Business Hilights

Tracking Nigeria's Headline Business News Online

Dr. Dakuku Peterside

NIMASA handover comments: Is it that Jamoh didn’t see what FG saw or cover up?

Barely one week after the official ouster of the Rivers State-born politician, Dr Dakuku Peterside at the Nigerian Maritime Administration and Safety Agency (NIMASA) and the takeover of Kaduna State-born maritime technocrat, Dr Bashir Jamoh, it is important to take…

Has Amaechi lost grip at power corridor as Peterside exits NIMASA?

No doubt, the ferocious approach with which former Rivers State governor and current Minister of Transportation, Chief Rotimi Amaechi swooped the entire South East and South-South in 2015 presidential election campaign against his former party, the Peoples Democratic Party (PDP),…

Finally N72b Vessel Financing Fund ready for access by shippers, but…

Ahead of planned commencement of the disbursement of the Cabotage Vessel Financing Fund (CVFF), the Federal Government has set up a committee to develop guidelines for the distribution of the fund. The Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi,…

NIMASA to honour maritime stakeholders, raise investors’ appetite to blue economy

The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to again, honour maritime stakeholders’ at the annual dinner and awards night scheduled to take place in Lagos on Saturday, January 18, 2020. A statement issued to this effect said…

NIMASA accuses attacked vessel of operating for 10 days without making contact

The porosity and poor maritime security surveillance of the Nigerian territorial waters has once again, came to the fore following this week’s attack and kidnapping of crew men aboard a tanker vessel named, ‘Nave Constellation.’ However, in its first official…

Weeks after Abuja Declaration, kidnappers hit vessel off Cotonou waters

On October 10, 2019, international delegates at the Global Maritime Security Conference (GMSC) rose at the end of the three days engagement from Monday 7th to Wednesday 9th October, at the International Conference Centre in Abuja, with a firm declaration…

Nigeria Committed to Effective Ballast Water Management—NIMASA

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has reiterated Nigeria’s commitment to the Ballast Water Management (BWM) Convention, 2004. Dakuku also said NIMASA remained determined to ensure cleaner oceans and a safe, secure…

Gbajabiamila, Oyo-Ita, Stakeholders in Lagos For African Day Of Seas, Oceans

…As Dakuku Rallies Continent For Greater Role In Marine Biodiversity Logistics arrangements are set for Thursday’s (today) celebration of the 2019 African Day of Seas and Oceans hosted by the Nigerian Maritime Administration and Safety Agency (NIMASA) in Lagos. Speaker…

El-Rufai commends Amaechi, NPA, NIMASA on rail, port leadership

Kaduna State Governor, Mallam Nasir El-Rufai, has commended the joint activities of the two leading maritime agencies, the Nigerian Ports Authority (NPA), headed by his former Chief of Staff, Hadiza Bala Usman and Director-General of Nigerian Maritime Administration and Safety…

More revenues for NIMASA as Court classifies oil rigs as cabotage paying vessels

More reactions have continued to emerge over the recent ruling by a Federal High Court that classified oil rigs as sea vessels liable to complying with the prevailing Cabotage Act of the Federal Government. In his response, the Director-General of…