The MD of NPA, Abubakar Dantsoho, has tasked his team to renew commitment towards continuous improvement of port efficiencies in successive quarters of 2025.
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CBN releases new dollar rates for imported products, importers to pay less for Customs duty
The Central Bank of Nigeria (CBN) has adjusted the Customs foreign exchange rate to clear goods at Nigeria's sea and airports following the naira's stability.
Our $1bn ports rehabilitation, other measures transforming Nigeria's blue economy -NPA
The management of the Nigeria Ports Authority (NPA) has explained the impact of its $1 billion on port rehabilitation and infrastructure upgrades.
CBN releases new Customs rate to clear goods as dollar crashes against Naira
The Central Bank of Nigeria (CBN) has released a new foreign exchange rate to clear goods at Nigeria's ports following the naira's massive gain against the dollar.
CBN releases new dollar rates to clear goods at Nigerian ports as naira depreciates
The Central Bank of Nigeria (CBN) has raised the exchange rate to clear cargoes at Nigerian ports following the depreciation of the naira in the FX market.
No more deposit fee: Shipping firm cancels container charges, give date for implementation
The Nigerian Shippers' Council has approved CMA CGM Nigeria’s removal of container deposits to ease shipping costs and improve port efficiency starting May 2025.
Tinubu approves as Regional Maritime Bank set to begin operation in Nigeria
President Bola Tinubu has approved the establishment of the Regional Maritime Development Bank in Nigeria (RMDB) in Nigeria and appointed Adenira Aderogba as CEO
Zenith, UBA, Union, 9 other banks appointed to distribute $360m CVFF fund
NIMASA has appointed 12 banks to disburse the $360 million Cabotage Vessel Financing Fund, offering single-digit loans to support Nigeria's maritime industry.
Clearing agents revolt as shipping firm slams $100 on Nigerian-bound cargoes from China, two others
The $100 surcharge is a special charge that will apply on all cargoes coming into Nigeria from China and two other countries, and will last till further notice.
Nigeria Customs’ B'Odogwu goes live at Apapa port, first agent to clear goods narrates experience
The B'odogwu unified trade portal has been equipped with features that reduce processing time and make cargo clearance seamless. It is now live at Apapa port.
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