Hold NIMASA responsible if ship owners fail in CIF for lack of vessels—Experts
The regulator of maritime activities, Nigerian Maritime Administration and Safety Agency (NIMASA), even though was part of the new arrangement with the Nigerian national Petroleum Corporation (NNPC) to adopt the Cost Insurance and Freight (CIF) trade term rather than Free…
NPA to maximize potentials at seaport for business growth, revenue—Usman
The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured relevant Stakeholders in the Maritime Sub sector that the agency will continue to provide an enabling environment for investors to do business within the Ports across…
FAAN begins evacuation of abandoned faulty aircrafts from MMA airside
After years of warnings and ultimatums, the Federal Airports Authority of Nigeria (FAAN) on Monday began evacuation of abandoned aircraft at the airside of the Murtala Muhammed International Airport (MMIA), Lagos. The General Manager, Corporate Communications of FAAN, Mrs Henrietta…
SAATM implementation’ll grow Nigeria’s aviation industry with speed
Following the recent establishment and inauguration of the Single African Air Transport Market (SAATM) in Addis Ababa, Ethiopia, weekend at the ongoing African Union Summit, analysts are beginning to make projections that more Nigerians will begin to move by air…
Should banks’ solvency be dependent on governments’ deposits or capital base?
An issue of urgent financial importance is building up to boiling level in the nation’s banking sector. Otherwise, since the introduction of Treasury Single Account (TSA) policy by the federal government in September 2015, there had been rising cases of…
Herdsmen technically dragging Nigeria to food crisis as farmers’ flee farms–Report
A new report released by Business Hilights Intelligence Unit (BHIU), the research arm of the Business Hilights Online Publications, captioned: ‘The Multiplier Effects of growing Nationwide Attacks by Fulani Herdsmen’, has raised an issue of urgent national importance. According to…
Delays in funding agreements hampering progress at Lekki Deep Seaport–ICRC
Real cause of slow construction activities at the proposed Lekki Deep Seaport site in Lagos has been unveiled. Speaking during an assessment tour of the seaport on Friday, the Director-General, Infrastructure Concession Regulatory Commission (ICRC), Chidi Izuwah said the concessionaires…
We said it: Adrian Wood’s Teleology now preferred bidder for 9mobile
Indications emerged weekend that the interim board of 9mobile is set to give ownership nod to Teleology Holdings Limited as the preferred bidder for 9mobile. The embattled telecom is Nigeria’s fourth-largest mobile network which last year ran into the murky…
NBC explains why Yabatech Radio Station’s takeoff is facing delay
For the effective takeoff of the two proposed Yaba College of Technology’s (Yabatech) Radio Stations, the institution needs to apply for a separate licence of another 20 Watt for Epe Campus while the initial licence of 20Watt transmitter for…
NCC, PwC to unveil new rules on MVT rates in Lagos on Thursday
All is set for the presentation of findings on the cost based study for the determination of Mobile Voice Termination (MVT) Rates in Nigeria by the Nigerian Communications Commission (NCC) on Thursday, February 1, 2018. In a statement, the regulator…
