Oyetola Unveils Maritime Milestones at MAMAL 2025, Demands End to War Risk Insurance Charges; Says Nigeria Lost $1.5B To It

At the 3rd Annual Maritime Lecture hosted by the Maritime Reporters Association of Nigeria (MARAN), Nigeria’s Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON, made a bold call for the removal of war risk insurance premiums levied on vessels heading to Nigeria. He described the charges as outdated, unjust, and a drag […]

Enthusiastic Stakeholders Converge in Lagos as MARAN’s War Risk Insurance Summit Begins

The maritime sector came alive in Lagos as top stakeholders gathered for the highly anticipated MARAN War Risk Insurance Summit, aimed at tackling the pressing issue of war risk premiums affecting Nigeria’s maritime trade. By 9 a.m., the Four Points by Sheraton Hotel was already buzzing with activity as dignitaries and industry leaders arrived, brimming […]

Comptroller Olomu Reassures Stakeholders of Improvements As Apapa Command Rakes in ₦161 Billion in 3 Weeks via B’Odogwu Platform

The Customs Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, has reaffirmed the Nigeria Customs Service’s commitment to enhancing the performance of its Unified Customs Management System, popularly known as B’Odogwu. This comes on the heels of a remarkable revenue collection of ₦161,258,483,474.63 between August 1st and 22nd, 2025. Speaking after a series of […]

NIMASA, Nigerian Society of Engineers Unite to Drive Blue Economy Growth

The Nigerian Maritime Administration and Safety Agency (NIMASA) is deepening its partnership with the Nigerian Society of Engineers (NSE) to accelerate the development of Nigeria’s maritime sector and unlock the full potential of the Blue Economy. During a courtesy visit by NSE President, Engr. Margaret Aina Oguntala, to NIMASA headquarters in Lagos, Director General Dr. […]

NAFFAC President Opposes Leaders on CRFFN Board

The President of the National Association of Freight Forwarders and Consolidators (NAFFAC), Prince Adeyinka Bakare PhD, has strongly advised that presidents of freight forwarding associations should refrain from seeking positions on the governing council of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN). In an exclusive interview, Bakare argued that the council, […]

Stakeholders Set to Tackle War Risk Insurance at 3rd MARAN Annual Maritime Lecture in Lagos

On Wednesday, August 27, 2025, Nigeria’s maritime and allied sectors will converge at the Four Points by Sheraton, Victoria Island, Lagos, for the 3rd edition of the Maritime Annual Maritime Lecture (MAMAL), hosted by the Maritime Reporters Association of Nigeria (MARAN). This year’s theme, “Addressing the Burden of War Risk Insurance on Nigeria’s Maritime Trade,” […]

Breaking: Freight Forwarders Suspend Proposed Withdrawal of Services in Apapa Port

The Joint Association of Licensed Customs Agents and Freight Forwarders, Apapa Chapter has shelved the plan to withdraw services in Apapa Port starting from tomorrow, Friday. In a letter jointly signed by the chairmen of the five associations comprising the joint body and addressed to the Customs Area Controller of Apapa Customs command, Comptroller Babatunde […]

Shippers’ Council Seeks 1% Freight Stabilization Fee for Financial Autonomy

The Nigerian Shippers’ Council (NSC) is calling for the implementation of a 1% Freight Stabilization Fee to secure sustainable funding for its regulatory functions. During an oversight visit by the Senate Committee on Marine Transport, NSC Executive Secretary Dr. Akutah Pius Ukeyima emphasized the urgent need to strengthen the Council’s financial base and legislative authority. […]