation Fund

 CBN Gives NEXIM Bank N300bn Export Stimulation Fund The Central Bank of Nigeria (CBN) yesterday approved a N300 billion export stimulation fund for the Nigerian Export-Import Bank (NEXIM). The bank’s Managing Director,  Robert Onya said  during a visit of the Hon. Jones Onyereri- headed House of Representatives Committee on Banking and Currency, that the bank…

Commercial Regulator in the Nigerian Maritime Industry, How do we end it?

Battle between the Nigerian Shippers Council (NSC), the Nigerian Maritime Administration and Safety Agency (NIMASA), there are strong indications that the Federal Ministry of Transport may be considering transmuting one of its departments or the Nigerian Ports Authority (NPA) into becoming a commercial regulator for the Nigerian maritime industry into a commercial regulator as

Stakeholders in the shipping industry have called for smooth transformation