Business Hilights

Tracking Nigeria's Headline Business News Online


COVID 19: FG Considers Tax Holiday for Maritime Sector

As part of drive to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the sector. Director-General of the Nigerian Maritime…

Effective Public Service will Grow Nigeria’s Economy—Jamoh

Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has emphasized  the importance of efficient and effective Public Service to Nigeria’s economic prosperity. This was as he stated the Agency’s commitment to collaborate with the Bureau…

Despite Covid-19, Nigeria Securing More Sea Time for Cadets

…NSDP Progressing As Planned-Jamoh The Nigerian Maritime Administration and Safety Agency (NIMASA) has made significant progress in securing sea time berths for cadets trained under the Nigerian Seafarers Development Programme (NSDP), despite the limitations of the coronavirus pandemic. Director-General of…

Crude Affreightment: NIMASA Revives Move to Change Terms of Trade

…Seeks new maritime security strategy The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian crude oil from Free on Board (FOB) to Cost Insurance and Freight (CIF)….