Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2020

Jamoh: NIMASA Poised to Safeguard Dockworkers’ Welfare, Rights

…Seeks more collaboration with stevedoring companies The Nigerian Maritime Administration and Safety Agency (NIMASA) has declared a renewed commitment towards furthering the interest of stevedores as captured in the 2014 Stevedoring Regulation. Director-General of NIMASA, Dr. Bashir Jamoh, disclosed this…

Bristow shows commitment to safety with COVID-19 Rescue

Bristow Helicopters Nigeria, one of the leading providers of the aviation services to the global offshore energy industry swung into full safety mode to tackle the coronavirus COVID-19 pandemic. In accordance with safety measures and efforts to halt the spread…

Delta Air Lines’ new partnership to advance Delta CareStandard and disinfection protocols

Delta is partnering with RB, the makers of Lysol®, to drive greater confidence in travel by innovating cleaner more hygienic experiences for customers and employees, alike. The partnership will pair Delta’s strength in safety and operational rigor with Lysol’s 130…

Shareholders Applaud NASCON’s Prompt Dividend Payment

…Urge Company to Target more Markets Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited have expressed satisfaction at the performance of the company but tasked the food seasoning company to expand its market share so as…

NSE Commemorates Seplat Plc 10-Year Anniversary, Welcomes Incoming CEO

Seplat Petroleum Development Company Plc (Seplat Plc) has achieved significant milestones in the 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges. This was highlighted during the virtual…

African Development Bank approves $27 million to boost African Union’s COVID-19 Response Initiative

The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of State and Government with Africa’s private sector on 22 April 2020 The African Development Bank (http://www.AfDB.org) on Friday 24 July…

ICT

NCC explains reasons for revising Complaints Categories and Service Level Agreements

… Says revision to strengthen consumer protection The Nigerian Communications Commission (NCC) said it undertook a revision of the framework stipulating the processes for resolving consumer complaints arising from service delivery by telecoms operator in order to achieve greater effectiveness…

UBA Reiterates Importance of Small Businesses, Hosts MSME Workshop

In its continuous bid to support the growth of Micro Small and Medium Enterprises (MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is…

Importers besiege shippers’ council with demurrage complaints

Nigerian Shippers’ Council has been inundated with complaints against shipping companies/agencies, seaport terminal operators and off-dock terminals on the arbitrary levy of container demurrage, storage and transfer charges on innocent consignees, for transportation of cargoes to off-dock terminals unilaterally initiated…

NIMASA, Customs to Check Temporary Import Permit Abuse

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Customs Service (NCS) have agreed to join forces to close loopholes in the Temporary Importation Permit (TIP) system that importers often exploit to avoid levies due to the government. …