NIMASA set to review Shipwreck removal process to record more efficiency—DG
Having observed the rising volume of abandoned but wrecked vessels dotting virtually all the territorial water bodies, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has said the Agency will revisit the procedure of…
Turkish Airline really crashed on Hong Kong route, killing 37
Contrary to a statement issued Tuesday by the management of Turkish Airlines denying any form of air accident involving its flights from Hong Gong to Bishkek Manas International Airport (FRU), the said Turkish cargo plane crashed in Kyrgyzstan, killing at…
Expert faults new BoI’s loan condition to manufacturers
Industrial analyst and development economist, Dr. Chijioke Mbanalu has raised strong objection to the new condition introduced by the Bank of Industry (BoI), saying it amounts to the growing number of multiple taxation which manufacturers had been complaining over the…
Only 27.511m out of 95.25m bank accounts captured in BVN, 32.2% dormant
Fresh statistics released by the Nigeria Inter Bank Settlement System (NIBSS) has presented bleak picture in the nation’s banking industry as out of the total bank accounts in the country which stood at 95.25 million, only 27.511 million were captured…
Continued delay in concessioning Onitsha Port, a disservice to Ndigbo—traders
A top businessman and one of the major importers doing business at Onitsha Head bridge market, Chief Nduka Obiorah has called on the Federal Ministry of Transportation to mount pressure on the Bureau of Public Enterprise (BPE) to do the…
Shippers’ Council most reformist maritime agency in 2016—Business Hilights Report
As the year rolls away, a review of activities in the maritime sector within 2016 has shown that apart from the fact that most of the agencies in the sector were driving their performance only in the media, a survey…
Car dealers, Customs differ in solutions over land border vehicle imports ban
Since the December 31st deadline for cessation car imports via the land borders, a lot has happened in the sub sector. First, there was large number of abandoned cars that were trapped across the borders on the expiration of the…
Lack of local content policy in ICT sector porting jobs to India, China
Fresh discovery has emerged indicating that the near absence of local content policy in the operations and growth of Information and Communications Technology (ICT) in the country has provided window of escape for mega firms to be hiring more foreigners…
Opportunities in ICT can turn Nigerian youths to billionaires if…Ekeh
Leading pioneer investor in Nigeria’s Information and Communications Technology (ICT) sector and chairman of Zinox Group, Dr. Leo Stan Ekeh has once again submitted that ICT sector remains one of the best sectors that can create the highest number of…
