Primate Elijah Ayodele warns that President Bola Tinubu could face reduced support in the 2027 election amid alleged growing dissatisfaction with his administration.
Importing a car into Nigeria attracts several taxes and charges, including 20% import duty, 5% NAC levy, 7.5% VAT, Green Tax and other applicable fees.
The Association of Nigerian Licensed Customs Agents (ANLCA) has announced a 70% reduction in the cost of transporting containers from Apapa Port.
The NPA has successfully berthed the country's first fully Nigerian-owned container vessel, MV Ocean Dragon, owned by Clarion Shipping West Africa Limited.
The Central Bank of Nigeria (CBN) has adjusted the Customs foreign exchange rate to clear goods at Nigeria's sea and airports following the naira's stability.
The management of the Nigeria Ports Authority (NPA) has explained the impact of its $1 billion on port rehabilitation and infrastructure upgrades.
The Central Bank of Nigeria (CBN) has released a new foreign exchange rate to clear goods at Nigeria's ports following the naira's massive gain against the dollar.
The Central Bank of Nigeria (CBN) has raised the exchange rate to clear cargoes at Nigerian ports following the depreciation of the naira in the FX market.
The Nigerian Shippers' Council has approved CMA CGM Nigeria’s removal of container deposits to ease shipping costs and improve port efficiency starting May 2025.
President Bola Tinubu has approved the establishment of the Regional Maritime Development Bank in Nigeria (RMDB) in Nigeria and appointed Adenira Aderogba as CEO
NIMASA has appointed 12 banks to disburse the $360 million Cabotage Vessel Financing Fund, offering single-digit loans to support Nigeria's maritime industry.
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