Tag: Economy

CVFF: Calls Mount For Audit Of NIMASA Accounts
November 2, 2026 No Responses

CVFF: Calls Mount For Audit Of NIMASA Accounts

The former President of the National Association of Master Mariners (NAMM), Capt. Tajudeen Alao, has called for a comprehensive audit of the Nigerian Maritime Administration and Safety Agency (NIMASA) accounts from 2004 to date to establish the actual status of...
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Omatseye Insists CVFF Was Converted Into Naira
November 1, 2026 No Responses

Omatseye Insists CVFF Was Converted Into Naira

Former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has insisted that all dollar-denominated funds received under the Cabotage Vessel Financing Fund (CVFF) were converted into naira during his tenure, saying ...
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LCCI Women Group Harps On Women’s Leadership, Enterprise Development
November 1, 2026 No Responses

LCCI Women Group Harps On Women’s Leadership, Enterprise Development

By ebosele@hotmail.com The Lagos Chamber of Commerce and Industry (LCCI) Women Group has called for greater opportunities for women to participate in business, leadership and policy development as part of efforts to promote inclusive economic growth.The call w...
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NPERA Tasks. Akwa Ibom Maritime Stakeholders On Sector Development
October 31, 2026 No Responses

NPERA Tasks. Akwa Ibom Maritime Stakeholders On Sector Development

The Director-General/Chief Executive Officer of the Nigerian Ports Economic Regulatory Agency (NPERA), Dr Pius Akutah, MON, has urged maritime stakeholders in Akwa Ibom State to strengthen collaboration with the Agency to develop local capacity, address infras...
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SCAN Seeks Affordable Financing, Policy Reforms For Indigenous Shipowners
October 30, 2026 No Responses

SCAN Seeks Affordable Financing, Policy Reforms For Indigenous Shipowners

The Shipping Correspondents Association of Nigeria (SCAN) has called for affordable financing, regulatory reforms and improved maritime infrastructure to strengthen the capacity of indigenous shipowners and enhance their competitiveness in the Nigerian shippin...
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UBA Reaffirms Commitment To Financing Indigenous Shipowners
October 30, 2026 No Responses

UBA Reaffirms Commitment To Financing Indigenous Shipowners

By ebosele@hotmail.com The United Bank for Africa (UBA) Plc has reaffirmed its commitment to supporting indigenous shipowners through tailored financing solutions, trade facilitation and advisory services aimed at strengthening their competitiveness and expand...
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CVFF: $350m Fund Converted To Naira, Ex-NIMASA DG Reveals
October 30, 2026 No Responses

CVFF: $350m Fund Converted To Naira, Ex-NIMASA DG Reveals

By ebosele@hotmail.com Former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has disclosed that the $350 million Cabotage Vessel Financing Fund (CVFF) was converted into naira to take advantage of higher intere...
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NISA Accuses NIMASA Of Undermining Indigenous Shipowners
October 30, 2026 No Responses

NISA Accuses NIMASA Of Undermining Indigenous Shipowners

By ebosele@hotmail.com The Nigeria Shipowners Association (NISA) has accused the Nigerian Maritime Administration and Safety Agency (NIMASA) of undermining the competitiveness of indigenous shipowners through regulatory bottlenecks, warning that such measures,...
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NIMASA, ITF Sign MoU To Promote Seafarers’ Wellbeing
October 27, 2026 No Responses

NIMASA, ITF Sign MoU To Promote Seafarers’ Wellbeing

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the International Transport Workers’ Federation (ITF) have formalised a partnership to promote the mental health and wellbeing of Nigerian seafarers and cadets through training, awareness an...
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Oyetola Inaugurates Committee For Nigeria Marine, Blue Economy Expo
October 23, 2026 No Responses

Oyetola Inaugurates Committee For Nigeria Marine, Blue Economy Expo

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has inaugurated a committee to organise the Nigeria Marine and Blue Economy Expo (NIMBEX), as part of efforts to position Nigeria as a leading destination for maritime investment, innovation and.....
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NCDMB, Dangote Seek Shift From Compliance To Sustainable Nigerian Content
October 20, 2026 No Responses

NCDMB, Dangote Seek Shift From Compliance To Sustainable Nigerian Content

The Nigerian Content Development and Monitoring Board (NCDMB) and Dangote Group have called for a shift from regulatory compliance to a stronger national commitment to technological innovation, sustainable financing and indigenous capacity development to accel...
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Oyetola, Agbakoba, Omatseye, Others For 2026 SCAN Summit
October 18, 2026 No Responses

Oyetola, Agbakoba, Omatseye, Others For 2026 SCAN Summit

By ebosele@hotmail.com The Minister of Marine and Blue Economy, Adegboyega Oyetola, will attend the 2026 Summit of the Shipping Correspondents Association of Nigeria (SCAN) as Special Guest of Honour, with stakeholders expected to explore solutions to the fina...
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Stakeholders Seek Reforms To Grow Maritime Economy
October 17, 2026 No Responses

Stakeholders Seek Reforms To Grow Maritime Economy

MARITIME stakeholders have called for effective implementation of shipping policies to boost indigenous participation and accelerate Nigeria’s blue economy growth.They made the call at a panel session during the 2026 World Maritime Day celebration on Friday ...
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Oyetola Unveils NPERA Logo, Harps On Port Reforms
October 16, 2026 No Responses

Oyetola Unveils NPERA Logo, Harps On Port Reforms

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has unveiled the newly gazetted Nigeria Ports Economic Regulatory Agency (NPERA) Act, 2026, alongside the agency’s official logo, describing the development as a significant milestone in efforts...
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