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CBN’s Forex Ban’ll Boost Naira Stability –Expert

Forex: CBN, Shippers’ Council, Stakeholders To Negotiate Rate

Emefiele to go ANLCA, NAGAFF disagree on service withdrawal With the seeming illogical irony in the foreign exchange management by the Central Bank of Nigeria (CBN), last week, Nigerians have called for the removal of the CBN Governor, Mr. Godwin …

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Foreign Firm To Build Aircraft Repair Facility

Foreign Firm To Build Aircraft Repair Facility

The International Aviation Group, a global aviation project management conglomerate, is to build in the country a maintenance, repair and overhaul facility for aircraft operating within and outside Nigeria, the Federal Government has said. It stated that the group had …

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CBN’s e-Invoice, e-Valuator Policy Contravenes CEMA - Amiwero

Stakeholders Urge NPA To Fix Port Roads

Stakeholders in the maritime have appealed to the new Managing Director of the Nigerian Port Authority (NPA), Ms. Hadiza Bala Usman to repair the dilapidated port access roads that have made access to the ports very difficult for operators and …

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NIMASA urges stakeholders to maximise maritime sector potential

NIMASA Fully Committed To Cabotage- Dr. Peterside

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has reiterated the Agency’s determination in ensuring that the Coastal and Inland Shipping Act 2003 also known as the Cabotage Act is implemented to the …

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Pay duties on imported vehicles by April 12 –Customs

Customs adopts electronic auction system, Seizes 16 Containers

. . . abolishes issuance of Debit Note The Nigeria Customs Service, (NCS) has said that it will adopt the Electronic system for auctioning of seized cargoes just as it has also abolished the issuance of Debit Note for payment …

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CILT Elections: Crisis Looms, Jubril May Step Down

AGM, Elections Divide CILT As Danger Hangs On Lives

The expected national council election during the 2016 Annual General Meeting (AGM) and National Conference of the Chartered Institute of Logistics and Transport(CILT)  has polarized members into warring groups, with the palpable fear that if the drift is not quickly …

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Foreign Airlines Lost N6.4bn to Naira Devaluation

Foreign Airlines Lost N6.4bn To Naira Devaluation

The Country Manager of British Airways, Kola Olayinka has disclosed that foreign airlines operating in Nigeria lost N6.4billion in the N157.6 billion ($800) of their revenues trapped in the Central Bank of Nigeria (CBN) when the Naira was devalued from …

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FG introduces armed guards on Abuja-Kaduna trains

FG Introduces Armed Guards On Abuja-Kaduna Trains

To ensure the security of lives and property on the Abuja-Kaduna rail, the Federal Government on Wednesday announced that it had introduced armed guards on the trains that ply the rail line. It also stated that it had drafted hundreds …

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SIFAX Group Cuts Workforce By 10%

SIFAX Group Cuts Workforce By 10%

SIFAX Group has revealed that it downsized 10% of its staff as a result of the tough economic times which had seen the company’s revenue dip by 25% in the first half of 2016. MMS Plus confirmed this during a …

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LAMATA, Japan to build $1bn Lagos urban rail

LAMATA, Japan To Build $1bn Lagos Urban Rail

The Lagos State Government says it will partner the private sector, speficically Japan International Cooperation Agency, to construct a $1bn urban rail line. The state Commissioner for Transportation, Dr. Dayo Mobereola, said this during a seminar by the Lagos Metropolitan …

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Shippers' Council Boss Calls For Collaboration Among Maritime Agencies

Shippers’ Council Boss Calls For Collaboration Among Maritime Agencies

The Executive Secretary/CEO of the Nigerian Shippers’ Council (NSC) Barrister Hassan Bello has called on agencies in the maritime industry to collaborate with one another in order to move the sector forward. Bello stressed this recently when he received the …

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Customs, NPA Contest Ikorodu Terminal Management

Customs, NPA Contest Ikorodu Terminal Management

*NPA: Management transfer against due process *Customs claims 25 years control *Sapid : “Ikorodu is a bad business” One plan the immediate past Managing Director of the Nigerian Ports Authority(NPA), Mallam Habib  Abdullahi  could not  implement  before his exit is …

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Lack of Funds  Stalls Public Hearing On Ports and Harbour Bill—N/Assembly

Lack of Funds  Stalls Public Hearing On Ports and Harbour Bill – N/Assembly

The harsh economic situation being experienced by Nigerians is beginning to take its toll on the nation’s legislative arm of government as paucity of funds has stalled the public hearing of the Port and Harbours bill. Sources disclosed that the …

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FG: Transport Experts Should Generate Policies- WiLAT President

FG: Transport Experts Should Generate Policies- WiLAT President

…NPA MD To Support WiLAT The President of Women in Logistics and Transport (WILAT) Nigeria, Hajia Aisha Ali-Ibrahim has admonished the federal government to allow the professionals in the transport sector to make input to policies affecting the sector. The …

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OAL Launches Maritime Master Class

OAL Launches Maritime Master Class

Olisa Agbakoba Legal (OAL), a leading law firm in Lagos held its inaugural quarterly Maritime Master Class Series (MMCS) recently. The event was attended by participants from various financial institutions that were the intended target audience. OAL noted that the …

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NIMASA To Certify Naval Officers in Line with STCW 

NIMASA To Certify Naval Officers In Line With STCW 

The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to certify officers of the Nigerian Navy in line with the requirements of Standards of Training Certification and Watchkeeping (STCW).   The Director General of the Agency, Dr. Dakuku Peterside …

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AU Tasks ASA, AFFF To Drive AIM-Strategy

AU Tasks ASA, AFFF To Drive AIM-Strategy

The African Union Commission has named the African Shipowners Association (ASA) its official partner for driving the implementation of the Africa’s Integrated Maritime Strategy (AIMS) for the advancement of maritime interest in the continent. This occurred at the just concluded …

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NIMASA Reiterates Commitment To IMO Instruments

NIMASA Reiterates Commitment To IMO Instruments

… Stakeholders Commend Dakuku The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has reaffirmed the agency’s commitment to the implementation of all the instruments of the International Maritime Organisation (IMO) to ensure the …

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Buhari Inaugurates $1.46bn Abuja-Kaduna Rail Service

President Muhammadu Buhari on Tuesday inaugurated the $1.46bn Abuja-Kaduna train service. After series of postponements, the President finally signalled the commencement of the rail project. The railway modernisation project commenced with the signing of the contract for the construction of …

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NIMASA urges stakeholders to maximise maritime sector potential

NIMASA Reiterates Commitment To IMO Instruments

… Stakeholders Commend Dakuku

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