…Positions for Stronger Participation in the Oil and Gas Market SIFAX Marine Services Limited has announced a far-reaching expansion strategy for 2026 aimed at driving asset-led growth and repositioning the company as a stronger contender in Nigeria’s offshore and oil and gas marine services market. According to Afolabi Olayinka, Executive Director of SIFAX Marine, the…
The President of Nigerian Shipowners Association (NISA), Otunba Sola Adewumi has commended President Bola Ahmed Tinubu as well as the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola for eventually launching the long-awaited application portal for the Cabotage Vessel Financing Fund (CVFF). In a goodwill message delivered during the official launch of the CVFF…
Abu Dhabi Ports Group and Nigeria’s Federal Ministry of Marine and Blue Economy have signed a landmark Memorandum of Understanding (MoU) to explore strategic collaboration in ports development, maritime logistics, and digital solutions. The MoU was signed on the sidelines of the recently concluded Abu Dhabi Sustainability Week, marking a significant milestone in Nigeria–UAE economic relations. The…
Nigeria’s Port Economic Regulator, the Nigerian Shippers’ Council (NSC), has directed all shipping companies, shipping agents, and terminals operating within Nigerian ports to suspend and refrain from implementing any review or upward adjustment of their charges until they have fully engaged their stakeholders. The Council wishes to clarify that the recent adjustment was approved strictly…
SIFAX Group has opened the 2026 business year with a strong declaration of intent, unveiling an innovation-driven growth plan aimed at strengthening operations, deepening technology adoption, and expanding its footprint across West Africa. The Chairman of the Group, Dr. Taiwo Afolabi, made this known in his New Year message to employees, partners, and stakeholders, where…
As part of efforts to ensure full compliance with existing maritime laws and regulations, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced special operational enforcement code named “Operation Zero Tolerance for Non-Compliance” in the Nigerian maritime domain. The directive was issued through a Marine Notice, pursuant to the Agency’s statutory mandate under the…
The federal government of Nigeria through the Nigerian Content Development and Monitoring Board (NCDMB) has sponsored the training and provided business starter packs for 70 young people across two vocational skills in Lagos. The beneficiaries were trained in eco-packaging and paper bag making as well as fashion designing under a skills acquisition and youth empowerment…
The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has reaffirmed the agency’s commitment to strengthening Nigeria’s non-oil export sector through streamlined port operations and improved port–hinterland connectivity. Speaking during the NPA Special Day at the Kano International Trade Fair, Dantsoho praised the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) for…
SIFAX Group has hosted the third edition of its Annual Thanksgiving and Praise Night. The event, themed “God’s Faithfulness, Our Gratitude”, which transformed The Lagos Marriott Hotel, Ikeja, into a sanctuary of gratitude and celebration on Wednesday, December 17, 2025, was a vibrant display of corporate unity, spiritual fervour, and glamour, bringing together the Group’s…
The Nigeria Customs Service (NCS) has noted instances of delayed remittance of Customs revenue by some Designated Banks following reconciliation of collections processed through the B’odogwu platform. In a press statement sent to PLATFORM REPORTERS on Wednesday, customs said such delays constitute a breach of remittance obligations and negatively impact the efficiency, transparency, and integrity…
