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Government Reassures Stakeholders on VehCAP Implementation By prince Benson Davies The Federal Government has assured stakeholders in the automotive industry that the Vehicle Conformity Assessment Programme (VehCAP) is designed to enhance safety and transparency without disrupting trade or causing delays ...
Read More »Tobacco Control Funding Inadequate,CAPPA Says
Tobacco Control Funding Inadequate, CAPPA Says By prince Benson Davies World Health Day 2026: Fix Nigeria’s Health Budgeting and Policy Crises, CAPPA Urges Govt As Nigeria joins the global community to mark World Health Day 2026 today, Corporate Accountability and ...
Read More »Nigeria Remains Strong in Petroleum Supply Amid Global Challenges – NPA
Nigeria Remains Strong in Petroleum Supply Amid Global Challenges – NPA By prince Benson Davies The Nigerian Ports Authority (NPA) has facilitated the exportation of over 500,000 tonnes of petroleum products from the Dangote Refinery to other African countries in ...
Read More »Customs Collaborate to Curb Fuel Smuggling in Seme Command
Customs Collaborate to Curb Fuel Smuggling in Seme Command By prince Benson Davies The National Coordinator of Operation Whirlwind, Deputy Comptroller Abubakar Lucky Aliyu, has been touring various customs units and commands nationwide to strengthen collaboration with Area Controllers and ...
Read More »Maritime Sector Key to Economic Diversification – Oyetola
Maritime Sector Key to Economic Diversification – Oyetola The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed its 2026 Sectoral Performance Bond, reaffirming its commitment to accountability and improved performance. The event was overseen by Minister of Marine and ...
Read More »Nigeria Fidelity Bank Collaborates with AFG to Expand Aviation Industry
Nigeria Fidelity Bank Collaborates with AFG to Expand Aviation Industry By prince Benson Leading financial institution, Fidelity Bank Plc, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation sector in ...
Read More »Union Bank Looted: How former directors gambled with billions and nearly destroyed a national bank
Union Bank Looted: How former directors gambled with billions and nearly destroyed a national bank The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign ...
Read More »DG NIMASA Encourages Nigerians to Embody Easter Value.
DG NIMASA Encourages Nigerians to Embody Easter Value. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has sent an Easter message to Christians, urging them to reflect on the ideals of Christianity and ...
Read More »Investor Confidence key to Port Concession Agreements,Says NPA By our Correspondent The Nigerian Ports Authority (NPA) has defended its decision to delay renewing port concession agreements, citing the need for a thorough review to strengthen investor confidence and avoid future disputes. NPA Managing Director, Dr. Abubakar Dantsoho, stated that the government is focused on correcting structural issues in existing agreements before approving renewals. Dantsoho acknowledged concerns from terminal operators over uncertainty but emphasized that a flawed agreement would do more harm than a delayed one. “The end justifies the means. It is better to get it right than to rush into agreements that will be challenged later,” he said. He noted that both NPA and concessionaires had raised concerns over unmet obligations, which must be resolved before any extension. The NPA is prioritizing clarity and legal certainty in the agreements, as investors are more interested in a stable and secure environment than speedy approvals. “No investor will put money where the legal framework is weak. What matters is the quality of the agreement, not how fast it is signed,” Dantsoho added. The review process may lead to new investors taking over if existing operators choose not to continue. Dantsoho also warned operators of inland container depots and bonded terminals to adapt to changing realities, stating that declining congestion may render their current business models obsolete. “They played their role during congestion. But business is dynamic. They must restrategise,” he said. The NPA’s stance aims to ensure sustainable growth and development in the maritime sector.
Investor Confidence key to Port Concession Agreements,Says NPA By our Correspondent The Nigerian Ports Authority (NPA) has defended its decision to delay renewing port concession agreements, citing the need for a thorough review to strengthen investor ...
Read More »NPA Warns ICD,Bonded Terminal Operators to Adapt or Risk Obsolescence
NPA Warns ICD,Bonded Terminal Operators to Adapt or Risk Obsolescence The Nigerian Ports Authority (NPA) is prioritizing resolving structural issues in existing port concession agreements before renewing them with current terminal operators. NPA Managing Director, Dr. Abubakar Dantsoho, ...
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