Category : Search result: maritime sector


FG Issues Bakassi Deep Seaport Compliance Certificate

Cross River Governor Bassey Otu receives Federal Government's compliance certificate for the $3.5 billion Bakassi Deep Seaport, hailing it as a game-changer for Nigeria's maritime economy. Read more.

N37.59tr Maritime Trade Renews Call for Local Shipping

Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.

Nigeria risks losing maritime race to Indonesia

Nigeria is falling behind Indonesia in the blue economy race, warns Maritime Innovations Hub CEO Ronke Kosoko. Urgent investment and action are needed to close the gap. Read more.

House of Reps Intervenes in Dangote, NMDPRA Dispute

The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.

2,300 Stowaways Annually at Nigerian Ports

The Shipping Association of Nigeria reports 2,300 security breaches by stowaways yearly, costing firms $2,000 per case. Port security agencies dispute the figures. Read more.

NNS BEECROFT Intercepts 172kg of Illicit Drugs

Nigerian Navy Ship BEECROFT has intercepted and handed over 172kg of Cannabis sativa to the NDLEA. The seizure highlights ongoing efforts to secure Nigeria's maritime domain. Read more.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

Nigeria Returns to IMO Council After 14-Year Absence

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 Returns to IMO Council After 14 Years

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.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

China Supports Nigeria's Port Modernisation Drive

China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.

China Backs Nigeria's Push for Digital Ports

China offers technical support to modernize Nigeria's seaports, including automation and digital systems. Partnership aims to boost trade efficiency and maritime security.

New NMLA Exco Pledges Maritime Law Advancement

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.

MARCON to Honour Dangote, Lekki Port with Awards

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!

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