Maritime
2 days ago
The newly elected executives of the Women’s International Shipping and Trading Association (WISTA) Nigeria have been charged to ensure the attainment of major structural adjustments in the nation’s shipping industry as well as create opportunities..
2 days ago
The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service (NCS) has reiterated its commitment to achieving faster cargo clearance by targeting a two-hour cargo clearance time.
2 days ago
To address the growing unemployment rates among seafarers in Africa, a maritime and anti-piracy security expert trained in the United States, Capt. Alfred Oniye, has outlined a comprehensive plan aimed at revitalising job prospects for this skilled workforce.
2 days ago
Shipbuilding is complex. While Liberia has the largest registered tonnage, it doesn’t build ships. Many African nations, including Nigeria, Ghana, and South Africa, established shipyards decades ago recognising shipbuilding’s role in national development.
2 days ago
Importers and clearing agents have voiced serious concerns over ongoing security issues and operational inefficiencies at some terminals at Tin Can Port. Industry insiders report frequent incidents of vandalism and theft
10 Apr
The Federal Government has been told to revise and eliminate specific waiver clauses within the Coastal and Inland Shipping (Cabotage) Act, the Nigerian Maritime Administration and Safety Agency (NIMASA) Act
10 Apr
The Spanish Ambassador to Nigeria, Juan Ignacio Sell, has emphasised Nigeria’s pivotal position in ensuring the security of the Gulf of Guinea.
10 Apr
APM Terminals Apapa has disclosed an investment of 9,696 man-hours in employee learning and development for the year 2023 to ensure employees can compete globally with relevant skills.
10 Apr
With about eight months to go until the International Maritime Organisation (IMO) 2025 deadline, stakeholders are expressing frustration and uncertainty about Nigeria’s ability to implement the National Single Window.
4 Apr
The Nigeria Customs Service (NCS) has reported a notable decline in cargo throughput, with a 4.89 per cent decrease in the volume of transactions in the first quarter.
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
NOW
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
A foreign investor at TLG Capitals, Isaac Marshall, has attributed the naira gain to the decision of the Central Bank of Nigeria (CBN) to clear the FX backlog. Nigeria's foreign exchange (FX) reserves have fallen to a six-year low, Marshall said in a statement on his LinkedIn account on Thursday. He stated that this decline…
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.
1 day ago
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.
1 day ago
Nigerian Breweries (NB) Plc has disclosed that the proposed N600 billion recapitalisation scheme by way of rights issue would settle N153 billion outstanding foreign exchange (FX) losses and part of its local bank debt facility.
1 day ago
The International Renewable Energy Agency (IRENA) is seeking a new approach to energy security amidst geopolitical concerns and a push from fossil fuels.
1 day ago
The Chartered Institute of Bankers of Nigeria (CIBN) 2024 yearly lecture, slated to take place on April 23, at the Civic Center, Victoria Island, Lagos, has its theme as "Improving Availability of Credit in the Nigerian Real Economy: The Critical Importance of Liquidity."
1 day ago
The International Agro Original Equipment Manufacturers (OEM) has called for the exemption of all agriculture equipment from all forms of taxes, import duties, Value Added Tax and other levies for at least two years to enable Nigeria to become self-sufficient in food production.
1 day ago
The Organised Private Sector (OPSN), comprising top Business Membership Organisations (BMOs), has warned that over 65 per cent of private businesses, especially manufacturing concerns and SMEs, may be forced to close down due to the over 200 per cent hike in electricity tariff. The BMOs, comprising the Manufacturers Association of Nigeria (MAN), National Association of…