Business Hilights

Tracking Nigeria's Headline Business News Online

Dr. Dakuku Peterside

Abuja MoU on shipping deepening standardization of vessels—Usoro

Latest report by the Abuja Memorandum of Understanding (MoU) on Port State Control (PSC) for West and Central Africa Region, otherwise known as Abuja MoU, has shown rise in shipping discipline and operational efficiency within the sub regional territorial waters….

India warns seafarers to avoid Nigeria, Gulf of Guinea as piracy escalates

In a terse circular sent to its indigenous ship owners and shipping companies, India’s Directorate General of Shipping in Mumbai has warned them to avoid Nigeria and Gulf of Guinea on grounds of increasing rate of piracy and hijacking of…

NIMASA can’t speak on national fleet, only serving Minister can decide—Expert

Since the Director General of NIMASA, Dr. Dakuku Peterside addressed a media breakfast meeting on the sideline of the ongoing Nor Shipping Conference and Exhibition in Oslo, Norway, saying arrangements are nearing conclusion on floating of new national shipping line,…

Nigerian shippers’ mock NIMASA DG over assurance on disbursing CVFF

More outrages are still pouring out from major players in Nigeria’s local shipping circle following weekend’s comment by the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside. Business Hilights recalls that on Sunday, May 26, in…

Official commitment for DBP must begin with assenting Antipiracy Bill—Expert

Maritime security pundit and Gulf of Guinea analyst, Dr. Pius Aduda has described Federal Government’s attention to Nigeria’s maritime security considering waves of attacks on ships and crew members as cosmetics as long as the Antipiracy Bill remained unassented to…

Africa must plan mitigation measures on potential risk elements of BRI—NIMASA

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Chinese Belt and Road Initiative (BRI), also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, may pose…

NIMASA begins strict compliance to 0.5% sulphur limit on ships calling Nigeria

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has made it clear that the Agency will enforce strict compliance to the International Maritime Organisation regulation which puts a maximum of 0.5% sulphur cap…

NIMASA warns against marine operational mishandling capable of causing accidents

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged players in the maritime sector especially enforcement officers to comply with safety rules that would eliminate marine accidents and other related issues that…

Korean envoy visits NIMASA, seeks action on rescue of hijacked Korean MV. Glarus

The Consular-General of the Korean Embassy in Nigeria, Mr. Kim In-Taek has paid a courtesy visit to the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, seeking for early release of hijacked Korean vessel within…

NIMASA reads riot act to IOCs, says no more Cabotage waivers

Following barrage of criticisms on the inability of the agency to disburse Cabotage Vessel Financing Fund (CVFF) amongst indigenous shippers to deepen their capacity, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said…