Maritime
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...
27 Mar
The African Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has urged government regulatory agencies in the maritime industry to collaborate with stakeholders through capacity-building workshops...
27 Mar
APM Terminals’ West Africa Container Terminal (WACT) has commissioned its new Container Freight Station (CFS) at Onne Port, Rivers State, to support streamlined processes for import and export operations
27 Mar
The President of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, has reached out to President Bola Tinubu, seeking his intervention to ensure the Nigeria Customs Service
27 Mar
Trucks Transit Parks (TTP) Limited has deactivated 83 trucks from the electronic call-up system, known as ETO, for various infractions committed by truck owners and drivers.
27 Mar
The Tin Can Island command of the Nigeria Customs Service (NCS) and the National Drug Law Enforcement Agency (NDLEA) have revealed that syndicates operating within West and Central Africa are involved in smuggling arms
26 Mar
Shippers and manufacturers have expressed concerns over the impacts of exchange rate scarcity, cumbersome clearing processes, increased service charges and the overall rising cost of operations at ports.
10 Mar
Stakeholders in the marine sector have called on the Federal Government to factor them into the Presidential Compressed Natural Gas Initiative (PCNGI) as the government moves to explore CNG an alternative fuel for powering vehicles in Nigeria.
8 Mar
Barely three days after the Customs’ exchange rate for calculating duties at the seaports was reduced to N1,544.081/$, it has been reviewed upward to N1,560.511/$.
6 Mar
The unsafe practices of boat operators have continued to endanger the lives of 14 million commuters that patronise the Lagos State waterways transport system yearly. Boat mishaps have become a normal occurrence on Lagos waterways
6 Mar
Nigeria has failed to implement the International Maritime Organisation (IMO) decarbonisation plans in the maritime sector resulting in over N100 billion lost yearly to the high cost of diesel to power the ports.
6 Mar
The President of the Nigerian Licensed Ship Chandlers Association, Dr Martins Enebeli, has said the country loses $15 billion on ship chandling and allied services yearly due to harsh operating environment, inadequate access to capital
12 hours ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
12 hours ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
13 hours ago
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called for increased capacity building to enhance tax administration processes among members of the global body.
13 hours ago
The recently held 13th Convocation Ceremony of the National Open University of Nigeria (NOUN) may have come and gone, its memories will linger for a long time to come.
13 hours ago
The Nigeria Economic Summit Group (NESG) said the Lagos Free Zone (LFZ) has the potential to contribute significantly to the country's gross domestic product (GDP) if fully harnessed.
13 hours ago
Stakeholders at the 2024 yearly lecture of the Chartered Institute of Bankers of Nigeria (CIBN) have called for the adoption of appropriate credit culture to pave the way for an enhanced loan securitisation process and availability of credit to the real sector.
13 hours ago
Stakeholders have highlighted significant failure in the implementation of the Sustainable Development Goals (SDG) relating to transport in Nigeria, expressing deep concern over the country's lag in creating effective transport policies that align with SDG 11.2 which aims for safe, affordable and sustainable transport systems by 2030.
13 hours ago
With the announcement by MTN Group of the appointment of M&C Saatchi Africa as its marketing communications partner across all MTN Group, M&C Saatchi's Nigerian affiliate, SO&U Group, will be responsible for the business in Nigeria.
13 hours ago
Mastercard and the Committee of E-Banking Industry Heads for Nigeria (CeBIH) have joined forces to tackle the activities of cyber criminals in the country.
13 hours ago
United Capital Plc has assured shareholders that the firm would deploy robust digital technology to further unlock opportunities and stay ahead of trends in the industry.