Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Maritime Administration and Safety Agency (NIMASA)

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…

Appeal Court dashes NIMASA’s hope of generating revenue from oil rigs

Barely few days after a Lagos Federal High Court ruled that oil drilling rig fall within the cabotage regime which means that the NIMASA can collect revenue on rigs as it does on other sea vessels, the Court of Appeal…

NIMASA/Stakeholders Committee on Cabotage to drive CVFF, others—Omatseye

Former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) and chairman of the newly inaugurated NIMASA/ Stakeholders Joint Committee on implementation of NIMASA’s five year strategic plan for cessation of grant of Cabotage waivers, Barr. Temisan Omatseye,…

IMB rubbishes NIMASA claims, says Nigerian waters remain centre for sea crimes

Contrary to recent claims by the leadership of the Nigerian Maritime Administration and Safety Agency (NIMASA) that Nigerian territorial waters have started observing calmness in pirate attacks, new report by the International Maritime Bureau (IMB) has averred that Nigeria is…

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…

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…

NIMASA commits to global best practices, begins pilot vessel emission control

The Nigerian Maritime Administration and Safety Agency (NIMASA) has relied on the landmark inaugural installation ceremony of the Thorium-X tablet, a fuel consumption data collection device, on board a Nigerian-flagged fuel tanker vessel, MT KINGIS to commence the process of…

Spanish Navy exposes NIMASA, IMB claims on Q1 piracy free Nigeria

Barely one week after the management of Nigerian Maritime Administration and Safety Agency (NIMASA) issued a press release calming that a report by International Maritime Bureau (IMB), showed that first quarter of 2019 presented an increased level of safety in…

NIMASA claims faulted as ships still pay for escorts in, out of Nigerian waters

Even though the International Maritime Bureau (IMB), a specialised department of the International Chamber of Commerce, has released its report for the first quarter of 2019 showing an increased level of safety in the Nigerian Maritime Domain, checks in several…

NIMASA, NCDMB shipbuilding dream shattered by failed assent to Ajaokuta Steel Bill

The bogus five-year plan to ease out granting of cabotage waivers and takeoff of indigenous shipbuilding industry may have been dead on arrival as both the body language of the Presidency and experts views run contrary to the claims of…