Port operations in the country have been hit by hike in import duties of vehicles and rice as well as the introduction…
Maritime
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Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, has disclosed that Nigerians are losing out of the lucrative maritime…
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BusinessEconomyMaritimeNews
Bill to encourage private sector participation in ports operation passes second reading
A Bill seeking legislative framework to provide enabling environment for private sector participation in maritime sector scaled through second reading on Tuesday…
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BusinessEconomyMaritimeNews
Senate discovers billions of naira overtime cargoes unclaimed after 10 years
The Senate has discovered overtime cargoes worth billions of naira stacked at the Ikorodu Lighter Terminal, Lagos State, by the Nigeria Ports…
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Committees of the Senate and House of Representatives have jointly threatened to cancel the concession extension granted nine terminal operators for violation…
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TWO years after the United States government gave Nigeria an ultimatum to put its port security in order, or face sanction, the…
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BusinessEconomyMaritimeNews
Buhari fires Abdullai, appoints Ms. Hadiza as new Managing Director, NPA
President Muhammadu Buhari has appointed Ms. Hadiza Bala Usman, the founder of the Bring Back Our Girls Group as Managing Director of…
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West Africa Container Terminal (WACT) and The APM Terminals Apapa Ltd are to provide weighing services to exporters. They have installed controls…
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International Maritime Organisation, (IMO) has given the Nigerian Maritime Administration and Safety Agency (NIMASA) 90 days ultimatum to formulate a long term…
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The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Hassan Bello, has said that the Regional Maritime Bank will soon fully take off…
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The Nigeria Customs Service (NCS) has approved a new procedure for the disposal of seized and overtime goods in its bid to…
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BusinessEconomyMaritimeNews
Continental shelf project to extend Nigeria’s maritime territory by 104,000km — Commission
The National Boundary Commission (NBC) said Thursday that Nigeria’s Continental Shelf Extension Project was aimed at gaining for Nigeria an additional maritime…
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The Comptroller-General of the Nigeria Customs Service (NCS), Alhaji Dikko Abdullahi Inde, says he will proceed on voluntary retirement from August 18.…