Category : Search result: maritime revenue


22 Ships Dock in Lagos, Fuel and Food Prices Crash

Nigerians rejoice as 22 vessels carrying petrol, frozen fish, and food items arrive Lagos ports, causing significant price drops across major markets. Get the latest on how this maritime boom is affecting commodity costs.

Petrol May Hit ₦1,163/Litre in New FG Plan

Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.

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.

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.

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.

Alphabet Hits $100B Quarter as AI Fuels Record Growth

Alphabet Inc., Google's parent company, has achieved a historic milestone by generating over $100 billion in quarterly revenue for the first time, driven by massive AI integration across its services.

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.

NB Hits ₦1.04 Trillion Revenue in 9 Months

Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.

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