ByLOUISE MOR & ALISON WEAL The Convention on International Interests in Mobile Equipment (the “Cape Town Convention” or “CTC”) operates within a fairly narrow area of transactional law and provides a legal framework for the secured financing and leasing of uniquely identifiable high value mobile equipment. It was adopted in […]

The Nigerian Railway Corporation (NRC), said staff of the agency involved in ticket racketeering have been sacked, while others were demoted. The Managing Director of the NRC, Fidet Okhiria disclosed this on Wednesday before the House of Representatives Committee on Finance while appearing at the 2024–2026 Medium-Term Expenditure Framework and […]

The Managing Director of the Nigerian Railway Corporation (NRC), Mr. Fidet Okhiria, has stated that their revenue was reduced because of insecurity. He stated this while speaking before the House of Representatives Committee on Finance during an interactive session on the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper […]

The Minister of Transportation, Senator Saidu Alkali, has promised to ensure the completion and full operation of the Port Harcourt-Maiduguri rail network. The minister explained that upon completion of the rail line, Nigerians would enjoy good trade, access market, and business places easily, and also boost agricultural production and its […]

Over two years after the inauguration of the $1.5-billion Lagos-Ibadan standard gauge rail line, the Nigerian Railway Corporation (NRC) has finally begun cargo haulage from the Lagos Port Complex, Apapa Port in Lagos State, to the dry inland container port in Moniya, Ibadan, Oyo State. Former Nigerian President, Muhammadu Buhari, […]