Author: Saint Augustine

The Finance and Business Online Publishers, FiBOP has selected Dr. Charles Okaga, General Manager, Operations, Nigerian Ports Authority, NPA as a recipient of its honor for his exceptional leadership role and contributions to improved port operations, growth and business. Dr. Okaga’s impressive educational background includes a Bachelor of Science Degree in Geography and Regional Planning from the University of Calabar, Bachelor of Law (LLB), Master of Science in Transportation Planning, and an Honorary Doctorate Degree in Leadership and Corporate Governance from the European-American University, Panama. A seasoned administrator and result-driven team player, Dr. Okaga has attended several job trainings, bolstering…

The Finance and Business Online Publishers, FiBOP has announced its decision to honor Victor Kalu, Managing Director and CEO of Zend Technology Company Limited, for his invaluable contributions to innovation and enterprise development. This prestigious recognition is a testament to Kalu’s pioneering efforts in helping governments leverage the informal sector for revenue growth. Zend Technology Company Limited, under Kalu’s leadership, has made significant strides in revenue collection, particularly in Delta State. In 2023/2024, the company was appointed by the Delta State Board of Internal Revenue to collect revenue from the informal sector in Oshimili South and North. Kalu’s entrepreneurial prowess…

Following the disturbing news emanating from the unfortunate CNG Cylinder explosion at the NIPCO CNG Refueling Station in Benin City, Edo State, the Standards Organisation of Nigeria, SON is calling on all to heed the warning against the use of substandard and uncertified CNG Gas cylinders. As the Organization commiserates with those affected by the incident; it is pertinent to note that preliminary investigations have revealed the cylinder used to convert the vehicle differs and does not comply with the CNG Standards approved by the Organisation. The Organisation has robust and effective regulatory measures in place to ensure that all…

The Finance and Business Online Publishers, FiBOP, a renowned body of registered online publishers, has formally recognized and rewarded Sylvester Egede, former Port Manager of Tin Can Island Port, TCIP, for his outstanding contributions to trade facilitation. Egede’s tireless efforts, in collaboration with the Lagos State Government, led to the successful rehabilitation of the Apapa access road, ending the daily traffic gridlock and hardship for commuters and workers within the ports. This achievement has significantly impacted the ports community and the larger economy, improving port operations efficiency and enhancing the business environment. Sylvester Egede’s illustrious career spans various roles within…

In a move aimed at advancing STEM education and fostering technological innovation in Nigeria, the Mechanical Engineering Department of Obafemi Awolowo University, OAU, Ile-Ife received a substantial investment as the Tosin Eniolorunda Computer-Aided Design, CAD and Computer-Aided Manufacturing, CAM laboratory was unveiled at the University’s campus. The gesture which is in alignment with Moniepoint’s Corporate Social Responsibility ethos is designed to significantly contribute to efforts aimed at bolstering Nigeria’s foundation in the very important area of science and technology while making subjects such as prototyping, design and engineering in general easier, participatory and enjoyable for students. With the recent rise…

The plan by the federal government of Nigeria to bar revenue-generating agencies, including the Nigeria Customs Service, NCS from collecting revenues on it’s behalf and to introduce a single agency – Nigeria Revenue Service to handle the task has received the blessing of some prominent freight forwarders and port users in the Nigerian maritime industry. This is as the immediate past Sole Administrator of the Association of Nigerian Licensed Customs Agents, ANLCA, Otunba Abdulazeez Babatunde Mukaila has described the move as a welcome development even as he argued that this move, if implemented to the later, would enable particularly, the…

The Maritime Workers’ Union of Nigeria, MWUN has threatened to withdraw the services of its members in the Nigerian Ports Authority, NPA, Dock labour, Shipping and Freight forwarding agencies and Seamen from all ports, jetties, terminals and Oil and Gas platforms nationwide should the management of the Council for the Regulation of Freight Forwarding in Nigeria, CRFFN continues to withhold the nine months of salaries owed its members on its (CRFFN) employ. The Union in a statement signed by Oniha Erazua on behalf of its Secretary General in Lagos on Thursday said that MWUN as a responsible Union had gone…

UBA Foundation, the Corporate Social Responsibility, CSR arm of the United Bank for Africa, UBA Plc, has launched the 2024 edition of its prestigious National Essay Competition, NEC, unveiling a significant 100% increase in the educational grants for top winners. Now in its 14th year, the NEC is an initiative designed to foster literacy, critical thinking, and healthy competition among secondary school students, while providing future leaders with the financial support needed to pursue higher education. This year’s competition invites senior secondary school students to submit essays on the topic: “The Impact of Carbon Emission on Climate in Nigeria: Discuss…

The Comptroller General of the Nigeria Customs Service, Bashir Adewale Adeniyi, is set to lead a delegation to the 2024 Finance and Business Online Publishers, FiBOP capacity-building workshop. This prestigious event, themed, “Digital Innovation: Deepening Infrastructure for Efficient Financial Ecosystem”, will take place from October 18-20, 2024 at the Orchids Hotel in Lekki, Lagos. As a key speaker, Adeniyi will shed light on the strategic importance of digital infrastructure to import duty collection and accountability. He brings his expertise in customs administration, having recently made key appointments and redeployments within the Nigerian Customs Service to enhance its leadership and optimize…

The Nigeria Customs Service, NCS, Apapa Port Command has busted an attempt at smuggling illicit drugs worth a total of N1,183,915,500 (one billion, one hundred and eighty three million, nine hundred and fifteen thousand, five hundred naira) into the country in 4 units of 40ft containers. Breakdown of the seizures shows they were 236,783 bottles of cough syrup containing codeine and barkadin cough syrup packed in a total of 2,174 cartons from two terminals under the command. Three of the seizures were made in APM Terminals and one was made at Kachicares Bonded Terminal. Giving further details on the seizures,…