Category: Business

SGF Akume Honored as Shippers Council Names Jos Conference Hall after him, Citing President Tinubu’s Renewed Hope Goals

Author sooth

The Nigerian Shippers Council built and commissioned a new 250-seater conference Centre in Jos, which it named after Dr. George Akume, the Secretary to the Government of the Federation, SGF. The SGF commended the Council and the Ministry of Marine and Blue Economy while commissioning the project. He described the project as “a testament to commitment and vision” in strengthening Nigeria’s logistics and maritime system. “This edifice is not just a building; it is a statement of vision, a testament to commitment, and a reflection of the renewed energy driving…

CILT Conference Ends as Delegates Go Behind the Scenes at PTML

Author sooth

The Chartered Institute of Logistics and Transport, CILT Nigeria, held its Annual General Meeting and National Conference at Civic Centre, Victoria Island, Lagos, from October 22–24. “A highlight of the professional and vibrant conference was the attendance of notable figures, including the Hon. Minister of Marine and Blue Economy, H.E. Adegboyega Oyetola, CON Former Chief of Defence Staff, General Christopher Musa,OFR and other key stakeholders in the Industry. To conclude the conference, delegates took a behind-the-scenes technical tour of Port Terminal Multipurpose Limited (PTML, a subsidiary of Grimaldi), at Tin…

Clear Passage: NIWA Launches Swift Cleanup of Water Hyacinth to Clear Ikorodu Waterways.

Author sooth

The National Inland Waterways Authority,(NIWA), has concluded arrangements to clear a widespread water hyacinth infestation affecting the Ikpakodo and Ebutte jetties in the Ikorodu Waterways, Lagos. Confirming the action, the Lagos Area Manager for the authority, Engr. Sarat Braimah, said the exercise was a preventive measure to curb the recurring menace of the invasive weed before it disrupts transportation and fishing activities. ” We have carefully studied the pattern and spread of the water hyacinth and decided to act swiftly to mitigate its impact before it causes disruptions to boat…

Logistics and Transport Critical to National Security, Development, CDS Musa tells CILT NIG.

Author sooth

 …. Institute inducts 363 New Members During Annual General Meeting General Christopher Gwabin Musa, OFR, Nigeria’s Chief of Defence Staff (CDS), highlighted the critical role of Transport and Logistics in National Security and Development. The Defence Chief, General Christopher Gwabin Musa, informed professional members of the Chartered Institute of Logistics and Transport (CILT NIG) about this during the institute’s 2025 National Conference and Annual General Meeting at the Civic Centre in Victoria Island, Lagos, from October 22-24. The theme for this year’s conference was “Enhancing Logistics and Transport for Sustainable…

Tech Entrepreneur Zephia Ovia-Ikem Joins UNICEF to Champion Youth Empowerment

Author sooth

By: Bashir Hassan Abubakar The United Nations Children’s Fund (UNICEF) has announced the appointment of Tech and Social Entrepreneur, Zephia Ovia-Ikem, as a UNICEF NextGen Champion, joining a global network of influential leaders dedicated to promoting children’s rights and improving the lives of young people across the world. The appointment, announced by UNICEF Representative in Nigeria, Ms. Wafaa Saeed, underscores UNICEF’s ongoing commitment to mobilizing private sector partnerships and investments that can drive positive change for children and young people in Nigeria. According to Ms. Saeed, Ovia-Ikem’s inclusion in the…

FG Clarifies Decision, Insists Mathematics Remains Compulsory For All O’Level Candidates.

Author sooth

The Federal Government clarified its earlier decision by making Mathematics a compulsory subject for all students sitting for O-Level examinations. Spokesperson for the Federal Ministry of Education, Boriowo Folashade confirmed this in a statement released on Sunday, October 19th. Until the recent reversal, Boriowo had announced on Tuesday, October 14th, that students of senior secondary school in the arts and humanities would no longer be required to present a credit in Mathematics in their Senior School Certificate Examination (SSCE) for tertiary admissions. The spokesperson had initially confirmed that the decision…

Dangote Refinery Exposes 22 Sabotage Attacks: Citing Security Concerns For Mass Layoffs.

Author sooth

The Dangote Refinery, Africa’s biggest oil refinery, has recorded 22 incidents of sabotage since it began operations. Making clarification on the company’s reorganisation, Dangote Group’s vice-president, Devakumar Edwin, said the refinery had faced 22 sabotage incidents since its inception. He added that the subsequent sacking of some workers had nothing to do with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Edwin revealed this recently during a tour of the refinery by Bubaraye Dakolo, the King of Ekpetiama Kingdom and chairman of Bayelsa Traditional Rulers Council. It…

Ijebu-Ode Dry Port: FG takeover Set To Boost Trade, Logistics

Author sooth

The Federal Ministry of Marine and Blue Economy has partnered with the Ogun State Government to develop the Ijebu-Ode Inland Dry Port project, located along the Epe-Mojoda Expressway. In his address during the official handover ceremony of the 130-hectare project site and title documents to the Federal Government, the Minister of Marine and Blue Economy, His Excellency, Adegboyega Oyetola, CON, said the development of the Ijebu-Ode Inland Dry Port would revamp and position Ogun State as an industrial hub The minister was represented by the Permanent Secretary of the Ministry…

CBN Mandates Instant Refund For Failed ‘on-us’ ATM Transactions, 48 Hours For Others

Author sooth

In a sweeping reform to protect consumers, the CBN has ordered banks to refund failed Automated Teller Machines (ATM) transactions within 48 hours. The apex bank released a draft guideline on Saturday, October 11, titled ‘Exposure of the Draft Guidelines on the Operations of Automated Teller Machines in Nigeria,’ which contained the instructions. The document, signed by Musa I. Jimoh, Director of Payments System Policy Department, was circulated to banks, payment service providers, card schemes, and independent ATM deployers, with a call for stakeholder feedback by October 31, 2025. For…

Gov. Bala Mohammed Commends Economic Team, Investors for Summit Breakthrough

Author sooth

By: Bashir Hassan Abubakar Bauchi State Governor, Senator Bala Abdulkadir Mohammed, has commended the organizers and participants of the just-concluded Bauchi Investment Summit for its resounding success. Speaking at the summit’s closing ceremony, the governor lauded the committee chaired by Dr. Usman Bugaje for its professionalism and commitment, describing the event as a landmark achievement in showcasing Bauchi’s economic potential. He acknowledged the efforts of his economic team and the support of local and international investors, who collectively pledged over $5 billion (about ₦267 billion) in investments across key sectors.…