NEWS LENS

…Says Maritime & Logistics, Heartbeat Of Globalization The Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has pointed out the maritime sector and logistics as the driving force behind globalization, stressing that everything about trade …

The Nigerian Stock Exchange (NSE) has admitted 406,074,000 ordinary shares of 50 kobo each at N4.65 per share for Skyway Aviation Handling Company Limited (SAHCOL), following four years scarcity of Initial Public Offerings (IPOs) in the nation’s capital market. The …

With a prospect to generate over $8 billion yearly, the maritime sector has the resources to propel the desired growth in the nation’s economy, stakeholders have said. To fully optimise the industry capacity, they stressed the need for the Federal …

The Managing Director of Nigerian Ports Authority, Hadiza Bala-Usman has admonished officers in the Fire Service Department of the Authority to rededicate themselves to the vision, mission and core values of the Authority by displaying professional ability and agility and …

Create coastal jobs for restive youths- Ogbeifun By Kenneth Jukpor Worried by the growing global misconception of security threats on Nigerian territorial waters and the nation’s recent abysmal rating by the International Maritime Bureau (IMB) on the state of piracy, …

International Air Transport Association (IATA) has predicted a $300 million net loss for African carriers next year.According to the Geneva-based apex aviation body, this is a slight improvement from the $400 million net loss recorded by airlines in the region …

As part of efforts to reward employees who have dedicated several years to SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, the company organized 2018 Long Service Award where …

The Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS) has intercepted 3,792 parcels of Indian hemp of worth over N379 million, smuggled into the country from Ghana. While displaying the seizures to newsmen in Lagos yesterday, …

By Kenneth Jukpor The Chartered Institute of Logistics and Transport (CILT) Nigeria has projected that the transport sector could contribute up to 8% to the nation’s Gross Domestic Product (GDP) one year after CILT Act is enforced. The National President …

To spur favorable competitiveness in international trade, experts in the logistics supply chain have stressed the need for Nigeria to implement the provisions of the Trade Facilitation Agreement (TFA) when it comes into force. They argued that since Nigeria has …

The lingering crisis rocking the Association of Nigeria Licensed Customs Agents (ANLCA), has led to the birthed a new group, which emerged, from nine chapters under the Western Zone of the association. The new faction, headed by its Western Zonal …

Efforts to by the Central Bank of Nigeria (CBN), to encourage manufacturers to explore local raw materials for production by placing restriction on 42 items and related by-products from the foreign exchange market, may have witnessed a slowdown as a …

Stakeholders in the maritime industry have stated that the successes recorded by the Nigerian Navy (NN) in the fight against piracy, sea robbery and other illegalities in Nigerian waters in recent times would help to boost international trade in the …

By Kenneth Jukpor The Nigerian Aviation Handling Company (NAHCO) has commended Nigerian Shippers’ Council (NSC) for its intervention which led to stoppage of a one hundred and fifty thousand naira (N150,000.00k) charge by the Federal Airports Authority of Nigeria (FAAN) …

·Pirates, problem of Eastern ports-BUA · NIMASA must justify sea protection levy collection –  Capt. Iheanacho By Kenneth Jukpor Nigerian territorial waters have become safe haven for pirates with the highest number of pirate incidents, despite the award of the security …

Although the current legislative administration closes in few months, the Senate Committee on Marine Transport has reiterated commitment to partner with stakeholders in the sector in the bid to ensure the passage of proper legislation to harness the opportunities that …

Dana Air has concluded the re-certification exercise of the Nigerian Civil Aviation Authority (NCAA), earning a clean bill of health from the apex regulatory body. The airlines said the revalidation was an incentive to do more, especially offering its guests …

The Minister of Transportation, Hon. Rotimi Amaechi and the Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah are expected to grace the second edition of the Nigeria Ship Finance Conference and Exhibition (NISFCOE) which comes up on December 18th, …

As part of efforts to reposition the nation’s port sector, maritime experts have called for a change from the federal government’s overemphasis on tariffs and rates in the shipping and port sector to a system that guarantees efficiency and allows …

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, said the Authority had remitted over N11.3 billion being part of the 2018 business operations’ surplus to the Federal Government coffers this year. Bala Usman, who made this known in …