Maritime
31 Jan
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.
31 Jan
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.
31 Jan
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.
31 Jan
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.
30 Jan
The federal government said the deployment of the largest liquefied natural gas (LNG)-powered container vessels to Nigerian deep seaport is in tandem with the country's commitment to the 2023 International Maritime Organisation’s (IMO)
28 Jan
The Nigeria Customs Service (NCS) has planned to launch a Time Release Study (TRS) as part of efforts to optimise processes and reduce the time to get goods released at seaports and land borders across the country.
21 Jan
The continuous rise in import duty is hurting the importation of cargo into the country, with importers and clearing agents lamenting the high cost of shipment into Nigeria and clearing consignment at the ports across the country.
21 Jan
The Executive Secretary/Chief Executive Officer, Nigerian Shippers Council, Pius Ukeyima Akutah, has commended the Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, for its impact in the nation’s maritime sector.
17 Jan
Captain Alfred Oniye is a United States-trained maritime and anti-piracy security expert. He has led several successful anti-piracy sea operations and holds the first PhD in maritime security and safety management in the world. He speaks with ADAKU ONYENUCHEYA on causes of insecurity on the waterways as well as possible solutions. We have continued to…
17 Jan
Nigerian Ports Authority (NPA) has said it is sourcing low-cost funds to fully modernise its existing ports to accommodate modern cargo handling equipment, reduce vessel turn-around time and improve the berth occupancy factor.
17 Jan
The Association of Nigerian Licensed Customs Agents (ANLCA) has solicited the intervention of the Assistant Inspector-General of Police, Maritime Police Command, Lagos, Olofu Rhoda, in reducing the rate of human interference at cargo clearing points.
17 Jan
The federal government has advocated exploring public-private partnerships to oversee the installation and maintenance of scanning technology at the nation’s seaports to sustain efficiency and foster innovation in cargo inspection processes.
1 day ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
1 day 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.
1 day 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.
1 day 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.
1 day 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.
1 day ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
1 day 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.
1 day 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.
2 days 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.
2 days 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.