…As seizures of smuggled items hit 27 containers The Customs Area Comptroller of the Apapa Command, Comptroller Babatunde Olomu has said that, under the guidance of the Comptroller General of the Nigeria Customs, the Command opened talks with officials of the Nigerian Railway Corporation (NRC) and other stakeholders from various associations on developing a standard operating…
Seizes Smuggled Goods Worth Billions The Apapa Area Command of the Nigeria Customs Service (NCS) announced a record-breaking revenue collection of ₦1.378 trillion in the first half of 2025 marking a remarkable 35% increase compared to the same period last year. Addressing journalists at a media briefing , the Customs Area Controller (CAC), Comptroller Babatunde…
By Sylvanus OBASI The Maritime Reporters’ Association of Nigeria (MARAN) has extended its warmest congratulations to the Comptroller-General of Customs, Bashir Adewale Adeniyi, on his historic election as Chairman of the World Customs Organization (WCO) Councill. Spokesman of the Nigeria Customs Service (NCS), Assistant Comptroller Abdullahi Maiwada who broke the news in a release said…
By Sylvanus OBASI Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, has recorded a historic milestone with the arrival of IPSARION, the largest general cargo vessel ever handled at its terminal at the Tin Can Island Port, Lagos. IPSARION, a Malta-flagged bulk carrier with a length overall of 199.99 meters and a…
By Sylvanus OBASI Foremost security provider in Nigeria, Tantita Security Services Nigeria Limited (TSSNL) has been confirmed as the official sponsor of the 2025 Offshore Technology Conference (OTC) scheduled to hold in Houston Texas, United States on 5-8 May , 2025 . Executive Director, Technical and operations , Tantita security services Limited, Captain Wareddi Enisuoh …
By Sylvanus OBASI Determined to relieve external funding pressures and ensure trade facilitation between Nigeria and China, both countries engaged in a series of negotiations for a bilateral currency swap framework. Chairman Customs consultative council, Are Hakeem Olarewaju who is the Chairman of a Breakfast meeting held by Maritime reporters association of Nigeria ( MARAN),…
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…
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…
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…
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…
