Transport Business

Shipowners back FG’s bid to ban importation of foreign built vessels

Ship owners and major stakeholders in the maritime industry have applauded the federal government’s plan to ban the importation of…

New freight rate for port haulers will raise FDI, says Bello, CEO, Nigeria Shippers’ Council

By Samson Echenim The certainty associated with having a benchmarked transportation cost will help investors make a more accurate decision…

Ali, Customs boss tasks FG on fiscal, monetary policies to curb smuggling

By Samson Echenim      Lack of the right fiscal and monetary policies is inducing smuggling across Nigerian borders, with…

Switzerland to pay $14m to Nigeria over seized vessel

The International Tribunal for the Law of the Sea (ITLOS) has prescribed that pending a decision by the Annex VII…

How Nigeria can optimise benefits of African continental free trade pact

Experts are coming up with ideas and ways through which Nigeria can maximise the benefits of the new African Continental…

151,000 metric tons of goods exported through Tin Can port, as Customs earns N179.2bn

By Samson Echenim     The Nigerian Customs Service command at the Tin-Can Island Port in Lagos says the unit’s…