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NEWS LENS
ECM Terminals CEO, Dayo Balogun, Dies At 61
The Chief Executive Officer of ECM Terminals, operators of Calabar Free Port Terminal B, Mr. Dayo Balogun, has died. Balogun…
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NEWS LENS
MOWCA Ends Exchange Visits, Affirms Collaboration Amongst Members
BY SUNNY EDEMENANG – SOUTH-SOUTH The Inaugural Exchange visit of Maritime Education and Training Institutions (METIs) under the auspices of…
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OPINION
IBOM DEEP SEAPORT: Technical Committee Presents Feasibility Study To Gov Umo
By Sunny Edemenang – South-South The recent appeal to the people of Akwa Ibom State by the Chairman of the…
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NEWS LENS
Q1:NPA Sustains Growth Trajectory As Vehicle Traffic Jumps To 67%
Nigeria’s maritime sector recorded strong operational growth in the first quarter of 2026, with Gross Registered Tonnage (GRT) for ocean-going…
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NEWS LENS
‘Vessel Fund Sustainability Depends On Repayment Plans’
An Assistant Director in the Public Relations Unit at the Abuja Zonal Office of the Nigerian Maritime Administration and Safety…
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OIL & GAS
Dangote Eyes 20,000MW Power, Defends Refinery Investment
Africa’s richest businessman, Aliko Dangote, has disclosed plans to expand into 20,000 megawatts of power generation, while defending his over…
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ASSETS & FINANCIALS
Banks Earn N18.2tn Despite Profits Decline
Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and…
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NEWS LENS
FG Receives $600m Maritime Investment Proposal From APMT
The Federal Government, through the Nigerian Shippers Council, said it has received a proposal for an additional $600m investment into…
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OIL & GAS
Sahara Pushes Digital Grid To End Power Crisis
Sahara Power Group has advocated the adoption of a digital electricity grid as a solution to Nigeria’s persistent power supply…
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ASSETS & FINANCIALS
UBA, Others Seal Cross-Platform Payments Deal
United Bank for Africa, MoMo PSB, and Redtech have announced a strategic payment interoperability partnership. The collaboration aims to dismantle…
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OIL & GAS
Oil Falls 11% As US-Iran Deal Nears
Global oil prices plunged sharply on Wednesday, with Brent crude falling about 11 per cent to below $100 per barrel,…
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OIL & GAS
US-Iran War: FG Rejects Subsidy, Price Control Return
The Federal Government has ruled out a return to fuel subsidies and the introduction of price control despite rising global…
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NEWS LENS
Customs Nab 71-Year-Old With N2.35bn Cocaine Haul
The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has said that it arrested a 71-year-old man with 6.35kg…
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OIL & GAS
Dangote Refinery Hikes Petrol Price To ₦1,350
Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to N1,350 per litre.…
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OIL & GAS
Power: Egbin Restores 451MW After Fatal Maintenance Accident
The Egbin power plant in the Ikorodu axis of Lagos State has restored power generation to the national grid days…
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NEWS LENS
FG Seeks Fair Terms In Global Shipping Decarbonisation
The Federal Government has called on the global maritime community to prioritise fairness, equity, and adequate support for developing economies…
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ASSETS & FINANCIALS
States, FCT External Debt Nears $5.7bn Amid Higher FAAC
Thirty-two states and the Federal Capital Territory’s debt rose to nearly $5.7bn in fresh external loans in 2025, driving a…
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NEWS LENS
Tinubu Reshuffles Power Sector, Appoints New Minister, Adviser
After months of blackouts, President Bola Tinubu has begun a fresh restructuring of Nigeria’s power sector with the nomination of…
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NEWS LENS
Jet Fuel Crisis: FG Seeks 30-Day Credit Window For Airlines
To tackle Nigeria’s worsening jet fuel shortage and price surge, the Federal Government has asked marketers to grant airline operators…
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NEWS LENS
Agents Slam Shipping Line Over Dollarised Empty Container Sales
The African Association of Professional Freight Forwarders and Logistics of Nigeria has condemned the recent advertisement by Grimaldi Agency Nigeria…
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