Tag: Nigeria maritime sector

Shipping industry warns of trade disruption as $4,000 cargo surcharge hits Nigeria bound shipments

Business Damilola Bayonle -
Nigeria’s maritime sector is facing fresh uncertainty following the introduction of new surcharges on cargo shipments destined for the...

IMO return: A landmark victory boosting global confidence in maritime leadership

Business Damilola Bayonle -
Nigeria’s recent return to Category C of the International Maritime Organisation (IMO) Council has been hailed as a landmark...

NIMASA accredits 27 registered shipyards to strengthen Nigeria’s maritime capacity

Business Damilola Bayonle -
In a strategic move to strengthen Nigeria’s maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has announced...

Switzerland backs Nigeria’s historic IMO Council Bid

Business Damilola Bayonle -
Nigeria’s campaign for a seat on the International Maritime Organisation (IMO) Council received a significant boost yesterday as Switzerland...

$500m Lost Annually to Unregulated Shipbrokers

Business Damilola Bayonle -
Nigeria’s maritime industry is bleeding over $500 million annually due to the unchecked and unregulated activities in the shipbroking...

NPA Projects N1.28 Trillion in Revenue for 2025 Amid Reform Plans

Business Damilola Bayonle -
The Nigerian Ports Authority (NPA) has unveiled a bold revenue projection of ₦1.28 trillion for the 2025 fiscal year,...