The Nigerian Ports Authority (NPA) has increased port tariff to 15%, which it says is the first in 32 years as it battles ageing and obsolete infrastructure.
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Customs' B'Odogwu revenue platform to facilitate easier transactions as it integrates 25 banks
The Nigeria Customs Service (NCS) has integrated 25 banks into the B’Odogwu, its indigenous payment and clearing platform to revolutionise port operations.
Nigeria imports $1.2 billion worth of fish yearly to cover 45% of demand
WorldFish has disclosed that 45% of fish consumed in Nigeria are imported as the country spends $1.2 billion yearly to import the desirable protein.
7 Vessels with petrol, other items to arrive Nigeria amid row between Dangote refinery, marketers
About seven of the nine expected vessels are set to berth in various ports in Lagos. The vessels reportedly carry petrol, diesel, crude oil and aviation fuel.
Tinubu to commission Nigeria’s largest container terminal in Onne, businesses set to relocate
President Bola Tinubu is set to commission Nigeria and West Africa's largest container terminal in Onne, River State, signaling growth in Nigeria's port industry.
Calm at ports as customs exchange rate to clear goods remains unchanged for 5 days
The Central Bank of Nigeria has announced a new exchange rate for cargo clearances at Nigeria's ports despite plea from expert to peg rate at N1,000 a dollar
Some workers to receive N200,000 minimum wage as FG ends 20-year dispute in maritime Sector
The Minister of Marine and Blue Economy, Gboyega Oyetola has brokered agreement in the maritime industry, leading to approval of N200,000 as minimum wage.
CBN updates customs exchange rate, importers to pay more to clear goods at airports, ports
The Central Bank of Nigeria has a new customs exchange rate for cargo clearances at Nigeria's ports and airports after another fall of the naira in FX markets.
Hard times for importers as French company slams new charges on Nigerian cargoes
A French shipping company, CMA, CGM has slammed a new Peak Season Surcharge on Nigerian cargoes coming from the United States, Canada, and other countries.
National Hydrographic agency important for maritime safety and economic growth - FG
The federal government has stated that hydrographic information is crucial in ensuring national maritime safety and supporting Nigeria's economic growth.
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