News
NIMASA Targets 100% Compliance to Port Facilities Code

The Nigerian Maritime Administration and Safety Agency (NIMASA) yesterday said it is targeting a 100 per cent compliance to the international port facilities standard.
Dr Dakuku Peterside, NIMASA Director-General, stated this at the opening of a five-day training programme organised by NIMASA and the International Maritime Organisation (IMO) in Lagos.
He said that NIMASA has also provided safe and secured ports for the conduct of maritime and economic activities as part of efforts to achieve the feat.
Peterside, who was represented by the Executive Director, Maritime Labour and Service, Mr Gambo Ahmed, said that the training would acquaint participants on best practices in the maritime sector administration.
“The Agency has steadily increased its compliance level among International Ship and Port Facility Security (ISPS) Code applicable facilities.
“Our officers have also been able to guide compliance and boost awareness levels in the maritime security environment.
“We do not wish to rest on our laurels as the zeal to acquire 100 per cent compliance in all port facilities can only be achieved if the officers are technically equipped and updated on international standards required for ISPS Code implementation,’’ Peterside said.
He said that the giant strides achieved in ISPS Code implementation in Nigeria and the support of the IMO had played an integral role in achieving this feat. In his address, the NIMASA Executive Director of Operations, Mr Rotimi Fashakin, said that the training was a direct outcome of the IMO Need Assessment conducted in January 2016.
Fashakin said that between that time and now, a high standard of implementation of ISPS code was observed and commenced by the agency. He said that NIMASA has already achieved 90 per cent compliance levels among ISPS applicable port facilities in Nigeria. ”When consideration is taken, we speak here of 123 port facilities and one may begin to appreciate our achievement under very tight budgetary condition.
“To sustain the positive trajectory of the process, the IMO recommends additional training for key NIMASA personnel and stakeholders in the implementation of the provisions of the code.
“As experts in the ISPS Code, most of us are undoubtedly aware that the philosophy of the code is not merely the establishment of common security standard for ships and port facilities around the world. “The entertainment of a system that is self-sustaining and self-examined is part of it.
“This is the idea behind the regular drill and exercise that are mandatory for ships and ports facilities with a view to testing the integrity of the system,’’ Fashakin said.
The Lead Consultant of IMO, Mr Brian Cranmer, commended NIMASA for its great achievements of ISPS compliance, saying that there was no country under IMO that was 100 per cent compliant. He therefore advised Nigeria not to relent in the implementation of ISPS code.
“The aim of the workshop is to equip participants with the necessary skill and knowledge in planning and execution of maritime security drill and exercise.
“Threats and terrorism are part of the risk faced by the transport and shipping Industry. “ISPS Code is a sound sense and a good business approach to reduce terrorism,’’ Cranmer said.
News
Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
News
NCAA to Introduce RFID Technology to Tackle Missing Luggages

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
News
Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.
In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”
Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.
However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.
She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.
Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.
“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.
Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.
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