Weak Standards Cost Nigeria N1 Trillion in Maritime
Maritime experts reveal Nigeria's blue economy loses N1 trillion yearly due to foreign dependence and weak standards. Discover how technical sovereignty could transform the sector.
Maritime experts reveal Nigeria's blue economy loses N1 trillion yearly due to foreign dependence and weak standards. Discover how technical sovereignty could transform the sector.
President Tinubu celebrates Nigeria's election to IMO Council after 14-year absence. A major win for maritime safety and blue economy ambitions. Read more!
Nigeria has regained its seat in Category C of the International Maritime Organization Council, strengthening its global maritime influence. NPA MD Dantsoho credits Minister Oyetola's leadership for this achievement.
Nigeria elected to IMO Council Category C for 2026-2027 term after 14-year absence. Minister Oyetola says victory reflects global confidence in maritime reforms and Tinubu's blue economy agenda.
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.
Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.
China offers technical support to modernize Nigeria's seaports, including automation and digital systems. Partnership aims to boost trade efficiency and maritime security.
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Newly elected NMLA executives led by Mike Igbokwe (SAN) commit to advancing maritime legal practice in Nigeria. Learn about their vision for unification and development.
Aliko Dangote, Lekki Deep Seaport, and other key players are set to receive MARCON's 2025 Awards of Excellence for transforming Nigeria's maritime sector. Discover the full list of honourees!
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
Nigerian customs agents report system slowdowns during peak import season, threatening supply chains. The NCS attributes issues to user-specific problems, urging traders to use help desks.
Germany's Finance Minister Lars Klingbeil obtained China's commitment for reliable rare earth supplies during his Beijing visit. This breakthrough addresses critical supply chain concerns for German manufacturers.
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
NADF partners with BOA and IDH to provide affordable agricultural loans targeting women and youth in Nigeria's cassava value chain. Learn how this initiative boosts food security and creates jobs.
The Netherlands suspends takeover of Chinese-owned Nexperia in goodwill gesture. China welcomes move as first step to resolve semiconductor supply chain tensions. Read latest developments.
Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.
The Ports Authority Police, Western Command, is strengthening ties with NIMASA, NPA, and other stakeholders to enhance security, facilitate trade, and safeguard Nigeria's maritime assets. Learn about the new security initiatives.
Maritime stakeholders call for urgent modernization of Nigeria's transport laws to compete globally. Experts warn outdated regulations threaten blue economy ambitions.
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.
German coffee startup LAP faces protests in Berlin over €2.50 cappuccinos and gentrification concerns. Discover how this budget chain is changing the city's cafe culture.
President Tinubu renews Marwa's tenure as NDLEA chairman for five years. Agency strengthens maritime surveillance after UK training. Ogun Governor applauds appointment.
Lontor High-tech has launched new solar energy storage systems and home appliances to tackle Nigeria's power challenges. Discover how these innovations aim to empower millions.
NPA's revitalisation of Warri and Koko ports is decentralising economic opportunities, handling 293,013 metric tonnes of cargo. Discover how this strategic move benefits Nigeria.
Federal Government begins Siemens power project to add 7000MW to Nigeria's electricity grid, promising improved power supply nationwide while tackling estimated billing.