Business Hilights

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Business Hilights

Tincan Island Ports Customs Command ends training for Maritime Journalists

Customs Area Controller of Tincan Island Port Command, Mr. Yusuf Bashar giving his closing remarks to participants at the closing ceremony for training of first Batch of Maritime Editors in Lagos. He said the training is part of the Commands…

SNEPCo hails indigenous contractors on successful FPSO TAM

Shell Nigeria Exploration and Production Company (SNEPCo) has confessed the merits of Nigerian local content policy in the oil and gas sector following the use of local contractors to successfully complete Turnaround Maintenance (TAM) on its deep-offshore Floating, Production, Storage…

Confusion over which ministry should fix Ports access roads delaying repairs—Amaechi

A clear picture of what has been frustrating the take off of reconstruction works on the failed Apapa ports access road had been made public by the Minister of Transportation, Rotimi Amaechi. Speaking as a guest of honour at the…

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ICT

CAC portal hang-up forces consultants to flee Abuja, 5 others to manual states—Survey

More confusion and anxiety are brewing since Monday the Corporate Affairs Commission (CAC) struck out manual company registration in five states of the federation including Abuja, Enugu, Kano, Kaduna, Lagos, and Port-Harcourt. A top official of the association of lawyers…

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ICT

Again, Nigeria Immigration Service flags off another round of recruitment

Official indication has emerged showing that the management of the Nigeria Immigration Service (NIS) has begun recruitment into the service for 2017. An advertorial placed on its website, and seen by Business Hilights showed that there is a dedicated portal…

Why we asked for Office of the Valuer-General of the federation—Ukpong, NIESV boss

The Chairman of Lagos State Chapter of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Offiong Ukpong has given fresh insights on why the professional body came up with the need for the creation of the Office of…

New 5% charge on tax defaulters to become effective July 1—FG

Federal government has become more serious in fighting tax evasion following the recent introduction measures to sanction tax defaulters who delay transmission of annual returns. Otherwise, it would from July 1, 2017, impose additional 5 per cent charge on firms…

Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando

Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach 2.2 million barrels per day (bpd) by the end of…

FG deepens boost for tomato production with new production policy

Barely one month after the Dangote Tomato factory resumed operations in Kano, the Federal Government on Tuesday announced a new policy for tomatoes to drive massive investments in the sub sector. The new policy is designed to grow the production…

Transport

Maritime expert, Amiwero lists three factors foreign investors consider in decision making

More reasons have emerged on why foreign direct investment (FDI) has ebbed since last year to date. Leading maritime stakeholder and President of National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Mr. Lucky Amiwero Monday listed three key…