Despite Secure Anchorage Contract, Pirates Attack Vessel in Lagos, Kidnap 2 Russians
By DAPO OLAWUNI Even as the controvertial Secure Anchorage Area (SAA) contract to a private firm by the Federal Government...
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Port Operations Paralysed As Train Derails At Apapa Port
By DAPO OLAWUNI Evacuation of cargoes by rail has been placed on hold since yesterday at the Apapa Port following...
NIMASA Moves to Change Nigeria’s Terms of Trade From FOB to CIF
The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment...
Anxiety As CBN Increases Exchange Rate For Imports to N381 Per Dollar
By DAPO OLAWUNI For the second time in five months, the Central Bank of Nigeria (CBN) has increased the exchange...