Business Hilights

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SIFAX Group

Emerging good port access roads to up business at ports in 2020—Sifax group

Strong indications have emerged suggesting that with the early completion of ongoing construction activities along the Apapa ports access roads, businesses at the ports especially terminal operators will rise exponentially from next year. Before now, stakeholders in Nigerian maritime industry…

SIFAX Group unveils five-year business growth plan in five sectors

Leading indigenous conglomerate in the Maritime, Aviation, Oil and Gas and the Hospitality business, SIFAX Group, earlier in the week in Lagos launched a new, five-year business-growth plan to deepen investments in core areas of interest. Group Managing Director, Adekunle…

SIFAX Group boss, Afolabi gives insights on latest investment in Gambia

The Group Executive Vice Chairman of transport logistics conglomerate, SIFAX Group, Dr. Taiwo Afolabi has explained the rationale behind SIFAX Group’s proposed investment in Gambia. He noted that the desire to contribute meaningfully to the rebuilding of the country’s economy…

Conferees at TAAM 3.0 draw roadmap for reducing port costs on businesses’

Leading maritime industry stakeholders’ at the recent third Taiwo Afolabi Annual Maritime (TAAM) Conference have reviewed activities and key challenges hindering ease of doing business and came up with roadmap for reforms that will drive down port cost on businesses….

SIFAX Group expands to Gambia, seals bid to build, operate Dry Port

Leading maritime conglomerate with clinical interests in Aviation, Haulage & Logistics, Oil & Gas and Hospitality, SIFAX group has signed a Memorandum of Understanding (MOU) with the government of Gambia to build and operate a dry port in the country’s…

Taiwo Afolabi Maritime summit to attract industry eagles, Sarumi, Folarin to speak

Confirmations have emerged on the presence of leading industry stakeholders at third edition of the Taiwo Afolabi Annual Maritime Conference, coming up on August 17, 2018 at the University of Lagos. Already, Chief Adebayo Sarumi, former Managing Director, Nigeria Ports…

One of the biggest issues bedeviling Nigeria is unemployment—Sifax PRO

The head of public relations at Sifax Group, a leading sea and air logistics firm, Mr. Muyiwa Akande has disclosed that “The rate at which higher institutions of learning churn out graduates is far higher when compared with the jobs…

SIFAX deepens operational efficiency in haulage with new 20 trucks

Leading integrated maritime services giant, SIFAX Haulage and Logistics Limited, a subsidiary of SIFAX Group, has grossed its haulage capacity in Lagos as it takes delivery of 20 brand new 420 horsepower European trucks. Business Hilights gathered that 10 of…

SIFAX Group-led consortium wins Warri Port Terminal concession

The Bureau of Public Enterprises (BPE) has declared indigenous maritime services company, Ocean and Cargo Terminal Services Limited, a SIFAX Group-led consortium, preferred bidder of Terminal B, Warri Old Port. The event had in attendance the representatives of the National…

Cost implications of palletization can frustrate maritime industry–Experts

Stakeholders at the nation’s maritime industry recently came up with strong opposition to the new federal government policy of cargo palletization, saying the idea will not only raise costs of doing business at the ports, but breed corruption. Experts who…