Business Hilights

Tracking Nigeria's Headline Business News Online

Mr. Greg Ogbeifun

Shipping dying in Nigeria due to poor access to funding for new vessels—Ogbeifun

National President of Ship Owners Association of Nigeria (SOAN), Mr. Greg Ogbeifun, has given insights on the reasons behind Nigeria’s failing fortunes in regional and global shipping competitiveness. In an interview, he said the 14 years of non-disbursement of Cabotage…

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…