Maritime
28 Feb
EYIS Resources Limited has trained members of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) on the treatment, classification, interpretation and application of international trade procedures.
28 Feb
There are rising concerns that the disruptions in key global shipping routes following the crisis in the Red Sea, Suez Canal, Panama Canal and Black Sea, may signal unprecedented piracy challenges for global trade in the Gulf of Guinea (GoG).
28 Feb
There are calls for the review and amendment of the obsolete maritime agencies’ laws and regulations promoting foreign illegalities and hindering the sector’s alignment with the newly established Ministry of Marine and Blue Economy.
28 Feb
Nigeria has secured the International Transport Workers’ Federation (ITF) United Kingdom (UK) grant to build a seafarers recreation centre that will serve as a rallying point for in-country and regional seafarers as well as those on board vessels during port calls.
28 Feb
Trucks Transit Parks (TTP) Limited has said it is awaiting government approval to deploy Radio-Frequency Identification (RFID)/E-tags and the E-Callup Interchange Transaction Number (EITN) at the Apapa and Tin Can ports
23 Feb
The Minister of Marine and Blue Economy, Gboyega Oyetola, yesterday, said the $800 million needed for rehabilitation of the country’s ports was almost ready.
21 Feb
The consistent hike in Customs duty exchange rates for clearance of goods at the ports is forcing bonded terminals, importers and agents as well as truck owners out of business.
21 Feb
A Lagos-based lawyer, Olajide Ajana, has explained that the Lagos State title of lands on waterways has failed since the Supreme Court struck out the Lagos State Government’s control of the waterways.
21 Feb
The Nigeria Customs Service (NCS) Federal Operations Unit Zone ‘B’ Kaduna has intercepted trucks of expired and prohibited imported items worth N1.9 billion in Jigawa and Zamfara States from January 1 to February 16, 2024.
21 Feb
The Nigeria Marine Coastguard Volunteer Service (NMCGVS) has set out to curb deaths by drowning in various water accidents across Lagos State.
21 Feb
President Bola Tinubu has been urged to investigate intellectual theft and corruption undermining initiatives to modernise operations at the ports.
15 Feb
Nigerians received a shocking Valentine's Day gift yesterday as the Nigerian Customs Service (NCS) raised the import duty exchange rate to N1,481.482/$1, which is a 2.56 per cent increase from the existing benchmark.
10 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.
11 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.
11 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.
11 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.
11 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.
11 hours ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
11 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.
11 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.