Author: Saint Augustine

The National Association of Government Approved Freight Forwarders, NAGAFF has extended its congratulatory message to Dr. Bolaji Akinola on his recent appointment as the Media and Communications Adviser to the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola NAGAFF, in a congratulatory message addressed to Dr. Akinola and signed by its National Secretary, Godfrey Emeka Nwosu, said that it welcomed the appointment with great enthusiasm and optimism adding that his extensive experience, deep understanding of the maritime sector and proven track record established him as a valuable asset both to the Honourable Minister and the entire ministry. “We are…

Stakeholders at the Maritime Reporters Association of Nigeria, MARAN Breakfast Meeting held on Tuesday April 15, 2025 have described the ‘Nigeria-China Currency Swap’ as a welcome development that would ease trade between the two nations. The Nigeria-China Currency SWAP Deal pursues the use of the currency of both countries, Naira and Renminbi for trade transactions, against the United States of America, USA dollar. This, stakeholders at the meeting unanimously agreed will reduce transaction cost and time. The SWAP backed by the Central Banks of both countries; the Central Bank of Nigeria and the People’s Bank of China was signed in…

Whether in the Public service or in business, Internal Auditors facilitate the achievement of stated goals by assisting organizations to follow stipulated operational processes. Much more, Internal Auditors enable organizations to identify the risks to the attainment of set goals and how to avoid them and also mitigate any at any time. These were the submissions of Audit professionals recently in Lagos at the unveiling of the 2025 Institute of Internal Auditors Nigeria Conference held at the Muson Center, Lagos. In his opening speech at IIA’s Ikoyi office, Lagos, the association’s Chief Executive Officer – Mr. Ambrose Enuma said gone…

The Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima, has called on Ministries, Departments, and Agencies, MDAs of government, as well as members of the Presidential Enabling Business Environment Council, PEBEC, to deepen collaboration in order to foster a more conducive environment for doing business in the country. Speaking on Wednesday at the closing session of the PEBEC Retreat for heads of MDAs and MDA Reform Champions held in Abuja, Vice President Shettima emphasized that the overarching goal is to ensure Nigeria remains a preferred destination for investors. He stated, “This retreat was convened by the Presidential…

…As DCG ICT reaffirms commitment to seamless financial integration Following the successful deployment of its Unified Customs Management System, UCMS, codenamed B’Odogwu, the Nigeria Customs Service, NCS has intensified strategic engagements with key stakeholders to consolidate the gains and drive system-wide integration. In a virtual meeting on Monday, April 14, 2025, the NCS engaged officials of Access Bank to align operational frameworks and deepen collaboration in support of trade facilitation and financial system integration. Led by the Deputy Comptroller-General of Customs in charge of ICT and Modernisation, Kikelomo Adeola, the session also included the Service’s National Public Relations Officer, Assistant…

The Commissioner of Police, Anambra State, CP Ikioye Orutugu has sued for calm, assuring that the command is already in contact with the relevant security outfit to identify the suspect to ensure that justice is served. This is following a report of the regrettable incident at Ibeto junction, Nnewi in the evening of Tuesday 15th April, 2025 where a trigger-happy security operative shot a lady who was later identified as Chiamaka Okeke which resulted to her death. A statement signed by the command’s Public Relations Officer, Mr. Tochukwu Ikenga in Awka on Wednesday, said that investigations were currently ongoing assuring…

The Maritime Industry Merit Awards, MIMA organised by Maritime Media Limited, Publishers of the Shipping World Magazine, on Tuesday, honoured the National Vice President of the Association of Nigerian Licensed Customs Agents, ANLCA, Prince Segun Oduntan with the Most Outstanding Customs Broker of the Year Award. Oduntan was honoured alongside other distinguished maritime industry stakeholders at a night of glitz and glamour which held at the Oriental Hotel in Lagos. The Award on Prince Oduntan drew members from ANLCA chapters across the nation, including chapter chairmen and executives from Lagos, Port-Harcourt, Onne among others who flew into Lagos to witness…

The National Agency for the Prohibition of Trafficking in Persons, NAPTIP has signed a Memorandum of Understanding, MoU with the MMS Woman of Fortune Hall of Fame, WoFHoF Initiative, a gender-centric Non-Governmental Organization, NGO in a move to position itself better for human trafficking war; sex and gender-based violence in some select sectors of the economy. The MoU highlighted areas of engagement to include: Human trafficking by sea and cross- border transportation; sex and gender-based violence in work and business places, especially within the maritime sector and logistics industry. Speaking during the ceremony, the Director-General of NAPTIP, Hajia Binta Lami…

The Central Bank of Nigeria, CBN has described the Nigeria-China currency swap deal as a transformative policy instrument that could significantly reduce shipping costs, enhance trade efficiency, and ease foreign exchange pressure in Nigeria’s maritime industry. Speaking at a stakeholders’ breakfast meeting organized by the Maritime Reporters’ Association of Nigeria, MARAN in Lagos on Tuesday, the CBN Governor, Mr. Olayemi Cardoso, stated that the agreement—originally signed in 2018 and recently renewed in December 2024—enables Nigerian and Chinese businesses to conduct trade directly in naira and renminbi, bypassing the U.S. dollar. “The swap agreement simplifies the settlement of trade transactions in…

… Showcases Maritime Opportunities The Nigerian Maritime Administration and Safety Agency, NIMASA has called on private individuals and corporate investors to seize emerging opportunities within Nigeria’s Blue Economy, particularly in the maritime sector. This call was made by the Director General of NIMASA, Dr. Dayo Mobereola at the ongoing 36th Enugu International Trade Fair. The NIMASA DG who was represented by the Deputy Director in the Planning Research and Data Management Service Department of NIMASA, Mr. Umar Mohammed highlighted NIMASA’s commitment to implementing the Renewed Hope Agenda of the Federal Government, while also emphasizing the need for inclusive economic growth…