The Federal Government has approved the construction of the $2.4 billion Lagos red line rail project. Commissioner for Transportation, Dayo Mobereola said the approval the right-of-way for the project had been an issue for years. According to him, it took Lagos four and half years to get approval for the project and another four years […]
As part of efforts to boost economic and trade relations between the two countries, President Boni Yayi of Republic of Benin has offered to build a Railway line all the way from Cotonou to Madakali, a border town with Kebbi State in Nigeria to boost economic relations. A statement issued on Tuesday, August 18, in […]
The Japanese ocean carrier, MOL, has announced that it will withdraw from the Europe-West Africa trade but will continue to serve the ports in Lagos, Cotonou, Lome and Tema from Asia. This is despite the fact that this trade is also facing great challenges and suffered a 12 per cent year-on-year volume decline in April. […]