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...
Ship Owners Are Paying Illegal $36,000 Per Month for Secure Anchorage in Nigeria Mr. Rotimi Amaechi, the Minister of Transportation, on Thursday said certain people are...
NIMASA to Commence Online Ship Registration In a bid to improve ease of doing business in the maritime sector, the Nigerian Maritime Administration and Safety Agency...
NIMASA Beats Target, Remits N16b to Revenue Fund The Nigerian Maritime Administration and Safety Agency (NIMASA) exceeded target in the first 10 months, according to Peterside...
1st Vessel Berths at Calabar Seaport in 13 Years Calabar Port Complex received its first container vessel thirteen years after it was concessioned. Marguisa Shipping Line’s...