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Business news

Day: December 23, 2016

Red Star Logistics Introduces Less A truckload For Agric Produce to support young entrepreneurs.

Fidelia Okafor Red Star Logistics Company a subsidiary of Red Star Express Plc, in partnership with Fedex Express International has announced its plan to introduce less than truckload for agriculture produces. Speaking at a forum organised by the Nigerian Association of Agriculture Journalist in Lagos, the company’s Divisional Managing Director, Mr. Ocholi Etu, revealed that […]

Banks in Bayelsa State Blamed for delaying salaries payment

 Amaka Obiefuna. Various banks in Bayelsa State have been blamed by the State Commissioner for Finance, Mr. Maxwell Ebibai for the delay in payment of salaries of civil servants in the state. He attributed the delay to the lack of cash in the banks. In a statement made in Yenagoa, the Commissioner said the State […]

NIMASA closes 3 jetties and Port facilities over failure to comply with ISPS Code

Fidelia Okafor. Three jetties and Port facilities have been shut down by the Nigerian Maritime Administration and Safety Agency (NIMASA) for lack of compliance with the provision of the International Ship and Port Facility Security, ISPS code. The facilities include Heyden Petroleum Jetty, Ijora, Lagos; Waziri Jetty, Dockyard Road, Apapa, Lagos and Starz Marine Shipyard […]

Med View Airlines open up two new routes to Monrovia and Freetown

Fidelia Okafor. Med-View Airlines expanded its West African sub region flight operations to include flight services to Monrovia, Liberia and Freetown, Sierra Leone via its Accra, Ghana flight. The inaugural flight to the aforementioned two countries took off from Lagos via Kotoka International Airport, Ghana to Roberts International Airport, Liberia and Freetown International Airport, Sierra […]

Labour Urges FG To Pay Pensioners Now

Nigeria’s Federal Government has been urged to pay its counter-part funds to the National Pension Commission (PENCOM) to enable payment of entitlement to the thousands of retired public servants; this plea is coming from the Association of Senior Civil Servants of Nigeria (ASCSN). Comrade Alade Bashir Lawal, the ASCSN Secretary General made this call Thursday […]

Guinea Insurance to hold 58th AGM as NAICOM approves 2015 Accounts Report

Amaka Obiefuna Plans have been concluded to hold the 58th Annual General Meeting (AGM) of Guinea Insurance Plc. This is coming after The National Insurance Commission (NAICOM) approved the insurance firm’s 2015 Annual Financial Reports and Accounts in a letter dated 19th December 2016 and titled “Approval for Publication of Year 2015 Audited Financial Statement” […]