Nigeria Losing Up To $70,000 Daily To Foreign Ships – Olubowale

By Joshua Yousouph Nigeria is losing between $20,000 and $70,000 daily to foreign-owned vessels operating in the country’s maritime trade, even as the country struggles to develop an indigenous fleet capable of carrying its growing cargo volumes. Captain Ladi Olubowale, a maritime industry expert and shipowner, disclosed this at the Maritime Reporters Association of Nigeria…

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$25m CVFF Can Acquire Ships If Tied To Cargo, Trade Contracts — Shipowner

By Sylva OBASI Notable shipowner and former Chapter President of the African Shipowners Association (ASA), Captain Ladi Olubowale, has said that the $25 million facility under the Cabotage Vessel Financing Fund (CVFF) could be sufficient to acquire a sizeable vessel if the financing is tied to identifiable cargo and long-term trade contracts. Olubowale stated this…

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NAGAFF President, Ezisi To Receive MARAN Investiture As Patron

By Sylva OBASI The Maritime Reporters’ Association of Nigeria (MARAN) is set to confer the prestigious title of Patron on the President of the National Association of Government Approved Freight Forwarders (NAGAFF), High Chief Tochukwu Ezisi, in recognition of his outstanding contributions to the development of Nigeria’s maritime industry and his commitment to humanitarian causes….

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MARAN Sets September 10 For Landmark Maritime Lecture on Nigeria’s Port Competitiveness

By Sylva OBASI The Maritime Reporters’ Association of Nigeria (MARAN) has fixed September 10, 2026, for this year’s edition of its flagship MARAN Annual Maritime Lecture (MAMAL), with top government officials, industry leaders and maritime stakeholders expected to chart a new course for the competitiveness of Nigeria’s ports. The annual lecture will hold at the…

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Akutah Tasks Maritime Journalists On Accurate Reporting

By Sylva OBASI The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius, MON, has called on maritime journalists to uphold the highest standards of ethics, accuracy and professionalism in reporting, describing responsible journalism as a critical pillar for the sustainable growth and development of Nigeria’s maritime industry. Dr. Akutah…

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