New Customs Duties Push Up Cost of Tokunbo Cars in 2026
Buying a used imported car in Nigeria has become significantly more expensive in 2026 after the Federal Government introduced a revised customs duty structure that sharply increases the cost…
Buying a used imported car in Nigeria has become significantly more expensive in 2026 after the Federal Government introduced a revised customs duty structure that sharply increases the cost…
South African authorities have detained and fined four Chinese-flagged fishing vessels after they entered the country’s exclusive economic zone without authorisation, triggering a multi-agency enforcement response amid growing concern…
Norway has barred its merchant fleet from entering the Strait of Hormuz, escalating its response to mounting attacks on commercial vessels as tensions intensify in the widening confrontation between…
Swiss shipping giant MSC Group has secured a 45-year concession to develop a major new container terminal at Snake Island Port, deepening its long-term investment in Nigeria’s maritime sector.…
The Chief of the Naval Staff, Vice Admiral Idi Abbas, has ordered Nigerian Navy commanders to intensify operations to defend the country’s territorial waters and clamp down on criminal…
Iran warned the world to brace for oil at $200 a barrel as its forces struck merchant ships in Gulf waters and threatened prolonged disruption to global energy supplies…
The Nigeria Customs Service has seized 13 containers of prohibited, expired and falsely declared goods worth over ₦6.81 billion at the Lagos Port Complex Apapa, in one of its…
The Nigeria Customs Service in Kano has intercepted undeclared foreign currencies and a range of smuggled goods worth hundreds of millions of naira during a series of operations around…
Fears are mounting that Iran may be laying naval mines in the Strait of Hormuz, a move that could choke one of the world’s most vital shipping lanes and…
By Chima Nwana The introduction of the new Federal Ministry of Marine and Blue Economy by President Bola Ahmed Tinubu was a bold step in the right direction. It…
By Dr. Ade Dosunmu My attention has been drawn to speculation purported to have emanated from the Presidential Policy Advisory group erroneously classifying the Nigerian Maritime Administration and Safety…