Nigeria’s Q1 2022 GDP rises by 3.1% 

Nigeria’s economy grew 3.11 per cent in the first quarter of 2022, the National Bureau of Statistics…

Nigeria’s inflation rate hits 8-month high at 16.82% 

The consumer price index, which measures the rate of increase in the price of goods and…

IMO slams Nigeria, 19 others for failure to correct maritime audit deficiencies 

The International Maritime Organisation (IMO) has expressed its disappointment with Nigeria and 19 other countries in…

Nigeria to host maritime security conference

  Nigeria and the Inter-Regional Coordination Centre, Yaounde, have concluded arrangements to host the fifth plenary…

CMA CGM increases demurrage, shipping charges to Nigeria 

French shipping line CMA CGM has increased the local charges and demurrage payable on container shipped…

World Bank faults Nigeria’s import, forex restrictions policy 

The World Bank has disclosed that import restrictions and non-flexible exchange rate management of the Central…

WACT Onne receives Lady Jane — second largest containership to berth in Nigeria 

West Africa Container Terminal Nigeria (WACT) has received the second largest containership to berth at a…

Buhari: Nigeria set to extend its maritime boundaries without war, litigation, or purchase

President Muhammadu Buhari has expressed optimism that Nigeria’s bid to expand its maritime territory, under the…

MOWCA commends Nigeria’s maritime anti-piracy law 

  The Secretary-General of the Maritime Organisation of West and Central Africa (MOWCA), Dr Paul Adalikwu,…

Nigeria winning war against piracy, EU says

The European Union has commended the Federal Government for providing leadership in the Gulf of Guinea…

Nigeria’s consumer protection agency probes high cost of shipping services

The Federal Competition and Consumer Protection Commission (FCCPC) said it has begun investigations of shipping companies…

Nigeria’s port concession model the best in Africa — World Bank 

  The World Bank has said that Nigeria’s port concession model, which was rolled out in…