Governor of the CentralBank of Nigeria, Mallam Sanusi Lamido Sanusi will unfold his plans for the Organised Private Sector(OPS) at an interactive forum being organised by the Lagos Chamber of Commerce and Industry on Friday 14th August, 2009.

The Minister of Commerce and Industry, Chief Achike Udenwa might endorse Banquaires Facilities Int’l Ltd’s(bf) blueprint to restore the nation’s comatose textile industry to its lost glory.

Nigeria – Malaysia Business Council has floated an Enterprise Empowerment and Training Unit, saying the move is to assist local entrepreneurs to grow their businesses profitably using the experience and expertise of Malaysia companies’s model.

Bilateral trade between Nigeria and Sweden has been growing by 20 percent per annum.
“Swedish and Nigerian trade totalled $500 million in 2008, and has grown more than 20 per cent per year since 2005,” said Chief Olayinka Ogunmekan, President of the Chamber.

As a means of curbing the continuos dominance of Cabotage operations in the country by foreign shipowners, the federal government is to acquire a dump vessel for every petroleum product shipped into the country before the end of the year for proper monitoring.

THE National Council of Managing Directors of Licensed Customs Agents (NCMDLA) and the National Association of Government Approved Freight Forwarders (NAGAFF) are currently at each other’s throat over the leadership of the later.

THE Delta State School of Marine Technology in Burutu has begun the recruitment of workers to fill the various positions for its take off, just as it has also commenced moves to affiliate the institution to a foreign academy abroad.

THE management of the Nigerian Maritime Administration and Safety Agency has sacked twenty-two workers in the organization who the management claimed were employed without following due process, an action that is at variance with rule of law policy of the President Umoru Yar’Adua’s administration.

SOME members of the Association of Nigerian Licensed Customs Agents (ANLCA) have gone to court to stop the chapter elections of the association being midwife by Alhaji Inua Mohammed led Association Electoral Commission (ASECO).

THE management of Nigerian Maritime Administration and Safety Agency NIMASA, has sacked twenty-two workers in the agency who the management claimed were employed without following due process, an action that is at variance with rule of law policy of the President Umoru Yar’Adua’s administration.The Board it was learnt at its meeting of 29th July 2009 reviewed the recruitment exercise of the concerned staffers which did not follow laid down procedures and consequently cancelled the recruitment exercise of the 22 officers.

The 536 personnel trained by the Nigerian Ports Authority (NPA) at its Technical Training Centre between 2003 and 2007 Monday stormed the Marina headquarters of the authority demanding that management should absorb them in line with the agreement reached with NPA before they were admitted for the programme.

African Cycle Pollution Management Limited has expended not less than $43 million in a determination to reduce ship pollution and cargo residue on the nation’s waters to create cleaner sea for shipping operation in Nigeria.

Following the agitations by individuals, companies and thenorganised private sector (OPS) over multiple taxation, the federal government has announced plans to introduce measures that will help address the issue and thus boost its revenue profile in the years ahead.

First City Monument Bank Plc (FCMB) has been named the “Best Telecom Supporting Bank in Nigeria” for the year 2009 at the Nigerian Annual Telecoms Awards.

By Godfrey Bivbere FinBank plc has part  nered an indigenous shipping company, Jevkon Oil and Gas Limited, to acquire a 2006 built, double hull vessel, MT Breakthrough to the turn of N156 million ($10.4 million). The bank’s decision to embark on the financing of the vessel acquisition hinges on the its belief that shipping takes […]