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NOVA Bank appointed to collect import duty, others

NOVA Bank appointed to collect import duty, others

NOVA Merchant Bank has been appointed as a designated collecting bank for import, excise and other duties by the Nigeria Customs Service. A statement said this was in fulfilment of its commitment to constantly find new ways to serve its ...

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NAMA begins calibration of landing instrument at Lagos airport

NAMA begins calibration of landing instrument at Lagos airport

After much delay, the Nigerian Airspace Management Agency (NAMA), has begun calibration of Category III Instrument Landing System at the Murtala Muhammed International Airport (MMIA), in Lagos. Media source learnt that the process begun with the arrival of the newly-acquired, ...

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US-China Friction, Brexit Grounded Nigeria’s Economy In 2019 – Experts

US-China Friction, Brexit Grounded Nigeria’s Economy In 2019 – Experts

· NIMASA, Finance Ministry To Slash Customs Duties On Ships, Spare Parts · We have secured tax holidays for vessel import – Bello By Kenneth Jukpor The global uncertainty occasioned by the economic tussle between the United States of America (USA) and ...

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FG Eyes Top 70 In World Bank’s EoD Ranking By 2023

FG Eyes Top 70 In World Bank's EoD Ranking By 2023

By Kenneth Jukpor The Federal Government says it is targeting placing Nigeria among the first 70 countries in the World Bank Ease of Doing Business index by 2023, with the maritime sector expected to be the economic anchor, according to ...

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GAC Shipping, APMT, TICT, Others Bag NIMASA 2019 Industry Awards

GAC Shipping, APMT, TICT, Others Bag NIMASA 2019 Industry Awards

As 181 workers receive commendation in Long Service Awards By Kenneth Jukpor GAC Shipping Company emerged the overall best shipping company in Nigeria at the Nigerian Maritime Administration and Safety Agency (NIMASA) 2019 Industry Stakeholders’ Merit Awards which held in ...

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Dana Air Targets 7.2 Million Passengers From 5.4 Million By Q1, 2020

Dana Air Targets 7.2 Million Passengers From 5.4 Million By Q1, 2020

Nigerian carrier, Dana Air has said that with its increased fleet to 9 aircraft, it is targeting 7.2 million passengers from its current figure of over 5.4 million passengers as announced during its 11th Anniversary in November 2019. The airline ...

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NCAA Hinges Flight Delays, Cancellations On Low Capacity

NCAA Hinges Flight Delays, Cancellations On Low Capacity

The Nigerian Civil Aviation Authority (NCAA), has blamed the incessant flight delays and cancellations in local operations on the depleted fleet of some of the operating airlines. The apex regulatory body said t he multiple delays further worsened during the ...

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Port Authority CP Assures Effective Policing At Lagos Ports

Port Authority CP Assures Effective Policing At Lagos Ports

By Kenneth Jukpor Following complaints about the activities of officers of the Nigerian Police Force (NPF) at Lagos ports and along the ports access roads, the Commissioner of Police (CP), Western Ports, Mr. Cyril Okoro, has assured more effective policing ...

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Consumer goods producers groan under border closure

Consumer goods producers groan under border closure

Many companies operating in the Fast Moving Consumer Goods sector are currently not finding the prolonged closure of the country’s borders funny. Their worry stems from the reported high cost currently being incurred in exporting their goods and importing some ...

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Pirate attacks in Gulf of Guinea increased in 2019

Pirate attacks in Gulf of Guinea increased in 2019

The latest report from the International Maritime Bureau’s (IMB), revealed that incidences of maritime piracy increased by about 50 percent from 78 in 2018 to 121 in 2019. Although it reported overall piracy incidents decline in 2019, IMB, however, said ...

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Recruitment budget: N1.6bn for hiring, training, Customs insist

Recruitment budget: N1.6bn for hiring, training, Customs insist

The Nigeria Customs Service has insisted that the N1.6bn allegedly paid to a consultant to conduct the ongoing recruitment exercise into the service was budgeted for both the recruitment and training for the entire period of the exercise. In an ...

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Buhari inaugurates Lagos-Ibadan railway in May, says Amaechi

Buhari inaugurates Lagos-Ibadan railway in May, says Amaechi

The Minister of Transportation, Rotimi Amaechi, on Tuesday, said the President, Major General Muhammadu Buhari (retd.), could inaugurate the Lagos-Ibadan railway in May. Amaechi, who said this on a live television programme monitored in Abuja, noted that the Federal Ministry ...

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Agents lament Nigeria’s rating in freight forwarding

Agents lament Nigeria’s rating in freight forwarding

The Council for the Regulation of Freight Forwarding in Nigeria has lamented the poor position of the country in global freight forwarding business. The Registrar and Chief Executive Officer of the CRFFN, Samuel Nwakohu, described as unfortunate a situation where ...

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Empty Containers Play Significant Role In Apapa Traffic Chaos – Customs

New CGC: Stakeholders Sceptical

By Kenneth Jukpor In a bid to ensure order at Lagos ports and eliminate the perrenial gridlock, Nigeria Customs Service (NCS) has appealed to the federal government to find a lasting solution to the empty container quagmire at the ports. ...

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Usoro, Moges, Others To Speak In World Bank Conference On Gender Parity In Transport

Usoro, Moges, Others To Speak In US Conference On Gender Parity In Transport

With a recent global gender gap report of 2019 released by the World Economic Forum, claiming that it will take 257 years to close the global gender disparity ratio in economic participation, eminent speakers drawn from both private and public ...

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Freight Agents Query NPA Over Trucks Parked At TICT Gate

Freight Agents Query NPA Over Trucks Parked At TICT Gate

By Kenneth Jukpor Freight agents have expressed displeasure over the laxity of Nigerian Ports Authority (NPA) security officials as truck drivers abandon trucks at the entrance of the Tin Can Island Container Terminal, Lagos.   The agents under the aegis ...

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Presidential Taskforce, Port Stakeholders Disagree On Reality Of Apapa Gridlock

Presidential Taskforce, Port Stakeholders Disagree On Reality Of Apapa Gridlock

By Kenneth Jukpor The Presidential Task Force on the Restoration of Law and Order at the Lagos ports and other stakeholders of the ports had a heated session over the status of Apapa traffic during a stakeholders’ meeting yesterday, organized ...

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NIMASA’s 2019 Gains: Final Billing System, Improved Ship Registry, Others – Dakuku

NIMASA To Ensure Compliance To IMO 0.5% Sulphur Limit

The Nigerian Maritime Administration and Safety Agency (NIMASA) said its regulatory and promotional activities have been a major economic stimulus for the country, especially in the last one year with the final billing system, improved ship registry, port state control, ...

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GRIMALDI car carrier seized by Libyan National Army?

GRIMALDI car carrier seized by Libyan National Army?

Naval forces of the Libyan National Army (LNA), led by Marshal Khalifa Haftar, opposed to Libyan UN-recognized government, seized Italian cargo ship, according to official LNA statement, released on Jan 12. The ship was en route to Misurata Port, controlled ...

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2020 Budget: N123bn Transport Allocation Can’t Deliver FG’s Infrastructure Goals – Experts

2020 Budget: N123bn Transport Allocation Can’t Deliver FG’s Infrastructure Goals - Experts

· Nigeria’s budget not an actionable document, it’s PR — Prof. Utomi · Railway deserves priority to boost Nigeria’s economy — Bello, Udoma By Kenneth Jukpor Despite the federal government’s commitment to developing Nigeria’s transport infrastructure, economic experts assert that the N123 ...

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