Dollar Ticket Sales Cripple Nigeria's Travel Economy
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.
Category : Search result: Nigeria maritime economy
Navy Chief Rejects Coast Guard, Deploys Drones vs Oil Thieves
Vice Admiral Emmanuel Ogalla declares technological warfare against oil theft and piracy, revealing plans for drones and artificial intelligence while dismissing coast guard proposals as unnecessary.
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refining site and apprehended seven suspects across coastal communities in Ondo State, dealing a significant blow to oil theft operations in the Niger Delta region.
Nigeria's Ports Get Single Window Policy by 2026
The Federal Government announces revolutionary Single Window policy for Nigerian ports, promising to slash cargo clearance times and boost economic growth through digital transformation.
Nigerian fishermen detained in Venezuela-Trinidad sea crisis
Nigerian fishermen face detention and boat seizures in disputed Venezuela-Trinidad waters, revealing dangerous maritime border tensions affecting West African sailors.
Nigeria's Economy Improving, Nearing Stability - IWG
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
Eurozone Growth Beats Expectations in Q1 2024
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
Shipping Delays Threaten Africa's Free Trade Dream
Critical infrastructure deficits and persistent shipping delays are threatening to derail the African Continental Free Trade Area's ambitious targets, putting $3.4 trillion economic opportunity at risk.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
Nigeria Launches First AI Chatbot for Informal Economy
Groundbreaking AI technology arrives in Nigeria's informal sector, providing digital assistance to millions of small business owners and traders across the nation.
Nigeria fights arbitrary shipping surcharges
Nigerian importers and exporters unite through UASC to challenge arbitrary charges imposed by foreign shipping lines, demanding transparency and fair pricing in maritime trade.
FG Clarifies: No Nationwide Port Modernisation Project
The Federal Government debunks rumors of a nationwide port modernization initiative, clarifying the current status of Nigeria's maritime infrastructure development and future plans.
Green Shipping: Africa's Economic & Environmental Future
Discover how sustainable maritime technology could revolutionize Africa's economy while combating climate change. Learn about green shipping opportunities for the continent.
Navy Chief Nominee Pledges Tech Overhaul, Rejects Coast Guard
Vice Admiral Emmanuel Ogalla commits to technological modernization of Nigerian Navy while firmly opposing coast guard establishment during Senate confirmation hearing.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Care Work: Nigeria's New Economic Engine for Women
Discover how Nigeria's care economy is transforming women's economic participation and creating sustainable livelihoods across the nation.
Foreigners Face Court Over ₦12B Oil Theft in Nigeria
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Nigeria's $1 Trillion Economy Target Achievable - Bagudu
Nigeria's Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed strong confidence that the country can achieve its ambitious $1 trillion economy target by 2030 through strategic reforms and economic diversification.
NZ Raids Insurer Over Alleged Russian Sanctions Violations
New Zealand police execute dramatic raids on maritime insurer linked to Russian vessels, uncovering alleged sanctions evasion scheme involving international shipping operations.
Nigeria's Blue Economy: Sustainable Maritime Future
Federal government rallies marine engineers to harness Nigeria's vast ocean resources through sustainable practices and technological innovation for economic growth.
N7.6 Trillion Lost to Trade Corridor Extortion Yearly
Shocking investigation reveals sophisticated extortion networks draining Nigeria's economy through ports and trade routes, with devastating impact on businesses and consumers.
Lagos Blue Economy Strategy: Unlock Nigeria's Maritime Wealth
Experts reveal how adopting Lagos State's comprehensive blue economy framework could unlock Nigeria's massive maritime potential and transform coastal communities.
SIFAX ICT Expands Maritime Infrastructure for Green Operations
SIFAX ICT unveils major infrastructure expansion enabling direct vessel calls and eco-friendly port operations, positioning Nigeria for maritime digital transformation.
MWUN Pushes for Strict Safety Rules in Nigerian Ports
Maritime Workers Union of Nigeria pushes for stricter safety enforcement and modern equipment to protect dockworkers and improve port operations across Nigerian seaports.
Venezuelan Oil Ships Dodge Drug Boats in Caribbean
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
Sanusi: Delayed Subsidy Removal Caused Economic Crisis
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
Nigeria Finds Its Voice: Kebede Leads Sustainable Africa Push
Ethiopian visionary Gerishon Kebede leads groundbreaking initiative positioning Nigeria at the forefront of Africa's sustainable development movement, challenging global narratives.
16 Vessels with Petroleum Set for Lagos Ports Arrival
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.
Nigeria Aims for $1 Trillion Economy by 2030
Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.
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