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World Bank ranks Nigeria’s economy low over elongated shipments timings

World Bank ranks Nigeria’s economy low over elongated shipments timings

It has been calculated that an average time of 25 days is required to export goods from Nigeria, compared to 10.5 days for developed countries and five days for…

False declaration: Nigeria Customs seizes N200m imported rice declared as yeast

False declaration: Nigeria Customs seizes N200m imported rice declared as yeast

The Nigeria Customs Service, Tin-can Island Port Area Command, recently intercepted and seized 14,000 bags of rice stuffed in 31 units of 20-foot containers, which was allegedly…

How Nigerian cadets can get seatime training—AMES President

How Nigerian cadets can get seatime training—AMES President

President of the Association of Marine Engineers and Surveyors (AMES) Engr. Charles Uwadia has suggested that Nigeria reintroduces the initiative of having organisations like the Nigerian Ports Authority (NPA), the…

Navy rescues hijacked British vessel, ‘MT VECTIS OSPREY’ from sea pirates

Navy rescues hijacked British vessel, ‘MT VECTIS OSPREY’ from sea pirates

The Nigerian Navy Ship, NWAMBA, has rescued a British registered merchant Tanker vessel with call sign MT VECTIS OSPREY from sea pirates who attacked her 20 nautical miles offshore of…

Nigerian Navy deploys new gunboats to combat maritime crimes

Nigerian Navy deploys new gunboats to combat maritime crimes

The Chief of Naval Staff (CNS), Vice Admiral Ibok Ette Ibas, on Wednesday in Lagos deployed 39 newly-built gunboats, and a second indigenous Seaward Defence Boat built locally by…

Burning ferry runs aground, hundreds rescued

Burning ferry runs aground, hundreds rescued

On Wednesday morning, the U.S. Coast Guard and local police evacuated 512 passengers and crew from the American Cruise Ferries ro/pax Caribbean Fantasy,which caught fire about two…

Banks to allow Bureaux de Change access up to $50,000 weekly

Banks to allow Bureaux de Change access up to $50,000 weekly

Banks are now to allow Bureaux de Change(BDC) access up to $50,000 weekly, as against the former $30,000 that they were allowed to before now. This was…

NPA charges underground cable owners to move them ahead of road reconstruction

NPA charges underground cable owners to move them ahead of road reconstruction

The Nigerian Ports Authority (NPA) has said that there is need to move all underground cables ahead of the proposed reconstruction of the Apapa Wharf Road. A statement in Lagos…

Economic recession affects customs half year generated revenue

Economic recession affects customs half year generated revenue

The Nigeria Customs Service (NCS) has disclosed that it generated N385.7 billion revenue from January to June 2016. This amount was against the N438.2 billion generated in the…

Terminal operations: Edike warns against unnecessary delays

Terminal operations: Edike warns against unnecessary delays

The Assistant Comptroller- General of Customs, Zone ‘A’, Eporwei Edike, has tasked terminal operators on the need to be timely in attending to customs agents as he said: “Time is…