Maritime
NIMASA promises to share N331.2 billion to shipowners to acquire new ships, create 350 million jobs
The Nigerian Maritime Administration and Safety Agency (NIMASA) said that it would disburse the $720 million cabotage fund to shipowners to acquire new ships.
FG releases new details as value of tokunbo cars in Nigeria falls by 47% in 2022
The value of imported used vehicles in Nigeria dropped sharply in 2022, primarily due to increased import duty as shipping companies downsized their vessels.
Maritime workers hail Supreme Court over old naira notes, says cargo can now leave ports
Licensed customs agents and other stakeholders in the maritime industry have expressed optimism that the Supreme Court ruling can ease cargo clearance in ports.
Used Vehicles to get very expensive as Customs implements new Age limit
The Nigerian custom Service as switched on the new age limit for new cars for the new year which will make buying of cars very expensive for an average Nigerian
Alleged corruption: Order investigation of NIMASA DG now, Coalition sends powerful message to Buhari
The Centre for Public Accountability and Civil Society Partners have explained why the EFCC should hand off from the investigation of NIMASA DG, Bahir Jamoh.
FG to deploy PPP solution to boost excise, tax revenue, receives OBC From ICRC
Nigeria will now make use of the Outline Business Case (OBC), an innovation that is designed to generate revenue and also combat the menace of illicit drugs
Illegal oil lifting discovered at Ugo Ocha terminal, lawyers write Senate
Concerns have been raised over an alleged sharp practice at the Ugo Ocha export terminal by a company and the House of Senate has been petitioned in this regard
US buys over N28bn worth of Ukraine wheat for distribution in Nigeria, other African countries
Since the Ukraine, Russia war began, the United State of America has been a very strong ally for Ukraine and has take a step further to be first big customer.
Cars to become more expensive as Customs introduced controversial electronic valuation policy from Friday
Nigerians will have to save more to buy their favourite vehicles as a custom new electronic valuation policy is set to kick off on Friday despite protests.
Maritime
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