Finance

NIMASA Engages Shipowners Towards CVFF Disbursement

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has continued with constant stakeholders’ consultation and engagement to ensure effective communication to attain seamless disbursement of the Cabotage Vessel Financing Fund as approved by President Muhammadu Buhari GCFR. NIMASA Management recently had a fruitful meeting with the Nigerian Indigenous Shipowners  Association CVFF steering committee led by its Chairman Dr. Edward Sohwo.  …

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Sky Capital Appoints MD, Non-EDs for Skye Bank Sierra Leone

Sky Capital & Financial Allied Limited, the financial services subsidiary of SIFAX Group, has appointed a new Managing Director and three non-executive directors for one of its subsidiaries Skye Bank, Sierra Leone. After the approval by the Bank of Sierra Leone, Mr. Abiola Bolaji has assumed office as the substantive Managing Director while Mr. Ayoku …

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NPA MD Receives Executive Secretary, LSSTF

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello koko recently played host to the Executive Secretary, Lagos State Security Trust Fund (LSSTF), Dr. Abdurrazaq Balogun during a working visit at the NPA Corporate Headquarters in Lagos. Platform Reporters gathered that meeting afforded both agencies the opportunity to discuss issues of interest to both organisations. …

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Sky Capital Appoints Liadi GMD

The Board of Sky Capital and Financial Allied International, the financial subsidiary of SIFAX Group, has appointed Ayoku Liadi as the company’s Group Managing Director. In this new role, Ayoku will oversee all Sky Capital’s subsidiaries and affiliates in Nigeria, Sierra Leone, Guinea and Gambia. Sky Capital Group presently has investments in banking, insurance brokerage …

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BPE DG Calls For Increased PPP In Maritime Sector

Mr. Alex Okoh, Director General, Bureau of Public Enterprise (BPE), has once again reiterated the need for an increase in the private sector involvement in the financing critical infrastructural development in the maritime sector in order for the industry to become a major revenue earner for the Federal Government. He made this assertion during a …

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SIFAX, SACC To Host Webinar, Discussing Financing Model For Maritime Sector

…… As BPE DG is the guest speaker SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, in line with its industry leadership objectives takes the lead again in charting a new course for the funding of critical infrastructure development in the country’s …

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SIFAX Appoints New Managing Director For Sky Capital

Sky Capital & Financial Allied International Limited, a subsidiary of SIFAX Group, has appointed a new Managing Director, Mr. Maxwell Ideh. Ideh, a seasoned banking professional with over twenty years’ experience, is a 1994 graduate of Biological Science from the University of Lagos and also holds a Masters in Business Administration degree from the China Europe …

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CITN Underlines NIMASA’s Critical Role In Economic Development

The Chartered Institute of Taxation of Nigeria (CITN) has emphasised the pivotal role of the Nigerian Maritime Administration and Safety Agency (NIMASA) in the attempt to fast-tract tax revenue to a prime source of government finance in the country’s economic development drive. President and Chairman of Council, CITN, Dame Gladys Olajumoke Simplice, said this in …

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NSE, NISL, Others To Expand Retail Investment Opportunities In Capital Market

The Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) expressed commitment to expanding retail investment opportunities in the capital market. The trio made the commitment at a webinar organised by the NSE in collaboration with the NISL in Lagos. It was also supported by the CIS and …

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IMO Prioritizes Remotely Conducting Audits For Member States

The International Maritime Organisation (IMO) has prioritized issues of remotely conducting audits for member state as this was one item on the table for discussion during a virtual meeting of all auditors under the IMO Member State Audit Scheme (IMSAS) held recently.  Amidst ongoing uncertainty caused by the COVID-19 pandemic, the meeting provided a forum …

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