Maritime
Again, fx rate for cargo clearance drops to N1,405.466/$
The continued strengthening of the naira in the both the official and parallel markets has brought some measures of reprieve...
FX rate for cargo clearance drops by N124 to N1,448/$
The exchange rate charged by the Nigerian Customs Service (NCS) for cargo clearance and import duties collection has dropped from...
Equities market opens week on negative, drops 0.49%
The Nigerian equities market began the week on a negative note, dropping by 0.49 per cent or N289billion. At the...
NPA targets N629 billion revenue in 2024
The Nigerian Ports Authority (NPA) has projected revenue earning of at least N629.89 billion for 2024. Managing Director of NPA,...
Nigeria’s containerised exports rise by 44.43% – NPA
The Nigerian Ports Authority has disclosed that containerised exports rose by 44.43 percent to 226,456 twenty equivalent units (TEU) in...
Tincan, Apapa, Rivers, Onne, Warri, Calabar port projects to gulp $1 billion
The Nigerian Ports Authority (NPA) has earmarked the sum of $1 billion for the reconstruction of Tincan Island, Apapa, Rivers,...
NPA revenue deduction: Workers threaten to shut ports
Maritime workers on Monday warned of a potential nationwide strike if the Federal Government continues with the proposed 50 per...
Tinubu appoints new executive directors for NPA, NIMASA
President Bola Tinubu has approved the appointment of new Executive Directors in two agencies under the Federal Ministry of Marine...
Navy seizes 23 vessels, destroys 703 ‘refineries’
The Chief of the Naval Staff (CNS), Vice Adm. Emmanuel Ogalla, said the Nigerian Navy had so far apprehended 23...
Tinubu promises to transform Nigeria into export hub
President Bola Ahmed Tinubu has hinted at plans by his administration to address what he termed historical inadequacies of policymaking...