Maritime
18 hours ago
The Nigeria Customs Service (NCS) Tin Can Island Port (TCIP) command has reported a 95.3 per cent increase in non-oil exports in the first quarter of 2024, compared to the same period last year.
18 hours ago
The Nigerian Ports Authority (NPA) is awaiting the Debt Management Office's (DMO) final review and approval of Citibank's $700 million loan mandate, which will fund the rehabilitation of the Apapa and Tin-Can Island ports in Lagos.
2 days ago
The newly elected executives of the Women’s International Shipping and Trading Association (WISTA) Nigeria have been charged to ensure the attainment of major structural adjustments in the nation’s shipping industry as well as create opportunities..
2 days ago
The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service (NCS) has reiterated its commitment to achieving faster cargo clearance by targeting a two-hour cargo clearance time.
2 days ago
To address the growing unemployment rates among seafarers in Africa, a maritime and anti-piracy security expert trained in the United States, Capt. Alfred Oniye, has outlined a comprehensive plan aimed at revitalising job prospects for this skilled workforce.
2 days ago
Shipbuilding is complex. While Liberia has the largest registered tonnage, it doesn’t build ships. Many African nations, including Nigeria, Ghana, and South Africa, established shipyards decades ago recognising shipbuilding’s role in national development.
2 days ago
Importers and clearing agents have voiced serious concerns over ongoing security issues and operational inefficiencies at some terminals at Tin Can Port. Industry insiders report frequent incidents of vandalism and theft
10 Apr
The Federal Government has been told to revise and eliminate specific waiver clauses within the Coastal and Inland Shipping (Cabotage) Act, the Nigerian Maritime Administration and Safety Agency (NIMASA) Act
10 Apr
The Spanish Ambassador to Nigeria, Juan Ignacio Sell, has emphasised Nigeria’s pivotal position in ensuring the security of the Gulf of Guinea.
10 Apr
APM Terminals Apapa has disclosed an investment of 9,696 man-hours in employee learning and development for the year 2023 to ensure employees can compete globally with relevant skills.
10 Apr
With about eight months to go until the International Maritime Organisation (IMO) 2025 deadline, stakeholders are expressing frustration and uncertainty about Nigeria’s ability to implement the National Single Window.
4 Apr
The Nigeria Customs Service (NCS) has reported a notable decline in cargo throughput, with a 4.89 per cent decrease in the volume of transactions in the first quarter.
27 Mar
Eighteen years after the Federal Government approved the development of seven Inland Dry Ports (IDPs) across the country, only two are operational. According to the Nigerian Shippers’ Council (NSC), the two functional IDPs are the Dala Inland Dry...
17 hours ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
17 hours ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
18 hours ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
18 hours ago
Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.
18 hours ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
18 hours ago
To further address the energy inefficiency in the country, the Chief Executive Officer, Stanbic IBTC Holding Plc, Dr. Demola Sogunle, said N350 billion fund has been raised to support customers in the energy sector.
18 hours ago
Amid geo-political tension marked by uncertainty, volatility, and disruptive forces, the Chartered Institute of Directors Nigeria (CIoD) has tasked directors on effective leadership, noting that their roles as leaders assume even greater significance in turbulent times.
1 day ago
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
1 day ago
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.
1 day ago
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.