By Sylvanus Obasi The Network of Nigerian Maritime Journalists (NNMJ) has extended heartfelt congratulations to the Comptroller-General of the Nigeria Customs Service (CGC), Adewale Adeniyi, following his landmark election as Chairperson of the World Customs Organization (WCO). As the umbrella body representing maritime journalists across Nigeria, the NNMJ praised Adeniyi’s appointment as a “historic moment…
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 In a major milestone towards building a smarter, more transparent, and efficient maritime sector, the Federal Government has launched the Maritime Labour E-Platform, a digital solution designed to revolutionize the governance of maritime labour in Nigeria. Unveiled at the event marking the 2025 Day of the Seafarer in Port Harcourt Rivers State,…
By Sylvanus Obasi Lagos/Port Harcourt, Nigeria – June 28, 2025 – The Women’s International Shipping and Trading Association (WISTA) Nigeria proudly celebrates the historic appointments of two distinguished women leaders in the maritime industry: Madam Jemilat Mahamah as Chairman of the Board of the Ghana Maritime Authority and Ms. Iroghama Ogbeifun as a Board Member…
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 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…
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…
