FG shortlists 11 banks to disburse $350m Cabotage vessel fund

The Federal Government has shortlisted 11 banks to disburse $350million Cabotage Vessel Financing Fund (CVFF). The…

Abuja MoU decries effect of substandard ships on human life, marine environment

    The Secretary-General, Abuja MoU, Captain Sunday Umoren has decried the detrimental effects of substandard…

FG declares Monday public holiday

The Federal Government has declared Monday 10th October as public holiday to mark this year’s Eid-ul-Mawlid…

Transnet declares force majeure at South African ports over strike

South African terminal operator Transnet has declared force majeure at its ports over a strike by…

Norway limits access for Russian fishing trawlers in security push

Norway said on Thursday it would impose limits on Russian fishing vessels using its ports, in…

Piracy: Court convicts 20 persons in one year

The Nigerian Maritime Administration and Safety Agency (NIMASA) said it had secured at least 20 convictions…

Bello-Koko: Customs physical examination inefficient, hampering port operation 

The Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko has decried the high rate of…

Osinbajo seeks sustained exploration of seabed in Africa

Vice President Yemi Osinbajo has tasked African countries to evolve strategies for the sustainable exploration of…

Reps query $10.7bn Escravos gas project 

An ad hoc committee of the House of Representatives on Tuesday queried the implementation of the…

Customs says it has space for 9,000 containers at Ikorodu warehouse 

The Nigeria Customs Service said a government warehouse at the Ikorodu Lighter Terminal, Lagos, can comfortably…

Customs impound pump action rifle, local guns, cartridges, others

The Federal Operations Unit, Zone A, of the Nigeria Customs Service said it seized one pump…

WTO slashes 2023 global trade forecast as recession looms

The World Trade Organisation (WTO) on Wednesday dramatically lowered its global trade forecast for 2023, as…