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
1 hour ago
The price of Liquefied Petroleum Gas (LPG), also known as cooking gas, has continued its upward swing rising by 7.1 per cent in the last month, thus making life more difficult for Nigerians who are struggling with food inflation.
1 hour ago
Various fibre cuts may have cost affected telecoms operators, especially MTN and Airtel, about N27 billion ($23 million) in repairs last year. To reduce the cost of the operations of the firms, the Federal Government through the Ministry of Works
2 hours ago
The Federal Government, through the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria.
3 hours ago
After a weekend of tension over the resignation of Dr Adesola Adeduntan, Olusegun Alebiosu has emerged as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group)
3 hours ago
Just as it is with corporate goal setting, collaboration for effective performance involves integrating a system that gives employees the opportunity to engage or provide feedback.
3 hours ago
UBA America, a subsidiary of the pan-African financial giant United Bank for Africa (UBA) Plc, has reinforced commercial diplomacy among countries, institutions and individuals while fostering robust international collaborations.
4 hours ago
There is fresh hope among the Nigerian insurance industry players that the appointment of Olusegun Omosehin as the new Commissioner for Insurance/Chief Executive Officer of the National Insurance Commission (NAICOM) continues to generate interest in various segments of the industry.
1 day ago
The tasks of the Nigerian delegation to the just-concluded International Monetary Fund (IMF) and the World Bank Spring Meetings in Washington, United States, were well defined – sell Nigeria, seal economic pacts and market packages
1 day ago
Inflation will hit 34.98 per cent this month, analysts at Cordros Capital analysts have said.
1 day ago
There is fresh hope among the Nigerian insurance industry players that the appointment of Olusegun Omosehin as the new Commissioner for Insurance/Chief Executive Officer, the National Insurance Commission (NAICOM) continues to generate interest in various segments of the industry.