Thursday, 23 October 2014

West African Students Union honours Sifax boss, Afolabi

The Clerk of the West African Students Union Parliament (WASUP), Hameed Coulibally,presenting the Kwane Nkrumah exemplanary leadership honour to the representative of the Group Executive Vice Chairman (GEVC) of Sifax group, Dr Phil Ofulue while the Special Assistant to the GEVC, Ezeikeil Ajewole, and the Director General of Djiboti Consulate, Folake Rojas admire.

The West African Students Union Parliament has honoured the group Executive Vice Chairman of Sifax Group, Barr. Taiwo Afolabi, with the prestigious Kwame Nkrumah exemplary leadership award. 

The award was on Monday bestowed on Afolabi by the leaders of the students parliament headed by the leader of the group, Daniel Nwachukwu.

UK mounts maritime response to Ebola crisis

The response of the international community to the Ebola crisis in West Africa continues to ratchet up, with London dispatching a maritime-based medical task force (MTF) to Sierra Leone.
Civilian and military medical personnel with stores and equipment are currently on passage to the former British colony on board the ‘Argus’.

REVEALED! Why Nigeria may not have new ports soon ... As Lekki Port promoters shift take-off again

Nigeria is not anywhere near to getting new seaports anytime soon, developments have shown.

Working with the Nigerian Ports Authority (NPA), the host states and private investors, the Federal Government, through the public private partnership (PPP) initiative, is working at establishing additional seaports in various locations to ease the pressure on the existing ports.

Tax recovery: FIRS storms 6 coys owing over N2.3bn in Lagos

 For the second time in October, the Federal Inland Revenue Service (FIRS) has tackled companies defaulting in tax payment and remittance to the Federal Government.
It would be recalled that the FIRS had on Oct. 3 clamped down on some oil companies in Lagos for failing to pay their taxes.
In this fresh exercise which took place on Tuesday in Lagos, six tax-defaulting companies owing over N2 billion were visited.

Friday, 17 October 2014

NAC, WesBank, South Africa sign MOU on consumer financing of Nigeria Assembled Vehicles

 The National Automotive Council (NAC) on Friday said it had signed a Memorandum of Understanding (MOU) with the WesBank of South Africa, to offer vehicle finance to retail and corporate purchasers in Nigeria.

WesBank is a division of FirstRand Bank Limited of South Africa.

In a statement, the Director General of NAC, Engr. Aminu Jalal, said the MOU was signed in Johannesburg, South Africa on Oct.16, with the aim of stimulating the sale of locally assembled vehicles in Nigeria.

A different recovery for box carriers?

Maritime research firm Drewry believes recovery in the container shipping industry may be based around the formation of new “mega alliances” and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level.
“A different recovery is taking shape, which is unlikely to be built on any improvement in freight rates,” said the company in its report Container Annual Review and Forecast 2014/15.

Thursday, 16 October 2014

NCS Seme Command nets N963 m in September, declares border area ‘unsafe’ for smugglers

CAC Willy Egbudin

The Seme Area Command of the Nigeria Customs Service (NCS) said it realised N963 million as revenue in the month of September, even as it declares the border area as ‘unsafe’ for smugglers.

Comptroller Willy Egbudin, who is in charge of the command, disclosed that the amount was the highest collected by the command between 2013 and September 2014.

He said the command had also intensified efforts in its fight against smuggling activities, ensuring a ‘no escape operational mode’ against violators.