Maritime & Customs Archives

Tin Can, Apapa ranks among top 20 globally improved container ports

Franklin Ocheneyi2 months ago2 months ago02 mins

Nigeria outperformed several major ports in the global improvement rankings, including France’s Marseille Port, which ranked 11th with a 39-point improvement; Türkiye’s Iskenderun Port, which placed 13th with a 34-point increase; and India’s Jawaharlal Nehru Port, which ranked 14th with a 32-point gain. Peru’s Paita Port occupied 15th position with 32 points, while China’s Keelung and Fuzhou ports shared 16th and 17th positions respectively, recording 27 points each.

Liberia Commends NIMASA’s Genuine Commitment to Maritime Development

Franklin Ocheneyi2 months ago2 months ago02 mins

“We must collectively build maritime capacity beyond borders. Sea-time training and practical exposure will position Nigerian and African youths to compete effectively in the international maritime space,” he said.

IMO to run World Maritime Day theme for two years (2026 -2027)

Franklin Ocheneyi2 months ago2 months ago02 mins

Emphasising on the theme, “From Policy to Practice” IMO said that the theme underscores IMO’s core mission of ensuring that the global regulatory framework it develops is not merely adopted in principle but translated into concrete national legislation, enforcement and day-to-day operations across the maritime sector.

IMO fixes Day of the Seafarer 2026 in June

Franklin Ocheneyi2 months ago2 months ago01 mins

The event, themed : “Carrying world trade. Carrying the risks,” will be marked on 25 June.

Mauritania Okays Sahara Group’s Bunkering Operations To Boost Maritime Corridor

Franklin Ocheneyi2 months ago2 months ago02 mins

Executive Director, Sahara Group, Wale Ajibade. commented , “This development is significant for Mauritania and for Africa’s maritime economy.”

Customs Agents Declares National Single Window Ineffective

Franklin Ocheneyi2 months ago2 months ago02 mins

The NWS, an initiative of the Nigeria Customs Service, was launched in April, 2024, by President Bola Tinubu and implemented alongside the Minister of Finance and Coordinating Minister of the Economy, and housed under the Nigeria Revenue Service (NRS) to streamline import and export procedures, reduce bottlenecks, and boost port efficiency.

Oyetola, Dantsoho highlight what’s new in ports development across West and Central Africa

Franklin Ocheneyi2 months ago2 months ago03 mins

Dantsoho cited projects including the $20 billion Simandou-Morebaya deep seaport project in Guinea, the $2 billion Port San Pedro project in Côte d’Ivoire, the $1.5 billion Lekki Deep Sea Port in Lagos, and a proposed $600 million investment by APM Terminals in Nigeria.

Strait of Hormuz disruptions: Implications for global trade and development

Franklin Ocheneyi5 months ago5 months ago02 mins

•©Shutterstock/AU USAnakul The Strait of Hormuz is one of the world’s most critical maritime chokepoints, carrying around a quarter of global seaborne oil trade and significant volumes of liquefied natural gas and fertilizers. UNCTAD reports that the ongoing military escalation in the region has disrupted shipping flows through this narrow passage. The resulting ripple effects…

IATF2027 Nigeria: What To Expects

Franklin Ocheneyi5 months ago5 months ago02 mins

• IATF2027 Host Signing Ceremony ( From left ) : Kanayo Awani, Executive Vice President, Intra-African Trade & Export Development, Afreximbank; H.E.Francisca Tatchouop Belobe Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, African Union Commission; Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, Chief Olusegun Obasanjo, Chair, IATF, Dr….

Cross-border payments too slow, too costly for developing economies, says Cardoso

Franklin Ocheneyi6 months ago6 months ago02 mins

“With global remittance corridors costing over 6.0 percent, settlement lags of several days, and compliance burdens that exclude MSMEs, millions remain disconnected from global opportunity,” said Cardoso.

NPA introduces movement code for empty containers to ease traffic at Lagos ports

Naira Exchange Rates Thursday, July 30 : Black Market, CBN, Commercial Bank

New ECOWAS Chair Visits Mali

US moves visa services from Abuja to Lagos ,effective August 1, 2026

20 Billion- Dollar Companies on NGX

ITF Is Screening 200,000 Tailors To Access N3.6bn SUPA Programme

Naira Exchange Rates To Foreign Currencies Wednesday, July 29

President Tinubu Declines Meeting With South African Envoy

India Orders Pepsi, Red Bull To Remove ‘Energy Drink’ from Products Labels

IEA Cushions Global Oil Supply By 290 Million Barrels March -July

Maritime & Customs

Tin Can, Apapa ranks among top 20 globally improved container ports

Liberia Commends NIMASA’s Genuine Commitment to Maritime Development

IMO to run World Maritime Day theme for two years (2026 -2027)

IMO fixes Day of the Seafarer 2026 in June

Mauritania Okays Sahara Group’s Bunkering Operations To Boost Maritime Corridor

Customs Agents Declares National Single Window Ineffective

Oyetola, Dantsoho highlight what’s new in ports development across West and Central Africa

Strait of Hormuz disruptions: Implications for global trade and development

IATF2027 Nigeria: What To Expects

Cross-border payments too slow, too costly for developing economies, says Cardoso