10 Bulker Crew Members Feared Kidnapped off Nigeria
Ten crew members of a bulk carrier are reported missing following a pirate attack that took place around 32 nautical miles south of Brass, Nigeria. The unnamed bulker was boarded…
Shippers Council begins data collection to promote trade
Executive Secretary/CEO, Nigerian Shippers Council, Mr. Hassan Bello The Nigerian Shippers Council NSC, the economic regulator for the country’s port industry has said it is concluding plans to commence the…
FG awards $195m security contract to curb piracy in Gulf of Guinea
Gunboats The Federal Executive Council FEC, Nigeria’s highest policy decision body has approved a $195 million maritime security contract with an Israeli firm, HLS International Limited as part of efforts…
We spent less than N100m on ill-fated IMO Council election bid- DG NIMASA
Director General of NIMASA, Dr. Dakuku Peterside The Nigerian Maritime Administration and Safety Agency NIMASA, has said that the agency spent far less than N100million on its unsuccessful bid to…
Tin Can Customs grows revenue by N29bn in 11 months …Attributes feat to capacity building
From left: Chairman of the Committee, Dr. Casmir Anyanwu and Customs Area Controller in charge of Tin Can Customs Command, Comptroller Bashar Yusuf during the visit to Apapa recently. The…
Four Nigerian cadets bag first class from UK University …As DG NIMASA hails capacity growth
Deputy Director, Maritime Labour Services of the Nigerian Maritime Administration and Safety Agency NIMASA and coordinator of the Nigerian Seafarers Development Programme NSDP, Mr. Victor Egejuru in a photograph with…
Again, Customs impounds 64 bullet-proof cars, 13, 333 bags of rice worth N1.6bn
Less than one month after operatives of the Federal Operations Unit Zone A, Lagos of the Nigeria Customs Service impounded 51 exotic bullet-proof cars in Ikoyi and Festac Town, the…
Fitch Ratings Predicts Gloomy Outlook for Global Shipping in 2018
The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering…
AMCON denies media reports on Grant Properties …Insists on due process
DG AMCON, Ahmed Kuru Asset Management Corporation of Nigeria AMCON, has said that there is no iota of truth in the reports by a section of online media not Business…
CBN devalues naira to 307/dollar for first time
CBN Governor, Mr. Godwin Emefiele The Central Bank of Nigeria on Monday effected a marginal devaluation of the naira, with the dollar selling at 307 on the official interbank market…
