Author: Mujeedat
The President-General of the Maritime Workers’ Union of Nigeria (MWUN), Comrade Francis Bunu Abi, has achieved another milestone with the resolution of the case surrounding the death of Comrade Okwuwa Chinedu Godwin, a member of the Union and an employee of GMS Recruitment Services Limited, who died on March 18, 2024, as a result of an illness contracted while on board a vessel. The incident occurred in 2024, some years before the emergence of the current President-General, Comrade Francis Bunu Abi, who took up the matter with vigour, resilience, determination and a sense of purpose, pursuing it in line…
The Economic and Financial Crimes Commission (EFCC) says it froze the Osun State government’s bank account as a preventive measure to stop what it described as suspicious and unwarranted transfers of public funds while an investigation into alleged fraud is ongoing. The anti‑graft agency disclosed that it has been investigating the Osun State government since March 2026 over the alleged fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee (FAAC) allocations totalling about ₦11 billion. As part of the probe, some state officials, including the Accountant General, have been interviewed by EFCC investigators. According to…
The National President, National Association of Government Approved Freight Forwarders (NAGAFF), Chief Tochukwu Emmanuel Ezisi, has called for harmonised policies across all levels of government, saying policy inconsistency remains a major obstacle to unlocking the potential of Special Economic Zones (SEZs). Ezisi said coherent and consistent policies are essential to attracting investment, improving trade competitiveness and positioning Nigeria’s maritime sector for long-term growth. He made the call at the 2026 Annual Conference of the Maritime Correspondents’ Organisation of Nigeria (MARCON) held in Port Harcourt, Rivers State, with the theme: “Special Economic Zones as Catalysts to Sustainable Blue Economy.”…
The Federal Airports Authority of Nigeria (FAAN) has provided details of what was erroneously reported as a fire incident at Terminal 2 of the Murtala Muhammed International Airport, Lagos. The Authority said findings indicate that there was no fire at the terminal, noting that the smoke observed within the affected area resulted from the discharge of the terminal’s FM-200 fire suppression system. The reason for the activation of the fire suppression system is currently being investigated. Normal operations have since resumed at the terminal, while detailed investigations are ongoing to determine the exact cause of the incident,…
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to advancing the welfare and wellbeing of Nigerian seafarers through stronger collaboration with key maritime stakeholders, including the Mission to Seafarers (MtS). The Director-General of NIMASA, Dr. Dayo Mobereola, made this known while receiving the Chairman of the Management Committee of Mission to Seafarers Lagos, Chief Adebayo Sarumi, OON, and the Regional Director of Mission to Seafarers Africa, Reverend Cedric Rautenbach, on a courtesy visit to the Agency’s headquarters in Lagos. Speaking during the visit, Executive Director of Operations, NIMASA, Engr. Fatai Taiye Adeyemi, who represented…
Advertising professionals have been urged to continuously evolve their skills, operating models and creative approaches to remain relevant in an industry being reshaped by artificial intelligence, changing consumer behaviour and emerging technologies. Speaking at the annual meeting of the Association of Advertising Agencies of Nigeria (AAAN) in Lagos, Meksley Nwagboh, Divisional Head, Brand and Communications, Fidelity Bank Plc, described the transformation of advertising as an opportunity for practitioners to rethink how they create value, serve clients and connect brands with consumers. Addressing participants on the theme, “AdVolution: The End of Advertising as We Know It and How to…
The National Insurance Commission (NAICOM) has said that Nigeria’s insurance industry has entered a new phase of development founded on stronger capital, improved financial resilience, and enhanced capacity to underwrite larger and more sophisticated risks across strategic sectors of the economy. The regulator’s assessment follows the successful completion of the twelve-month insurance sector recapitalization exercise undertaken pursuant to Section 15 and other relevant provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law on 31 July 2025 by President Bola Ahmed Tinubu, GCFR, as part of his administration’s financial sector transformation agenda towards the attainment of…
The Central Bank of Nigeria (CBN) says the next stage of fintech development in Nigeria must focus on five important outcomes to achieve sustainable growth of the initiative. Dr. Yemi Cardoso, Governor of the CBN, said in a goodwill message at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 in Lagos that Nigeria’s fintech development must deliver digital financial services that are reliable, secure, fair and accessible. Cardoso, who was represented by Dr. Rakiya Yusuf, Director, Payments System Supervision, added that Nigerians should be able to transact with confidence, including during periods of high demand. …
The first-ever nominees for The Nigeria Prize for Creative Arts (NPCA), sponsored by the Nigerian Liquified Natural Gas company (NLNG), have been unveiled, with 11 documentary filmmakers advancing from 98 submissions in the inaugural edition of the US$20,000 prize. The Prize is open to Nigerian creatives aged 18 to 35. For its maiden edition, entrants were invited to interpret the theme “Identity” through documentary stories about Nigeria, its people, communities, cultures and evolving sense of identity. The unveiling places the filmmakers behind the 11 shortlisted works one step closer to becoming the first winner in the history of…
The Manager of the Rivers Port Complex, Kenechi Okezie, has assured stakeholders that the management of the Nigerian Ports Authority (NPA) has not abandoned the Eastern Ports, contrary to concerns expressed by some industry players. Okezie gave the assurance while responding to questions from participants during an interactive session with members of the Maritime Correspondents Organisation of Nigeria (MARCON) in Port Harcourt where She represented the Minister of Marine and Blue Economy, Adegboyega Oyetola, at the event. Responding to concerns that the Eastern Ports had been neglected, Okezie said the Federal Government and the management of the NPA…