Maritime
12 Feb
Lagos-based lawyer and real estate advisor, Olajide Ajana, has said the recent position of the Supreme Court in its judgment between the Lagos State Government and Federal Government over control of the National Inland Waterways Authority
12 Feb
Terminal Manager, APM Terminals Apapa, Steen Knudsen, has said the terminal is in talks with the Nigeria Customs Service (NCS) to invest in more scanners for optimal cargo delivery to consignees.
12 Feb
Nigeria lost out on the $50.3 billion global shipyard market contribution to economies last year, following the inability of the federal government to revive the moribund ship repair yards.
12 Feb
Nigeria Customs Service (NCS) has briefed the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on its measures to recover unremitted funds, increase revenue generation and block revenue leakages.
12 Feb
The Managing Director of Inland Containers Nigeria Limited (ICNL), Ismail Yusuf, has decried the lack of direct transportation from the seaport to the hinterland, making the cost of moving containers very expensive.
12 Feb
A report said empty containers accounted for about 80 per cent of traffic from Nigerian ports in 2023 just as cargo import and export continue to decline.
12 Feb
The Maritime Researchers and Authors Association of Nigeria (MARASSON) has warned that the year holds a bleak future for the maritime industry, especially as 2023 witnessed poor import and export.
12 Feb
The over N84 billion Federal Government’s investments in river ports across the country have remained underutilised, deserted and struggling to attract maritime traffic, findings have revealed.
12 Feb
The Chairman of Oil Trading Logistics Africa Downstream Energy Week, Dr Emeka Akabogu, has unveiled two books that would address issues of shipping regulations, arrests and detention as well as laws governing port operations in the country.
11 Feb
The Minister for Marine and Blue Economy, Adegboyega Oyetola, has said that the process of shopping for the appropriate financing model for the upgrade of the country’s ports is delaying the execution of the projects, estimated at about $800m.
2 Feb
The Nigerian-British Chamber of Commerce (NBCC) has called on the government to urgently speed up its ongoing reforms to boost the economy.
31 Jan
The Maritime Researchers and Authors Association of Nigeria (MARASSON) has warned that the year holds a bleak future for the maritime industry, especially as 2023 witnessed poor import and export.
19 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.
19 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.
19 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.
19 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.
20 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.
20 hours ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
20 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.
20 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.