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,…

Group Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi, has explained that the desire to contribute meaningfully to the rebranding of The Gambian economy is pushing the group’s investment in the West African country.

Importers and clearing agents have frowned at the recent charges introduced by Ports and Cargo Handling Services, a subsidiary of SIFAX Group, on all cargoes going out of its terminal to other bonded terminals. The Guardian gathered that the terminal operator just introduced a ‘Royalty’ charge of N121, 565 per 40foot container and N62, 361…

General Manager, SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, Henry Ajoh, has urged the Federal Government to reconsider its position on the implementation of the cargo palletisation policy.     The policy, an initiative of the Presidential committee on ease of doing business, is part of the new import and export guidelines of…

SIFAX Group has been given the concession approval by the Lagos State Government to operate and maintain the Ebute-Ojo Ferry Terminal in Ojo local council area for a period of 10 years. Under the concession agreement, SIFAX Group will take charge of the ferry berthing terminal, the car park space, passenger and other services that…

For displaying excellent understanding of the legal aspect of the maritime industry, students of University of Lagos (UNILAG), have emerged the overall winner...