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Monthly Archives: March 2017

NIGERIA TO SHOWCASE MARITIME POTENTIALS IN NORWAY

…As Norwegian Deputy Minister of Trade, Industry and Fisheries Visits NIMASA. (TRADE NEWSWIRE): As part of measures to attract foreign investors to tap into opportunities that abound in the Nigerian maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) would be showcasing the potentials of the Nigerian Maritime Sector at the Norway Shipping week that would hold later this ...

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NPA MD Hadiza Bala Usman awarded for outstanding performance in maritime sector, pledges not to relent

  (TRADE NEWSWIRE): The Managing Director of Nigerian Ports Authority (NPA) Hadiza Bala Usman, has asserted that she has learnt so much within her short spell in the Port Industry and that she appreciated the Media for partnering the NPA Management and being able to convey some of its programmes effectively to the public’s, charging the Media to always cross ...

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NPA sensitizes stakeholders on importance of environmental safety, security

  (TRADE NEWSWIRE): The Management of Nigerian Ports Authority, (NPA) has assured stakeholders in the Maritime sub- sector of its readiness to prioritize matters concerning Operational, Safety and Security with the view to providing necessary support in this regards across the nation’s Seaports in order to ensure efficient Port Services in line with International best practices, TRADE NEWSWIRE repors. Flagging ...

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Proverbial warnings to leadership of Nigerian Senate

  (TRADE NEWSWIRE): Yoruba elders say: Bi koko ba n fe ni le’fe, aki n je ori imado; bi a’ba de je ori imado, aki n lo si awujo kumo; bi a’ba wa lo si awujo kumo, i mowon ara eni la n mo, TRADE NEWSWIRE reports. English meaning: A person that is suffering from hump of the body should ...

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China calls for cooperation on South China Sea

BEIJING: China and the countries surrounding the South China Sea should set up a cooperation mechanism to boost exchanges in efforts ranging from disaster relief to safety of navigation, a senior diplomat said in comments reported on Monday. China claims most of the resource-rich South China Sea, through which about US$5 trillion in ship-borne trade passes every year. Neighbours Brunei, ...

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UN to host Cyprus leaders April 2, first since talks breakdown in February

ATHENS: The leaders of Cyprus’s estranged Greek and Turkish Cypriot communities will meet over dinner next Sunday in a first encounter of the two since peace talks were abruptly interrupted in February, the United Nations said on Monday. Reunification talks hit the latest in a long line of snags last month over a decision by Greek Cypriot lawmakers to commemorate ...

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Morgan Stanley ups European earnings forecasts, says financials in ‘sweet spot’

LONDON: A stronger-than-anticipated economic recovery, the return of inflation and the region’s financial sector in a “sweet spot” has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes. The U.S. bank now sees earnings per share growth for 2017 coming in at 16 percent for the MSCI Europe with the index rising as much as ...

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OPEC, non-OPEC to look at extending oil-output cut by six months

KUWAIT: A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement had said the committee “reports high level of conformity and recommends six-month extension”. But the final version said ...

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China Southern in talks over American Airlines tie-up

SHANGHAI: China Southern Airlines is in talks over a tie-up with American Airlines that could involve the U.S. carrier taking a stake in the state-owned airline, boosting routes between the world’s two largest travel markets. The potential deal would make American Airlines the second U.S. carrier to own part of a Chinese airline after Delta Air Lines Inc bought 3.55 ...

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Tuesday bankruptcy filing for Toshiba’s Westinghouse ideal option: source

TOKYO: Toshiba Corp’s U.S nuclear unit could file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, hoping to ring fence losses ahead of the end of its financial year. But whether the complex bankruptcy filing, which threatens to involve both the Japanese and U.S. governments, can be achieved ...

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