Extortion: Freight Forwarders issue strike notice against shipping lines…Allege ‘we lose over N60m to extortion daily’
National Coordinator, NAGAFF Compliance Team, Alhaji Tanko Ibrahim Freight Forwarders in Nigeria have issued a two-week strike notice to multinational shipping lines operating in the country over what they called…
Why War Risk Insurance Premium on Nigeria’s imports may persist-Report
Strong indications have emerged that shipping lines and insurance underwriters may be most reluctant to scrap the War Risk Insurance Premium imposed on all Nigeria-bound imports about three years ago…
IMO reports 23% global piracy reduction…Approves Gulf of Guinea piracy prevention update
Maritime Safety Committee MSC, of the International Maritime Organisation IMO, an agency of the United Nations has reported a 23per cent reduction in incidents of piracy and armed robbery against…
Comptroller Nnadi takes over at Ogun I Customs Area Command
From left: Comptroller Dera Nnadi takes over the mantle of leadership at the Ogun 1 Customs Area Controller from Comptroller Peter Kolo, who retires from the service, Monday, October 18,…
NPA begins port infrastructure upgrade, modernises Control Towers
MD NPA. Mohammed Bello-Koko The management of the Nigerian Ports Authority NPA, has commenced a massive upgrade of existing port infrastructure as it has completed the modernisation of the Control…
Oil prices climb as COVID recovery, power generators stoke demand
Crude oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices encouraging users to switch to fuel oil and diesel for power…
Global economy faces biggest headwind from inflation
Global inflation is spreading to a wider range of goods and services, as the rapid recovery in spending overwhelms the short-term ability of manufacturers, freight firms and service providers to…
NPA’s GM, Human Resources retires in grand style
*Mrs. Hariratu Maina Mohammed It was a combination of praises to the Almighty God, deep reflection and show of emotions at a colourful send-off party organised in honour of the…
NPA pledges support for African seaports’ digital revolution
From left: Acting Managing Director, Nigerian Ports Authority, NPA, Mohammed Bello-Koko and Secretary General, Ports Management Association of West and Central Africa PMAWCA, Jean Marie Koffi during the visit in…
IMF: ‘Great financing divide’ between rich, poor nations slows recovery
Economic growth in poorer countries will likely lag pre-pandemic expectations for years, given gaps in vaccination rates, revenue growth and the ability to borrow, the International Monetary Fund IMF said…
