Business Hilights

Tracking Nigeria's Headline Business News Online

Lucky Amiwero

Customs N11bn daily means dying manufacturing not due to border closure—Amiwero

President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero has raised an issue of urgent national importance bordering the recent claims made by the leadership of the Nigerian Customs Service (NCS). Recall that last week, the…

Emerging good port access roads to up business at ports in 2020—Sifax group

Strong indications have emerged suggesting that with the early completion of ongoing construction activities along the Apapa ports access roads, businesses at the ports especially terminal operators will rise exponentially from next year. Before now, stakeholders in Nigerian maritime industry…

‘FG’s special interest for Lagos economy killing eastern ports, nothing again’

Contrary to recent news reports that the Eastern ports of Warri, Port Harcourt, Calabar, Onne and Onitsha inland ports have remained unattractive to both shipping companies and importers due largely to insecurity and host communities hostilities, industry experts have linked…

Best form of repositioning NIMASA is to disburse TMF, CVFF, Experts tell DG

Leading maritime stakeholders have described the definition of Nigerian Maritime Administration and Safety Agency’s (NIMASA) core mandate of advancing Nigeria’s global maritime goals by the Director General, Dr Dakuku Peterside as false. The DG had at a media chat in…

Holding Bay, truckers’ village panacea to ‘Lagos Logistics Ring’—Amiwero

Just as the Executive Director, Marine and Operations at Nigerian Ports Authority (NPA), Dr Sekonte Davies has disclosed that the implementation of the ‘Lagos Logistics Ring’; made by a commissioned consultant towards ridding the seaport access roads of traffic was…

Latest W’Bank’s ranking on Trading Across Borders see Nigeria at 183rd out of the 190

At a time the federal government is planning to shut land borders against rice smuggling, latest World Bank ranking by Trading Across Borders (TAB) has put Nigeria at 183rd position out of the 190 countries it rated on Ease of…

NIMASA should go beyond talk shops, pledges to structured maritime security—Amiwero

Leading maritime stakeholder, Mr. Lucky Amiwero has called for strategic measures designed to raise Nigerian maritime security architecture if the country is ready to maintain and raise volume of foreign vessels doing business in Nigeria. Speaking in a telephone interview…

Amaechi R
ICT

Foreign shippers’ may pullout of Nigeria soon as pirates onslaughts deepen on waterways

Chances of possible collapse of Nigeria’s maritime industry are becoming glaring considering the body language of leading international shipping companies who had before now, been spending fortunes just to pass freely within the territorial waterways of Nigeria. Already, the shipping…

NIMASA DG lied in saying he lacks powers to disburse CVFF, TMF—BH Intelligence

Details showing that the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Dakuku Peterside lied in claiming that he lacks powers to disburse the intact Cabotage Vessel Financing Fund (CVFF) are embedded in the Act establishing the…

Adeosun wrongly advised on new import, export guideline policy—- Amiwero

Living encyclopedia of Nigerian maritime industry and National President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, has faulted Government’s new import, export guideline, saying the policy is structured to increase cost and cargo delays at…