NPA, NSC, NAGAFF Back Nigeria-China Currency Swap Deal

 By Sylvanus OBASI Stakeholders at the Maritime Reporters Association of Nigeria (MARAN) Breakfast Meeting held on Tuesday April 15, 2025 have described the ‘Nigeria-China Currency Swap’ as a welcome development that would ease trade between the two nations. The ‘Nigeria-China Currency SWAP Deal’ pursues the use of the currency of both countries, Naira and Renminbi…

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CVFF: House Of Reps Backs FMMBE, As Mobereola Assures Of Disbursement In 2025

By Sylvanus OBASI The House of Representatives, through its Committee on Maritime Safety, Education and Administration, has pledged full support for the directive issued by the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, for the Nigerian Maritime Administration and Safety Agency (NIMASA) to expedite the disbursement of the Cabotage Vessel Financing Fund…

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CBN Highlights Gains Of Nigeria-China Currency Swap As Stakeholders Caution On Long-Term Implications

By Sylvanus OBASI The Central Bank of Nigeria (CBN) has described the Nigeria-China currency swap deal as a transformative policy instrument that could significantly reduce shipping costs, enhance trade efficiency, and ease foreign exchange pressure in Nigeria’s maritime industry. Speaking at a stakeholders’ breakfast meeting organized by the Maritime Reporters’ Association of Nigeria (MARAN) in…

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CVFF Disbursement: Flotilla Academy Applauds Oyetola, Set To Help Shipowners Build Made-In-Nigeria Vessels

Flotilla Academy of Marine Technology has applauded the Honourable Minister of Marine and Blue Economy, H.E Adegboyega Oyetola for giving a directive for the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence processes for immediate disbursement of the long awaited Cabotage Vessel Financing Fund (CVFF).  This is even as the academy has expressed readiness…

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PTML Customs Extols B’Odogwu Success Story With ₦189.5b Revenue, Achieves ₦5.6b Daily Collection

By Sylvanus OBASI The Ports and Terminal Multi-services Limited (PTML) Command of the Nigeria Customs Service  has declared a collection of ₦189,516,818,316.92k from November 2024 to mid April 2025 using the Unified Customs Management System also known as B’Odogwu Customs Area Controller, Comptroller Tenny Mankini Daniyan who said this at the first quarter briefing with…

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Tincan Customs Collaborates ICPC To Organise Accountability In Public Service Lecture

In a continued effort to foster ethical practices and integrity within the public sector, the Tincan Island Port Command of the Nigeria Customs Service, in collaboration with the Independent Corrupt Practices and Other Related Offences Commission (ICPC), hosted a training lecture on Transparency and Accountability in Public Service. The event, held on Friday, April 11,…

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Stakeholders Caution On Long-Term Implications As CBN Enumerates Gains Of Nigeria-China Currency Swap

By Sylvanus OBASI The Central Bank of Nigeria (CBN) has described the Nigeria-China currency swap deal as a transformative policy instrument that could significantly reduce shipping costs, enhance trade efficiency, and ease foreign exchange pressure in Nigeria’s maritime industry. Speaking at a stakeholders’ breakfast meeting organized by the Maritime Reporters’ Association of Nigeria (MARAN) in…

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Flotilla Academy Felicitates Akinola Over Oyetola’s Appointment As Media Aide

By Sylvanus OBASI Flotilla Academy of Marine Technology (FAMT) has felicitated a seasoned maritime journalist, Dr Bolaji Akinola over his appointment as media aide to the Minister of Marine and Blue Economy, H.E Adegboyega Oyetola,  saying it has no doubts on Bolaji’s competence and capability to deliver excellently on the job. In a press statement…

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Flotilla Academy Debuts In Nigeria With Niche For Practical Training On Marine Courses

By Sylvanus OBASI Although the Nigerian maritime sector is already saturated with numerous public and private maritime academies offering courses on different fields of maritime studies, yet Flotilla Academy of Marine Technology has made a strong debut with a niche for practical training on technical Marine courses.  Established in 2024, the Flotilla Academy of Marine…

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NECA Commends Nigeria Customs Service On Trade Facilitation Reforms

…As CGC Reaffirms Commitment To Business-Friendly Policies By Sylvanus Obasi The Nigeria Employers’ Consultative Association (NECA) has commended the Nigeria Customs Service (NCS) for the recent policy reforms and operational improvements introduced under the current administration, particularly in the area of trade facilitation.  PLATFORM REPORTERS gathered that this commendation was given on Monday, 7 April…

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