Business Hilights

Tracking Nigeria's Headline Business News Online

NPA

NPA receives Barge operators of Nigeria

The management of the Nigerian ports Authority (NPA) has received the Executives of Barge operators of Nigeria who came to sympathize with the Authority concerning the fire that burnt down its corporate headquarters Marina Lagos. The Executives Director marine and…

Relief measures to port users due to outbreak of COVID-19

The Nigerian Ports Authority has directed all Terminal operators to extend thesuspension of all applicable terminal storage fees on consignments(demurrage)for another fourteen days effective April 13, 2020. This follows the extension of the Lockdown in response to the COVID-19 outbreak…

NPA, other shareholders donate Agura Hotel as Isolation Centre

…Suspends applicable terminal storage fees on consignments The Nigerian Ports Authority as majority shareholders alongsideothershareholders of the Agura Hotels, Abuja, have agreed to donate the 130-bedfully furnished hotel as isolation centre for COVID-19 in Abuja. This is a social responsibility…

Nigeria missing in planned Africa Blue Economy Forum conference in Tunis

Nigerian maritime business stakeholders are yet to understand why upon the nation’s strategic position in Africa’s maritime industry; it has no speaker at the upcoming Africa Blue Economy Forum (ABEF) in Tunis on June 25-26. Business Hilights gathered that confirmed…

World Bank Nigeria
ICT

FG yet to complete forensic audit of NCC, Customs accounts

The Minister of Finance, Mrs. Kemi Adeosun, has revealed that the accounts of two major revenue generating agencies of the government including the Nigerian Communications Commission (NCC) and Nigerian Customs Service (NCS) are still outstanding and yet to be audited….

Heavy national losses loom if NPA fails to reinstate Intels agreement

The sudden termination of the 17 years pilotage monitoring and supervision agreement with leading maritime logistics firm, Integrated Logistics Services Nigeria Limited (Intels), by the Nigerian Ports Authority’s (NPA) is still trending and causing disquiet both within and outside the…

NPA now working on transfer of pilotage service to another firm—Usman

Indications emerged on Monday showing that chances of change of mind on the termination of its pilotage monitoring and supervision agreement with maritime logistics firm, Integrated Logistics Services Nigeria Limited (Intels), by the Nigerian Ports Authority’s (NPA) may have been…

It’s unprofitable to continue use of any Lagos port now—Experts

Leading port users in Lagos have called on the government to shutdown all two Lagos ports including Apapa and Tincan on grounds growing loses in doing business at the ports. Chairman of International Freight Forwarders Association, PTML Chapter, Sunny Nnebe,…

Buhari excited on Dangote, FMN, NPA partnership over Apapa-Wharf Road—Minister

The Minister of Power, Works and Housing, Mr. Babatunde Fashola has revealed that President Muhammadu Buhari was highly astonished on hearing that Alhaji Aliko Dangote agreed to pull resources together with Flour Mills of Nigeria (FMN) and the Nigerian Ports…