Monday, 25th October 2021
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Cabotage Act

18 Aug
Nigeria shipowners’ hope of getting the Cabotage Vessel Financing Fund (CVFF) to enable them to reposition the industry for active participation in sub-Saharan shipping transactions
25 Jun 2019
A Federal High Court, Lagos has in a landmark judgment held that drilling operations fall within the definition of ‘coastal trade’ under the Coastal and Inland Shipping (Cabotage) Act and that oil rigs fall within the definition of vessels under the Act.    Trial judge, Babs Keuwumi gave the verdict June 14, 2019 in a…
4 Dec 2016
Thirteen years after the Cabotage Act was signed into law, the poor implementation of the legislations has left Nigerian operators in the maritime industry in the doldrums.

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Nigeria central bank digital currency (CBDC), the eNaira, has gone live after an official launch by President Muhammadu Buhari on Monday. Buhari launched the eNaira at the State House in Nigeria's capital Abuja after a previous plan to unveil the digital currency on October 1 was put on hold. "We have become the first country…
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British Prime Minister Boris Johnson on Monday said he was "very worried" that the 12-day COP26 climate summit he will host in Glasgow from later this week "might go wrong".