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Aircraft Maintenance: Arik Air Reduces Number Of Flights

Aircraft Maintenance: Arik Air Reduces Number Of Flights

Arik Air has adjusted its scheduled operations due to mandatory  maintenance on its aircraft and sued for understanding while it regrets any inconvenience. The airline’s fleet has witnessed a reduction in number in the last two weeks due to the fact ...

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Nigeria escapes IMO delisting of 87 countries

Nigeria escapes IMO delisting of 87 countries

The International Maritime Organisation (IMO), plans to delist about 87 countries for non-compliance with requirements of the 1978 Standards of Training, Certification and Watch-keeping for Seafarers (STCW) Convention as amended from its Whitelist. As nations express worry over the new ...

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Maritime academy boosts skills acquisition with new facilities

Maritime academy boosts skills acquisition with new facilities

The Maritime Academy of Nigeria (MAN), has taken another giant step towards standardised training, by inaugurating its newly-built ultra-modern facilities at the school complex in Oron, Akwa Ibom State. The Minister of Transportation, Rotimi Amaechi, who inspected and unveiled the ...

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NSC’s cooperative society records surplus earnings

NSC’s cooperative society records surplus earnings

With an increase of over 98 per cent net surplus recorded in its 2018 financial statement, the Multipurpose Staff Cooperative Society of the Nigerian Shippers’ Council (NSC), has expressed interest to diversify its activities to agriculture in order to improve ...

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Two feared dead, many injured as spilled fuel ignites fire

Two feared dead, many injured as spilled fuel ignites fire

Two persons were yesterday feared dead in yesterday’s fire outbreak caused by a spillage from a petroleum tanker that fell at Oke-Afa area of Ejigbo, Lagos State. The tanker, which was loaded with petroleum product, fell on Monday afternoon causing gridlock in and ...

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Jumia records 102% revenue in Q1, gets €50 million investment from Mastercard

Jumia records 102% revenue in Q1, gets €50 million investment from Mastercard

For the first quarter ending March 31, 2019, electronic commerce platform, Jumia has a recorded a Gross Merchandise Volume (GMV) growth of 58 per cent leading to 102 per cent growth in marketplace revenue, year-on-year improvement of 356 basis points ...

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SEC to regulate yearly general meetings for cost reduction

SEC to regulate yearly general meetings for cost reduction

•Violation attracts N10m penalty The Securities and Exchange Commission (SEC) is proposing a new sub-rule specifically seeking to reduce the cost of organising meetings, by making the distribution of gifts to shareholders, observers, and any other persons at annual and ...

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Automotive council seeks law on auto policy in Nigeria

Automotive council seeks law on auto policy in Nigeria

In efforts to rapidly grow home-made vehicles in the country, the Nigeria Automotive Design and Development Council (NADDC), has called on the Federal Government to make a legislation that would turn the auto policy into law. The automotive plan, which ...

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Foreign ship owners sabotaging Kaduna inland port, says manager

Foreign ship owners sabotaging Kaduna inland port, says manager

Given Federal Government’s efforts to decongest the seaport, the Manager of the Kaduna Inland Dry Port, Mr Rotimi Raimi, have accused foreign ship owners of refusing to recognise the dry port as port of destination. Raimi, who spoke on the ...

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Shell targets 2400MW from new gas project

Shell targets 2400MW from new gas project

Oil major, Shell, said its ongoing Assa North/Ohaji South gas development in Imo State will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2,400 Megawatts (MW) of electricity enough to provide uninterrupted power to ...

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Untrained personnel, others threaten safety in local aviation

Untrained personnel, others threaten safety in local aviation

• 35 pilots, 27 engineers in air wing of police unqualified • Force, agencies blame poor funding • NCAA says no cause for alarm • Plane of Obiano, Ekweremadu, Nnamani, others makes emergency landing Despite the three years of zero ...

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FG to bar AMCON debtors from official businesses, says Osinbajo

FG to bar AMCON debtors from official businesses, says Osinbajo

To boost the Asset Management Corporation of Nigeria (AMCON’s) ability to recover high-profile debts estimated at N5trillion, the Federal Government has resolved to bar debtor companies/individuals from its official businesses. Vice President, Prof. Yemi Osinbajo, who dropped the hint at ...

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Expert optimistic of market rebound, lists growth factors

Expert optimistic of market rebound, lists growth factors

A  Professor of Finance and Capital Market, and Head of Banking and Finance Department, Nasarawa State University, Keffi, Uche Joe Uwaleke, has expressed optimism that the stock market would record significant recovery by the third quarter (Q3) of this year. ...

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2.5m workers at risk as governors shun group life policy

2.5m workers at risk as governors shun group life policy

About 2.5 million civil servants in the country may miss out of the benefits of Group Life Insurance cover, following the inability of 35 states to sign on to the policy, against the mandate of Pension Reforms Act (PRA) 2014.Group ...

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NAICOM okays Casava microinsurance, others underway

NAICOM okays Casava microinsurance, others underway

Following the approval of the Casava Micro-insurance Limited to operate as a State Composite Micro-insurance Company, transacting Life and General Micro insurance Business in Lagos State, there are hopes that more are underway as applications and inquiries are on the ...

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Extra War Charge: Shippers’ Council, UASC Begin Talks Over Charges

Extra War Charge: Shippers’ Council, UASC Begin Talks Over Charges

· Schedule meeting with Global Shippers Forum leaders · STOAN, NSC file briefs at Supreme Court, expect date By Kenneth Jukpor As part of efforts to declassify Nigeria from the War Risk Zone in the international maritime community and remove the fiscal ...

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Jollicious Juliet

Jollicious Juliet

Juliet Ehimuan is a Nigerian technology expert and entrepreneur who currently serves as Google’s Country Manager in Nigeria. In August 2011, she was listed in Forbes “20 Youngest Power Women in Africa”. She holds an Executive MBA from the London ...

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Ship Acquisition: Customs, NIMASA, Operators Vary On FG Policies

Ship Acquisition: Customs, NIMASA, Operators Vary On FG Policies

By Kenneth Jukpor The absence of locally owned ships The absence of locally owned ships operating in international waters has affected the sea time training for Nigerian seafarers, and seen the indigenous ship-owners lose out in the massive earnings that ...

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Shippers’ Council Cooperative Society Holds 23rd AGM

Nigerian Shippers’ Council (NSC) Multipurpose Cooperative Society, Alhaji Bashir Ambi held its 23rd  Annual General Meeting (AGM) at the NSC headquarters last week and the members turned out to appraise their investments in the last one year. Enjoy the photos:

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Kaduna Dry Port Launches Rail Connection

 The flag-off ceremony of the commencement of cargo delivery by rail to Kaduna Inland Dry Port held last week as the Kaduna State Governor hosted maritime bigwigs in the event lauded as a milestone in Nigeria’s economic diversification. Enjoy the ...

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