Maritime stakeholders have identified piracy, illegal fishing, interstate disputes, and transnational crime as some of the factors hindering the country from achieving the $2.5tn ocean economy....
Nigeria has set an ambitious target of generating N2 trillion in annual revenue from this sector by the year 2027. The revelation came from the Minister...
Nigeria is making significant strides in bolstering its maritime sector with the advancement of plans for the establishment of a Regional Maritime Development Bank (RMDB). This...
Nigeria’s maritime sector is facing a annual loss of approximately N1 trillion ($1 billion) due to inadequate infrastructure, according to shipowners in the country. This alarming...
The proposed establishment of the Maritime Development Bank of Nigeria (MDBN) has been shelved for the Regional Maritime Development Bank (RMDB), which is the brainchild of...
As part of directives for Federal Government revenue collecting institutions to remit proceeds for national development, the Nigerian Maritime Administration and Safety Agency (NIMASA) remitted a...
Nigerian companies within the SIFAX Group have received the management of the Liberian Port Authority in Lagos to establish a partnership that will support Liberia’s maritime...
Ghana May Overtake Nigeria as Preferred Maritime Hub The paperless clearing system introduced in Ghana’s port of Tema in May 2017 is yielding result and about...
Nigeria Targets Share of $380bn Global Seaborne Trade The global seaborne trade is increasing tremendously and Nigeria is putting everything in motion to ensure that there...