Nigerian shippers have blamed the high cost of clearing and the fluctuating exchange rate for cargo clearance for the rising inventory among manufacturers. The shippers spoke on Wednesday in Lagos at the maiden press conference of the National Shippers Association …
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The Nigeria Customs Service, Murtala Muhammed Airport Command said it raked in N28bn as revenue between January and February. This was disclosed in a statement on Wednesday by the Public Relations Officer of the command, Victor Ogagbor. The Customs Area …
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West Africa Container Terminal, owned by APM Terminals, has unveiled a new container freight station in Onne Port, Rivers State. In the statement, the company said that the new facility would WACT a step closer towards its strategic vision of …
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Ten women with remarkable difference and impact have been nominated for recognition as Inspired Amazons to mark the 2024 International Women’s Day(IWD) by the MMS Woman of Fortune Hall of Fame(WoFHoF) Initiative, a non-profit organisation which has the Governing Council Chairperson as …
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Chief of Naval Staff, Vice Admiral Emmanuel Ogalla The Nigerian Navy has disclosed that it has acquired two high-endurance offshore patrol vessels from Dearsan Shipyard, Turkey, to boost maritime security. The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, disclosed …
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A team of experts from the International Civil Aviation Organisation, the United Nations agency that regulates the global aviation industry, has arrived Nigeria to carry out security audits of the Murtala Muhammed International Airport, Lagos, and the Nnamdi Azikiwe International …
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The director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has handed the affairs of the regulatory agency to the Executive Director, Finance and Administration, Chudi Ofodile, following the expiration of his tenure. Jamoh handed over …
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Professor Charles Ogbulogo The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great potential for the country and can contribute $1.5tn to the global economy if properly utilised. Ogbulogo, who was represented at …
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Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo. Nigeria is to begin the formal export of locally produced commodities to South Africa, Rwanda, Cameroon and Kenya from next month under the Guided Trade Initiative of the African Continental …
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Koko Bello, MD, NPA The Nigerian Ports Authority has said that its annual revenue grew to N501bn in 2023 from N361bn in the prior year. The Managing Director of NPA, Mohammed Bello-Koko, in a statement on Thursday, attributed the revenue …
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Joint section of the Senate The House of Representatives has summoned the Ministers of Blue Economy Gboyega Oyetola and his transportation counterpart, Saidu Alkali over alleged fraudulent concession of some ports infrastructure. Also invited for questioning are the Managing Director, …
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The Nigerian Navy has set ablaze four illegal oil refining sites in Rivers, Bayelsa and Ondo States between Saturday and Sunday. The Nigerian Navy, in a series of posts on its social media handles Monday said the clampdown on oil …
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By Charity Ogbu Oba Olusegun Oyiri (JP), the Oloshoroko of Oshoroko Kingdom (3rd from left), The President of Women International Shipping and Trading Association (WISTA) Nigeria, Mrs Eunice Ezeoke while presenting the boat with an engine to women leader of …
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In a bid to make air travel more affordable for Nigerians, the Nigeria Civil Aviation Authority, Chris Najomo, has set up a 10-man committee to probe foreign airlines over skyrocketing fares. This was disclosed in a press statement released to …
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Compt. Ben Oramalugo, Ph. D, CAC, Oyo/Osun Customs Command, displaying seized items to the media. The Nigeria Customs Service Area Controller, Oyo/Osun Area Command, Dr Ben Oramalugo, said the command intercepted fake pharmaceuticals comprising Augmentin tablets, Ampiclox and Amoxycillin capsules …
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Jaiyeoba, CAC The Apapa Command of Nigeria Customs Service on February 23, 2024, recorded another revenue collection milestone by generatingN16,021,660,412.00. This is an indication that the N5trillion 2024 fiscal year target for Nigeria Customs Service (NCS) is realizable especially with …
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President Tinubu OPS, experts caution on hash operating environment More businesses to close shop Over 600,000 jobs from both private and public sectors will be lost to unfavorable government policies soon this fiscal year in Nigeria, studies have revealed. Bemoaning …
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Three persons have been confirmed dead and 11 others rescued when a boat loaded with 14 passengers capsized on Monday along the Ibeshe/Ikorodu channel in Lagos. This sad incident is happening barely a week after a female passenger lost her …
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The Central Bank of Nigeria(CBN) on Friday said that the prevailing exchange rate on the date the Form M was opened for the importation of goods will be adopted for calculating duties on imported goods effective Monday, February 26.This was …
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The Nigeria Customs Service, on Monday, announced the suspension of the sale of foodstuffs following a stampede that reportedly killed seven persons at the NCS Old Zonal Headquarters in the Yaba area of Lagos State on Friday. The Chief Superintendent …
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