Home / Business and Economy

Business and Economy

NIMASA pledges to redouble efforts to reposition maritime sector … Bags Federal Agency of the Year Award … Dedicates honour to stakeholders

The Nigerian Maritime Administration and Safety Agency (NIMASA) says it would intensify its efforts to reposition the maritime industry in Nigeria, as the agency moves to become a leading maritime administration in Africa. The Director-General of NIMASA, Dr. Dakuku Peterside, stated this last week in Lagos during the Independent Newspapers …

Read More »

Konga, Visa partner to drive value offerings in e-commerce sector 

 E-commerce giant Konga has partnered with Visa, the world’s leader in digital payments to revolutionize the e-commerce sector in Nigeria. By leveraging the delivery of digital and secure payments solutions across key segments of the Konga Group’s business portfolio, the strategic partnership is positioned to drive greater efficiency in the …

Read More »

Maritime sector growth: Dangote, Sifax boss hail fresh initiative … NIMASA Maritime Industry Awards Will Refocus Nigeria – Dakuku

 The Chairman and Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, and the Group Executive Vice Chairman of SIFAX Group, Dr. Taiwo Afolabi, on Friday joined other stakeholders in the Nigerian maritime sector to hail fresh initiatives by the Nigerian Maritime Administration and Safety Agency (NIMASA) towards realisation of …

Read More »

22 Nigerian scholars conduct research in Shell Sabbatical/ Internship Programme

Twenty-two members of the academia from 12 Nigerian  universities have begun research attachments at The Shell Petroleum Development Companies of Nigeria (SPDC) in several fields of study in the latest phase of the sabbatical and internship programme of the SPDC Joint Venture which was introduced in 1980. The number represents 13 …

Read More »

New minimum wage: Tambuwal calls for review of revenue sharing formula, backs NLC demands

Danjuma James, Sokoto Governor Aminu Tambuwal of Sokoto state has  urged Labour Leaders in the country  to intensify agitation for the review of the nation’s revenue sharing formula. He stated this Wednesday  while receiving NLC members at Government house Sokoto who staged a rally agitating for the implementation of  N30,000 …

Read More »

SPDC announces FID on Assa North Gas Project …targets 300 million cubic feet gas for domestic market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State, a major momentum to the domestic gas aspiration of the Federal Government for increased power generation and industrialisation. At peak production, the project is …

Read More »

Wage: Nigeria Dock labour gets new lease of life   …As NIMASA, STOAN, MWUN others sign Collective Bargaining Agreement 

  In a bid to ensure a better living standard for dock workers in the Nigeria maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) alongside other associations in the sector under the aegis of the National Joint Industrial Council (NJIC) have signed a Collective Bargaining Agreement (CBA), which …

Read More »

Maritime, logistics, heartbeat of globalisation – Dakuku   …Bags CILT Fellowship Award

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has said that the maritime sector and logistics are the driving force behind globalisation, stressing that everything about trade and development is centred on maritime transport and logistics. Dakuku stated this at the inauguration of Council …

Read More »

$60 million Ikwe-Onna Refinery to commence operation *FG hails operators, says modular refinery will stop illegal activities in Niger Delta

Dennis Udoma The project execution phase of the $60 million United States Dollars (USD) 5,000 barrels per day Ikwe-Onna Modular Refinery has commenced in Akwa Ibom State. The Ikwe-Onna refinery, incorporated in 2016, it would be recalled, was granted Authority To Construct (ATC) license barely few months ago by the …

Read More »