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Yearly Archives: 2019

SEC advises Nigerians to shun ponzi schemes

SEC advises Nigerians to shun ponzi schemes

The Securities and Exchange Commission (SEC) has again warned Nigerians to desist from investing in schemes that offer unreasonable returns and not approved by the commission. Acting Director-General of SEC, Mary Uduk, who stated this in an interview with journalists ...

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BEARS: Failed Promises

BEARS: Failed Promises

The Federal Government had, in 2017, begun the National Primary Healthcare Revitalization Initiative with the aim of resuscitating over 10,000 health centres across the country. Two years after the Federal Government’s promise to revitalize 10,000 primary healthcare centres across the ...

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Maximizing AfCFTA Opportunities

FG bans forex for food importation

Nigeria became the 53rd country to sign the African Continental Free Trade Agreement (AfCFTA) the world’s largest single market, when President Muhammadu Buhari signed last month. The agreement will be the largest trade agreement in history since the creation of ...

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Port Concession Review: NPA To Create Monitoring Team To Regulate Self

Terminal operators say Lagos ports not congested

·  How technical regulatory issues lead to fiscal losses ·  SOLAS related deficiencies ranked highest in 2018 – Abuja  MOU By Kenneth Jukpor As part of efforts to ensure that both parties in the ongoing port concession agreement review meet their obligations, ...

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Nigeria Needs Vibrant Steel Sector For Ship Building – Orakwusi

By Kenneth Jukpor Barr. (Mrs.) Margaret Orakwusi is the Chairperson, Nigeria Ship-Owners Forum and Chief Executive Officer, MORBOD Group. During the 2019 MMS Transport Leadership lecture and awards, she spoke with MMS Plus newspaper on the sidelines, addressing several pertinent ...

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Why Aviation Insurance Is Unpopular In Nigeria

Why Aviation Insurance Is Unpopular In Nigeria

By Okuneye Moyosola Aviation is one the main drivers behind globalization. It supports 63 million jobs worldwide and enables $2.7trillion in global Gross Domestic Product (GDP). However, despite the huge business potentials in the industry, aviation business remains very risky ...

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BULLS: Congrats Aisha & Obiageli

BULLS: Congrats Aisha & Obiageli

Kings Communications Limited congratulates Mrs. Obiageli Chuma Ugbo an Assistant Chief Public Relations Officer at the Nigerian Maritime Administration and Safety Agency (NIMASA) who was the Best NIMASA Staff in June 2019. In the same vein, we also felicitate with Hajia Aisha Ali-Ibrahim ...

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1,500 MSMEs To Benefit From Shared Facility Scheme — Osinbajo

FG To Establish 37 Small Businesses Clusters

The Vice President, Prof. Yemi Osinbajo, has said that over 1,500 micro, small and medium enterprises (MSMEs) will benefit directly from the first phase of the shared facility scheme being facilitated by the federal government. Osinbajo stated this at the ...

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Obaseki, Institute Of Taxation Fine-tune Strategy To Widen Tax Net

Obaseki, Institute Of Taxation Fine-tune Strategy To Widen Tax Net

The Edo State Governor, Mr. Godwin Obaseki, has said that the state government will partner with the Chartered Institute of Taxation of Nigeria (CITN) to drive advocacy campaigns so as to widen the tax net in the state. Edo State ...

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AfDB Seeks More Chinese Agric Investments In Africa

AfDB Seeks More Chinese Agric Investments In Africa

The African Development Bank has met a private sector consortium from China in a bid to attract investment through partnerships in the development of Special Agro-Industrial Processing Zones across Africa. A statement from the AfDB, last week further disclosed that ...

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First Bank To Support SMEs

First Bank To Support SMEs

First Bank of Nigeria Limited has expressed its support for the Small and Medium Enterprises in the country. A statement from the bank said that as part of its activities for this segment of the economy, it would introduce its ...

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 AfCFTA: The Relationship Between Prosperity And Imperfect Contemporary Implementation Of A Free Trade Agreement

  AfCFTA: The Relationship Between Prosperity And Imperfect Contemporary Implementation Of A Free Trade Agreement

By Dr. Eugene Nweke. In my Global Trade Review, released last quarter October,2018, I did raise issues and concerns of note having gone through the proposed Africa Continental Free Trade Area (AfCFTA). I also requested the management of the Council ...

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How To Save Air Freight Cost With Right Packaging Solution

How To Save Air Freight Cost With Right Packaging Solution

As air shipping becomes more affordable and more widely available, many companies have turned to it as a fast and reliable option. Air shipment can move your products much more quickly than land or sea freight, but there are some ...

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NAMA To Reduce Pilots, Controllers’ Hitches

NAMA Boosts Airways Communication In North Eastern Corridor

The Nigeria Airspace Management Agency (NAMA) has said the sectorisation of the Lagos Sub-Flight Information Region (Sub-FIR) into two will reduce radio airspace communication challenges faced by pilots and air traffic controllers over congestion. Its Managing Director, Captain Fola Akinkuotu, ...

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Policy Makers Harp On The Need To License ATSEP

Policy Makers Harp On The Need To License ATSEP

The need for urgent license Air Traffic Safety Electronics Personnel (ATSEP) to further enhance safety in the country and the region has become topmost on the agenda of the Ministry of Aviation. Permanent Secretary, ministry of transportation Sabiu Zakari made ...

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IMO Council Elections: Improved Ship Registry To Boost Nigeria’s Chances

Maximizing Potentials For Nigeria’s IMO Council Bid

NIMASA receives report from Ilori-led committee on ship registry By Kenneth Jukpor As the December 2019 elections into the Governing Council of the International Maritime Organization (IMO) draws near, experts have tipped an improved ship registry as a factor that ...

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Over 100 Women To Benefit In MMS WILCEP Training

No fewer than one hundred Nigerian women are set to receive free empowerment, skill acquisition and career mentoring, as MMS Plus Woman Of Fortune Hall Of Fame (WoFHoF) Initiative holdS its 3rd WILCEP Africa mentorship programme, this week. The event ...

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Women Inclusion: APM Terminals Apapa Employs Six Female Crane Operators

‘Ports concessions buoyed shipping growth, revenue in 13 years’

Jacob disclosed this when the executive members of the Women in Maritime Africa (WIMAfrica) Nigeria branch, visited him in Lagos on Thursday. The team also visited ENL Consortium and the Nigerian Maritime Administration and Safety Agency (NIMASA), both in Apapa, ...

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Investors lose N125 billion in three trading days

Investors lose N125 billion in three trading days

Trading at the Nigerian Stock Exchange (NSE), sustained its bearish hold, as sell-off in most bluechip stocks persisted yesterday, causing investors’ wealth to plunge further by N125 billion in three trading days. Specifically, market capitalisation of listed equities, which opened ...

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African cargo traffic surges by 3.8% amid global slump

African air traffic soars by 11.7% amid global demand surge

African carriers have recorded a 3.8 per cent surge in freight demands amid a 4.8 per cent slump in global demand. The African region was the only one to report growth in June 2019 according to the International Air Transport ...

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