Headlines Tompolo’s Tantita intercepts another vessel over crude oil theft By Abiodun OBA Operatives of Tantita Security Services Nigeria Ltd (TSSNL), owned by Chief Government Ekpemupolo alias Tompolo, have intercepted another vessel ... By maritimemagFebruary 7, 20240
Headlines Customs CG makes case for importers over Duty increase, spot FX rate adoption By Abiodun OBA The Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has made case for stakeholders in the blue economy ... By maritimemagFebruary 6, 20240
Headlines Duty increase, spot FX rate adoption, average Nigerian faces tough times …50kg of rice to hit N100,000, Stakeholders ask government to reverse rate hike By Abiodun OBA Traders said Nigerians should expect ... By maritimemagFebruary 6, 20240
Foreign CMA CGM Suspends Red SeaTransits After Ship Was Twice Targeted It is being widely reported that CMA CGM Group reversed course and has again decided to suspend transits in the Red Sea. The ... By maritimemagFebruary 4, 20240
Headlines FG pledges to ease cost of living, stabilise Forex By Bisi LAWAL The Federal Government has pledged to implement reforms that will boost economic growth, curb inflation, ease the cost of ... By maritimemagFebruary 4, 20240
Headlines Oil, gas assets can only be transferred upon the grant of Ministerial Consent – NUPRC By Abiodun OBA Oil and Gas assets in Nigeria can only be transferred in accordance with the requirements of the Petroleum Industry ... By maritimemagFebruary 4, 20240
Headlines Stakeholders devastated as CBN raises import duty rate by another 4.4% in 24 hours By Abiodun OBA The Central Bank of Nigeria, CBN, has Saturday morning once again jerked up the rate to N1, 413.62 barely ... By maritimemagFebruary 4, 20240
Headlines Shipping firms react to Houthi attacks in Red Sea Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to east-west trade. In ... By maritimemagFebruary 3, 20240
Headlines Climate change, a source of concern to all nations- US …Promises strong collaboration with FG to reduce gas flaring By Abiodun OBA The United States of America has emphasized that climate ... By maritimemagFebruary 3, 20240
Headlines Importers, stakeholders lament as Customs increases import duty rate by 43 percent By Abiodun OBA Importers and stakeholders in trading woke up on Friday to find an increase in the exchange rate, which before ... By maritimemagFebruary 3, 20240
Headlines Customs auctions 190 vehicles from Tin-Can Port By Abiodun OBA The Nigeria Customs Service (NCS) have auctioned 190 vehicles from the Ports & Terminal Multiservices Limited (PTML) terminal in ... By maritimemagFebruary 1, 20240
Headlines Banks get new directives on foreign exchange risks By Tayo ABIOLA The Central Bank of Nigeria has expressed concern over the growth in foreign currency exposures of banks through their ... By maritimemagFebruary 1, 20240
Headlines Customs identifies factors hampering revenue generation By Abiodun OBA Import of goods under the common external tariff, import duty exemption certificate, uncertainties and anxieties are some of the ... By maritimemagFebruary 1, 20240
Headlines Oil theft allegations against CNS “fallacious and baseless” – Oil Producing States Association By Abiodun OBA Allegations of oil theft against the Chief of Naval Staff (CNS), Vice Admiral Emmanuel Ogalla, published by an online ... By maritimemagJanuary 31, 20240
Headlines FG commends Lekki Port on eco-friendly measures …As it receives CMA CGM Scandola, Largest LNG Powered Vessel with 14,000 TEU By Abiodun OBA Nigeria aligns with reduction in ... By maritimemagJanuary 30, 20240
Headlines US oil company sells crude to Dangote Refinery Trafigura Group, United States, has reportedly sold two million barrels of WTI Midland to the $20 billion Dangote Refinery for delivery by the ... By maritimemagJanuary 30, 20240
Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024
Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation May 18, 2024
No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders May 18, 2024