Ferry Transport to Boost Nigerian Economy - Minister
Nigeria's Minister of Transportation unveils ambitious ferry transportation initiative to boost economic growth, create jobs, and transform waterway connectivity across the nation.
Category : Search result: Nigeria maritime economy
Navy rescues 11 from sinking boat in Bonny River
Quick-thinking Nigerian Navy personnel rescue 11 passengers from certain tragedy as passenger boat encounters disaster in Bonny River waters. Heroic operation prevents potential maritime tragedy.
FG to dredge southern ports to 16m draft
Federal Government unveils ambitious plan to dredge southern ports to 16-meter draft, aiming to attract larger vessels and revitalize maritime trade across Nigeria's coastal regions.
Judicial Reforms to Drive Nigeria's N3T Blue Economy
Chief Justice Ariwoola and NIMASA DG Jamoh unite to transform Nigeria's judiciary, creating specialized courts to unlock the nation's massive blue economy potential and attract crucial investments.
African Ports Must Unite for Blue Economy Growth
Nigerian Ports Authority MD Mohammed Dantsoho calls for enhanced cooperation among African ports to harness the continent's massive blue economy opportunities for sustainable growth.
China Defends Nigeria: 4 Reasons Against Trump's Strike Plan
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
FG Boosts Niger Delta Ferry Services with New Routes
The Federal Government announces comprehensive plans to revolutionize water transportation in the Niger Delta with new routes, modern ferries, and enhanced safety measures to boost regional connectivity.
Navy rescues 11 from sinking boat in Bonny River
In a heroic emergency operation, the Nigerian Navy rescued 11 passengers from a sinking passenger boat along Bonny River. The swift response prevented a potential tragedy in the busy waterways.
Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
POS Terminals Fuel Nigeria's Cashless Economy Boom
Discover how POS terminals are reshaping Nigeria's financial landscape, creating jobs and bringing banking services to millions previously excluded from the formal system.
Lagos Port Gridlock: E-Call Up System Under Scrutiny
Exclusive investigation reveals mixed results for Lagos's digital port traffic solution. Discover why trailers still choke Apapa roads despite technological interventions.
Police Arrest Militant, Declare Monarch Wanted for Piracy
Akwa Ibom police make major breakthrough as they arrest suspected militant leader for maritime crimes while declaring traditional ruler wanted for alleged involvement in kidnapping and piracy operations.
Global Experts Demand Action on Inequality Crisis
Economic experts worldwide are calling for an international panel to address the growing inequality crisis threatening global stability and economic growth.
50 Tax Exemptions Nigerians Can Claim Under New Laws
Discover how Nigeria's new tax reform laws bring financial relief to millions with 50 key exemptions - from essential goods to small business benefits.
Trump Threat Worsens Naira Crisis - CPPE
Former US President Donald Trump's recent military threat against Nigeria is causing investor confidence to plummet and worsening the naira's instability, according to the Centre for the Promotion of Private Enterprise.
Africa's shipping costs remain world's highest
New report reveals intra-African shipping costs remain the world's highest despite continental free trade agreement, hindering economic growth and regional integration.
Ghana Navy arrests 10 Nigerian stowaways on ship
Ghana Navy intercepts vessel with 10 Nigerian stowaways hiding on Panamanian-flagged ship. Full details of the maritime security operation revealed.
World Bank Confirms Nigeria's $1 Billion Loan Request
The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.
Trump Tariffs Face Supreme Court Challenge - Nigeria Impact
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
Nigeria's Wealth Paradox: Resource Rich But Poverty Stricken
Discover the complex reality behind Nigeria's economic status - a nation blessed with abundant natural resources yet struggling with widespread poverty and development challenges.
NIMASA accredits 27 shipyards for vessel repairs
Nigeria's maritime industry receives major boost as NIMASA accredits 27 shipyards for vessel repairs and maintenance, enhancing local capacity and creating jobs.
Africa Launches First Blue Economy Finance Festival
Historic initiative connects African and Caribbean nations to unlock $1.5 trillion blue economy potential through sustainable ocean investment and climate-resilient projects.
Grandma Dies in Cruise Fall After Alcohol Over-service
A Nigerian family mourns as a 66-year-old grandmother tragically dies after falling from a cruise ship following alleged overserving of alcohol. Investigation underway.
Panama Wins Canal Expansion Arbitration Against Spanish Company
Panama secures landmark arbitration victory against Spanish consortium Sacyr in $5.6 billion canal expansion dispute, setting crucial precedent for international infrastructure projects.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
France Rejects Wealth Tax Proposal in Budget Debate
French parliament votes against reinstating wealth tax during 2025 budget discussions, maintaining current tax policies that affect international economic relations.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
22 Ships Dock in Lagos, Fuel and Food Prices Crash
Nigerians rejoice as 22 vessels carrying petrol, frozen fish, and food items arrive Lagos ports, causing significant price drops across major markets. Get the latest on how this maritime boom is affecting commodity costs.
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