NEPZA endorses $1.4bn Lekki deep seaport project

Gbenga Kuye, the managing director of the Nigeria Export Processing Zones Authority (NEPZA) said the authority would give its support to the construction of...

NIGERIA SPENDS N116 BILLION ON PALM OIL IMPORTATION

Nigeria has imported 450,000 tons of crude palm oil valued at N116.3 billion ($323.1 million) since the beginning of the year, it was learnt...

NIGERIAN NAVY COMMISSIONS NEW FPB 72 PATROL VESSELS

The Nigerian Navy commissioned into service two new FPB 72 Mk II patrol vessels, the NNS Shiroro (P185) and NNS Ose (P186), following their...

NIMASA SET TO DISBURSE $100M CVFF FUND AT SINGLE DIGIT INTEREST RATE

The Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to disburse $100 million Cabotage Vessel Financing Fund (CVFF), to indigenous ship owners...

NIGERIANS IN CHINESE PRISONS SEEK TRANSFER TO KIRIKIRI

Many prisoners have inundated Nigeria, asking to be transferred from Chinese prisons, but such transfers are impossible for now. Transfer of prisoners from China to...

NIMASA partners Customs to facilitate international trade at seaports

Dr. Dakuku Peterside, the director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), has said the agency would partner the Nigerian Customs...

SENATE SCRAPS CUSTOMS’ GOVERNING BOARD, ESTABLISHES SERVICE COMMISSION

The Senate Wednesday passed a bill scrapping the governing board of the Nigeria Customs Service (NCS) and establishing the NCS Commission to superintend over...

NPA REVENUE PROFILE HITS N118BN IN FIRST QUARTER AS ACTIVITY RESUMES AT PORTS

The Nigerian ports Authority (NPA) has generated the total sum of N118 billion in the first quarter against the N16 billion projected earlier. ...

We are trying to attract companies to Nigeria, says Jadesimi

Dr. Amy Jadesimi is the managing director of the Lagos Deep Offshore Logistics Base (LADOL), an indigenous owned oil and gas Free Trade Zone...

AMAECHI INSPECTS KADUNA PORT, SAYS DRY PORTS WILL CREATE JOBS

Rotimi Amaechi, Minister of Transport said on Tuesday during the final inspection of the Kaduna Inland Dry Port is committed to establishing dry ports...