Terminal operator identifies recovery strategies for businesses amid pandemic
Amidst the coronavirus pandemic and harsh operating environment, Group Managing Director, SIFAX Group, Adelunle Taofiq Oyinloye, has urged businesses to build resilience and staying power as a strategy to survive.
Traders to incur huge demurrage as markets remain shut
There are growing concerns that traders who have cargoes in the seaports may be incurring huge demurrage, as their business remained shut to avoid the spread of novel coronavirus.
Stakeholders advocate swift implementation of policies to tackle crime on Nigerian waters
For Nigeria’s maritime industry to experience an exponential growth, there must be sustainable policies and implementation mechanism that would drive the industry.
Piracy responsible for surcharges on consignments at ports – SIFAX Chairman
The Vice-Chairman of SIFAX Group, Dr Taiwo Afolabi, on Friday, said that piracy attacks on ships at various terminals had led to the introduction of war risk surcharges on consignments heading to Nigeria by many shipping lines.
Harnessing role of media in nation building amidst challenges
Despite challenges limiting the effective performance of media in the country, the sector remains an essential tool in promoting good governance and sustainable development.
Mothers of kids with cerebral palsy get business grants
The Initiative for National Growth Africa (INGA) in conjunction with Let Cerebal Palsy Kids Learn Foundation at the weekend held a creative arts session for the children living with special needs and an empowerment programme for their mothers. According to the organizer, Ms. Racheal Inegbedion, the project was to provide talent development for children living…
SIFAX Group appoints Oyinloye as group managing director
SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has appointed a new Group Managing Director, Adekunle AbdulRazaq Oyinloye.
SAHCOL offers N406m in first IPO after four years
Hopes of a return of the era of Initial Public Offerings (IPO) were rekindled last week, after four years of zero record, with the offer for sale of SAHCO Plc’s 406,074,000 ordinary shares of 50 kobo each at N4.65 per share. The company, which is one of the foremost aviation handling companies in Nigeria,…