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FG asks London court to cancel $11bn damages

FG asks London court to cancel $11bn damages

  Nigeria was the victim of “a campaign of bribery and deception” over a collapsed gas processing project, its lawyers told London’s High Court on Monday, as the country’s appeal against an $11bn damages bill got underway. Reuters reported that …

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Late Otunba Olakunle Folarin Was A Maritime Repository Of Knowledge- Sambo

Late Otunba Olakunle Folarin Was A Maritime Repository Of Knowledge- Sambo

The Minister Of Transportation, Mu’azu Jaji Sambo has described the late Otunba Olakunle Folarin Sunday as a Maritime Repository of Knowledge. Sambo eulogised the late Otunba Folarin during a night of tribute in honour of the maritime icon at Harbour …

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Rate hikes ineffective against inflation, LCCI tells CBN

Emefiele: How DSS Quizzed 27 Bank CEOs Over Forex Fraud

There is no respite yet for the embattled Central Bank of Nigeria Governor, Godwin Emefiele, in his battle of wits against the Department of State Services as the Agency on Thursday submitted more damning evidence against the apex bank’s boss, …

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NPA: Sambo  Pledges  Support  To  Workers’ Welfare

NPA: Sambo  Pledges  Support  To  Workers’ Welfare

The  Minister of Transportation, Mu’azu Jaji Sambo has pledged the support of the Ministry of Transportation to the Nigerian Ports Authority(NPA) on its initiatives on staff welfare. Sambo made the pledge at the 2022 Year Long Service/Merit Award of the NPA …

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African Trade: Development Banks Ready To Finance Projects

African Trade: Development Banks Ready To Finance Projects

The availability and willingness of development banks in Africa to finance projects has changed the impression that funds are not accessible for ship or infrastructure finance. Speaking with MMS Plus, the Chairperson, Sealink Implementation Committee, Mrs Dabney Shall-Holma said, “There …

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Stakeholders knock FG over $3.2bn Customs modernisation project

Customs Confirms Management Shake Up

 The Nigeria Customs Service(NCS) finally has confirmed the appointment and redeployment of 20 management members of staff to enhance strategic and effective service delivery.  Recall that MMS Plus had reported that there was a major repositioning exercise in the service …

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SAHCO Wins Accuracy, Precision Excellence Award

SAHCO Wins Accuracy, Precision Excellence Award

Skyway Aviation Handling Company PLC (SAHCO) has won the 2022 Accuracy and Precision Excellence award. The Award was conferred on SAHCO PLC by AVOLAD Engineering Nigeria Limited during their 2022 Accuracy and Precision Excellence Award Dinner held in Lagos. According …

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Media Organize Colloquium In Honour Of Late Otunba Kunle Folarin  Thursday

Media Organize Colloquium In Honour Of Late Otunba Kunle Folarin  Thursday

Media Friends of Late Otunba Kunle Folarin in collaboration with the Nigerian Ports Consultative Council, NPCC, will hold a One-Day Colloquium in honour of the late maritime sage, Otunba Kunle Folarin on Thursday, January 19, 2023.  Captains of industry, dignitaries, …

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N13bn drugs, military hardware seized at Lagos airport

N13bn drugs, military hardware seized at Lagos airport

The Murtala Muhammed Airport Command of the Nigeria Customs Service has said it intercepted hard drugs, and military and police hardware at the cargo section of the airport. Addressing journalists at the command in Ikeja, Lagos, on Tuesday, the Customs …

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NIMASA Approves Minimum Wage Document For Seafarers

Shipowners split over $350m maritime fund disbursement

The Shipowners Association of Nigeria has disagreed with the Maritime Administration and Safety Agency’s request for its merger with the Nigerian Indigenous Shipowners Association as a prerequisite over the disbursement of the $350m and N16bn Cabotage Vessels Financing Fund. NIMASA …

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Customs Loses N135billion To NDDC In Waivers

Customs Loses N135billion To NDDC In Waivers

By Genevieve Aningo   Nigeria Customs Service(NCS) incurred revenue losses of 135billion to strings of Federal Government duty concessions, exemptions and waivers in seven years to the Niger Delta Development Commission(NDDC) in what has been described as a major encumbrance …

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Customs Initiates New Cargo Fast Track Code To Reward Compliance

Kirikiri Customs To Unveil Book On Customs Administration

  The Nigeria Customs Service(NCS) Kirikiri Lighter Terminal Command in collaboration with Comptroller (Dr.) Ben Oramalugo , will officially launch a book titled: “Customs Administration In Nigeria” The venue of the book launch is the Conference Room of Nigeria Customs …

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Customs Plots To Sack Webb Fontaine Over Poor Services

Customs Plots To Sack Webb Fontaine Over Poor Services

Alleges revenue target frustration, bad personnel training Webb Fontaine boss admits integrity question Emboldened by the litany of complaints of failed services from importers, the Nigeria Customs Service(NCS) has officially made known its intention to take over the control of …

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Chamber Of Shipping Appoints Chimezie-Azubuike DG

Chamber Of Shipping Appoints Chimezie-Azubuike DG

  The Governing Council of the Nigerian Chamber of Shipping (NCS) has announced the approval of the appointment of Mrs. Vivian Chimezie-Azubuike as its substantive Director General effective November 11, 2022. The NCS was formed in 2003 with the primary …

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Maritime operators to get $700m for vessel acquisition –FG

NIMASA Set To Attain Effective Port, Flag Administration With Standardised Digitalization

  The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh, has said that international collaboration to attain standardized digitalization is essential for Maritime Administrations across the world and all stakeholders in the maritime sector …

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Hackers Attack Port Of Lisbon, Demand $1.5m

Hackers Attack Port Of Lisbon, Demand $1.5m

Hackers at LockBit claim that they have taken down Port of Lisbon’s website and have stolen files and data from the computer systems of the Portuguese port. The cyber attack reportedly occurred on December 25, 2022. The hackers threatened to …

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Experts oppose aviation varsity

Experts oppose aviation varsity

Experts in the aviation industry have kicked against the establishment of the African Aviation and Aerospace University. Speaking with our correspondent in Abuja, Secretary-General Aviation RoundTable, Olumide Ohunayo, queried the establishment of the university, adding that the university should be …

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African air cargo volume declines at slower pace

African air cargo volume declines at slower pace

  African air cargo volume declined at a slower pace of 6.3 per cent in November compared to 8.3 per cent dip recorded in the previous month, the International Air Transport Association’s report for November 2022 global air cargo markets …

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Nigeria hosts international maritime ‘Exercise Obangame Express 2023’

Nigeria hosts international maritime ‘Exercise Obangame Express 2023’

The largest multinational maritime exercise in Western and Central Africa, Exercise Obangame Express 2023, will kick off its 12th year with 29 participating nations at an opening ceremony in Lagos, Nigeria, in January 23, 2023. Conducted by the United States …

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Media Organize Colloquium In Honour Of Late Otunba Kunle Folarin  Thursday

Otunba Kunle Folarin’s Burial: PCC  Holds Night Of Tributes

Ahead of the scheduled burial of the late chairman of the Nigerian Ports Consultative Council (NPCC); Otunba Kunle Folarin, the Council has been galvanizing different groups of maritime industry stakeholders towards a befitting burial.  Otunba Kunle Folarin died on November …

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