Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian National Shipping Line (NNSL)

Committee on new NNSL still on track despite withdrawal of PIL—NSC boss

Contrary to fears that the recent withdrawal of interest by a leading prospective investors, PIL Shipping in the planned refloating of new Nigerian National Shipping Line (NNSL), the Executive Secretary of Nigerian Shippers’ Council (NSC), Barr. Hassan Bello has assured…

Nigerian Cadets lack sea time because local shippers’ can’t buy new vessels—Uwadia

Leading maritime stakeholder and President, Association of Marine Engineers and Surveyors (AMES), Charles Uwadia has opened up on why Nigerian Cadets are roaming the streets looking for jobs. In an interview, he said time has come to upgrade the Maritime…

‘Idle $100m cabotage fund, disservice to indigenous shipping companies’

Stakeholders’ in the nation’s maritime sector have decried the protracted silence and inactivity of the management of the Nigerian Maritime Administration and Safety Agency (NIMASA) in resuming the effective disbursement of the over $100 million Cabotage Vessel Finance Fund (CVFF)….