By Sylvanus OBASI The Nigerian Navy, Western Naval Command has reaffirmed its commitment to strengthening its partnership with SIFAX Group in ensuring the security of Nigeria’s coastal and maritime environment. During a courtesy visit to SIFAX Group’s management, the Flag Officer Commanding (FOC) of the Western Naval Command, Rear Admiral Michael Gregory Oamen, expressed appreciation…
By Sylvanus OBASI The Maritime Reporters Association of Nigeria (MARAN) has confirmed the participation of key government and industry leaders at its forthcoming breakfast meeting focused on the Nigeria-Peoples Republic Of China currency swap. The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, representatives from the Federal Ministry of Finance, and the…
It was another successful edition of Maritime Career Mentorship Programme (M-CAMP) last week Friday as Platforms Communications, a leading media firm in the Nigerian maritime sector began the 2025 M-CAMP series by organising a mentoring program for maritime law students. The program which held at the training room of the Nigerian Shippers Council, Apapa-Lagos had…
By Sylvanus OBASI In recent times, the National Inland Waterways Authority (NIWA) has been grappling with incessant boat mishaps, resulting to countless loss of lives on Nigeria inland waterways. Investigation reveals that the use of unstable boats which are built by artisans without the application of modern principles of boat design and which are in…
By Sylvanus OBASI The Nigeria Customs Service has debunked a media report alleging plans to extend the tenure of current Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR. In a press statement issued recently in response to the publication, customs stated as follows: The attention of the Nigeria Customs Service (NCS) has been drawn to a…
By Sylvanus OBASI In furtherance of its agenda-setting role and interrogation of key government policies as they affect the maritime industry, Nigeria’s foremost maritime beat association, the Maritime Reporters’ Association of Nigeria (MARAN) is set to beam its searchlight on the Nigeria-China Currency Swap deal. The event themed Navigating the Nigeria-Peoples Republic Of China Currency…
War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises two key components: war risk liability, which covers people and goods aboard the vessel and is calculated based on the indemnity amount, and war risk hull, which covers the vessel itself and is determined by…
By Sylvanus OBASI The Nigerian Institute For Oceaonography and Marine Research (NIOMR) has been upgraded from its present status as National Centre of Excellence to a higher status known as Regional Centre of Excellence. This status upgrade was done by The West and Central African Council for Agricultural Research and Development (CORAF) after a 3…
