Maritime
2 hours ago
The Nigeria Customs Service (NCS) has announced the cancellation of all import declarations made during the brief implementation of the now-suspended four per cent free-on-board (FOB) charge, directing affected stakeholders to recapture their entries to facilitate their clearance.
20 Feb
The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that it is reviewing 16 proposals for amendments to the Maritime Labour Convention (MLC), 2006, commonly referred to as the Seafarers' Bill of Rights.
19 Feb
The Ondo State government has been urged to adopt a strategic approach to the development of its maritime industry to drive economic growth, create jobs, enhance trade and position the state as a leading maritime hub in Nigeria and West Africa.
19 Feb
The Nigeria Customs Service (NCS) said the significant price disparity between fuel costs in Nigeria and neighbouring countries has fueled large-scale smuggling, fostering a black market economy that deprives the nation of critical resources.
19 Feb
The implementation of the International Cargo Tracking Note (ICTN) in the second quarter of 2025 has garnered criticisms and support from stakeholders in the maritime sector despite the $500 million lost yearly to its non-implementation.
19 Feb
The Nigerian Shippers’ Council (NSC) has strengthened its partnership with the Maritime Police and Nigerian Navy to enhance efficiency and security in the country’s maritime sector.
19 Feb
Nigerian shipowners are behind in the global push for decarbonisation, even as the shipping industry recorded a 50 per cent increase in vessels using alternative fuel propulsion in 2024.
19 Feb
The Blue Economy Academy (BEA) has officially commenced operations to address “sea blindness” by bridging the knowledge gap in ocean-driven economic activities and providing structured training to unlock the wealth of Nigeria’s maritime sector.
14 Feb
The allocation of N35.75 billion for capital expenditure in the 2025 Appropriation Bill to the Ministry of Marine and Blue Economy has drawn criticism. Concerns have been raised about how the government intend to address the numerous challenges
12 Feb
The Minister of Marine and Blue Economy, Adeboyega Oyetola, has announced that the Federal Government (FG) has commenced a plan to establish a National Flag Carrier through a public-private partnership (PPP).
12 Feb
The Shipowners Association of Nigeria (SOAN) has called on policymakers to prioritise long-term contracts with the Nigerian National Petroleum Corporation Limited (NNPCL) and international oil companies (IOCs).
12 Feb
New data from the International Transport Workers’ Federation (ITF) has highlighted a disturbing rise in seafarers and vessel abandonment by ship owners, with Africa, the Middle East, Europe and Asia Pacific leading the trend in 2024.
20 mins ago
The Director of the National Single Window (NSW) Project, Tola Fakolade, has told freight forwarders that the system would not grant access to unqualified individuals or foreign players.
2 hours ago
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has urged the Central Bank of Nigeria (CBN) to do a reality check on the business environment and align its monetary policy decisions accordingly.
2 hours ago
The federal ministries of Works (FMoW) and Communications, Innovation and Digital Economy (FMoCIDE) have established a Joint Standing Committee on the Protection of Fibre Optic Cables to address the persistent issue of fibre optic cuts and damages caused by road construction and rehabilitation activities. These disruptions have had a significant negative impact on telecommunications services across Nigeria.
2 hours ago
The ongoing tax reforms will accelerate the economic growth of the country when it comes into operation, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said.
2 hours ago
Subscribers have kicked against another price hike by Multichoice, owners of DStv and GOtv, coming barely 12 months after the last one.
2 hours ago
Realising that his leadership style was stifling rather than empowering, Daniel reached out two weeks after our initial meeting for Executive Coaching service.
2 hours ago
Securities and Exchange Commission (SEC) has reduced the time required for companies to secure approvals to14 days, a move aimed at enhancing efficiency and strengthening the Nigerian capital market’s role in economic development.
2 hours ago
Retail transactions on the Nigerian Exchange Limited (NGX) surged by 33.10% in January 2025, climbing from N200.9 billion in December to N267.4 billion.
2 hours ago
Suss Ads, a global marketing, communications and technology agency, has partnered with Transmit, a Nigerian-based adtech, to provide marketing tech innovations for African markets.
2 hours ago
RusselSmith, provider of innovative industrial solutions focusing on asset integrity and advanced manufacturing, has joined the Commonwealth Enterprise and Investment Council (CWEIC) as a strategic partner.