Monday, 4th July 2022
Breaking News:


6 Dec 2018
Lagos High Court sitting in Igbosere has ordered Samsung Heavy Industries (SHI) of South Korea to remove the barricade and the electric fence...
28 Nov 2018
Lagos Deep Offshore Logistics (LADOL), has terminated the operating licence of Africoat Nigeria Limited from the LADOL free zone in Lagos.
1 Nov 2018
It was four weeks ago. A scanty crowd of workers carried out a tame protest in front of the Lagos office of the Department of Petroleum Resources, DPR. Their grouse was with Lagos Deep Offshore Logistics, LADOL. But they work for Samsung Heavy Industries, SHI. So, why would any group of workers leave where they…
15 Oct 2018
It is just as well that Lagos Deep Offshore Logistics, LADOL and Samsung Heavy Industries, SHI, have chosen to take their trade dispute to both the Court of Law and the Court of Public Opinion. Given the importance of the partnership to the economic well-being of the nation and the profound implications for the success…
10 Oct 2018
The Managing Director of Lagos Deep Offshore Logistic Base (LADOL), Amy Jadesimi, has joined a group of 33 chief executive officers from across the maritime value chain and from all around the world to sign a call for action and to lead the maritime industry in a transition towards a new decarbonized future in Hong…
5 Oct 2018
Notwithstanding the intrigues threatening its $300 million-worth integration and fabrication facility, Samsung Heavy Industry Nigeria (SHIN), has said it would not be deterred by the challenges, and would continue to invest in the country. The Managing Director, SHIN, Youg-Ho Jo, in a chart with The Guardian, noted that Samsung’s present experience is bitter and not…
3 Oct 2018
The $3.3 billion Egina Floating Production Storage and Offloading vessel otherwise known as Egina FPSO is the first of its kind to enjoy the benefits of Nigerian content to such an appreciable level.   The vessel, conceptualised and built in South Korea, and integrated in Nigeria, to fulfil the Nigerian content requirement, has in the…
30 Sep 2018
Following dispute between Samsung Heavy Industries (SHI) and Lagos Deep Offshore Logistics Base (LADOL) that led to the shutdown...
25 Sep 2018
Oil prices rose more than two per cent yesterday, as the United States (U.S.) sanctions restricted Iranian crude exports and tightened global supply.
24 Sep 2018
Lagos Deep Offshore Logistics (LADOL) Group is willing to settle with Samsung Heavy Industries (SHI) over ownership of the $300 million integration and fabrication yard at the Lagos Free Trade Zone (FTZ), only on its terms. Counsel to LADOL and its free zone management, Prof. Fidelis Oditah, said this while addressing newsmen in Lagos yesterday.…
22 Sep 2018
Amy Jadesimi is the CEO of LADOL, a $500 million Industrial Free Zone in Lagos. A commissioner for business and sustainable development commission, she has an MBA...
9 Sep 2018
Global Resources Management Limited (GRML), a subsidiary of Lagos Deep Offshore Logistics (LADOL) has barred Samsung Heavy Industries (SHI) Nigeria Ltd from the LADOL Free Zone in Lagos, over alleged expired operating licence. SHI is the operator of a fabrication and integration yard (SHI-MCI yard) in the zone, which was used to integrate the Egina Floating…


35 mins ago
Hours after the first vessel berthed at Lekki deep seaport, stakeholders and residents along the corridor have expressed worry with the slow response of the Federal and state governments to providing the infrastructure needed to efficiently kick-start the seaport...
40 mins ago
Founded by Mr. Alex Uruemu Ibru (1945-2011), The Guardian’s foundational rationale upon inception on July 4, 1983 was simple: to create an intellectually driven, independent newspaper presenting balanced and factual coverage of events comparable with the best in Nigeria and globally.
44 mins ago
Following a broad consensus reached by delegates at the Eleventh Session of the World Urban Forum (WUF11) in Katowice, Poland, the talk came to an end last week, with calls for urgent urban action.
51 mins ago
Nigeria’s quest for a 10th Africa Women Cup of Nations title begins today in Rabat where they meet old foes South Africa.
53 mins ago
The rise in prices of building materials has constituted a major threat to the construction sector, housing development by private developers and independent builders who desire to have a roof over their head.