Maritime Archives - Businessday NG https://businessday.ng/category/maritime/ Thu, 20 Apr 2023 11:02:05 +0000 en-US hourly 1 188198514 Importers count losses as vandals thrive at Tin-Can Port https://businessday.ng/maritime/article/importers-count-losses-as-vandals-thrive-at-tin-can-port/ https://businessday.ng/maritime/article/importers-count-losses-as-vandals-thrive-at-tin-can-port/#respond Thu, 20 Apr 2023 01:40:50 +0000 https://businessday.ng/?p=723447 Tin Can Port

Alexander Osaze is a businessman importing used cars, popularly known as ‘tokunbo’, into Nigeria through the roll-in and roll-out terminals in Tin-Can Island Port in Lagos. As an auto dealer, Osaze has a showroom in Benin, the Edo State capital, where he sells foreign and Nigerian used cars. Despite the concession of the cargo handling […]

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How Nigeria can transform blue economy into an alternative revenue source https://businessday.ng/maritime/article/how-nigeria-can-transform-blue-economy-into-an-alternative-revenue-source/ https://businessday.ng/maritime/article/how-nigeria-can-transform-blue-economy-into-an-alternative-revenue-source/#respond Wed, 19 Apr 2023 10:33:30 +0000 https://businessday.ng/?p=723328 Blue economy

Nigeria, Africa’s most populous nation, is the sixth largest oil-producing country, according to the Organisation of the Petroleum Exporting Countries (OPEC), which has for several years, depending on crude oil revenue to drive its economic agenda. Despite being one of the largest crude oil-producing and exporting nations in the world, Nigeria in recent years has […]

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SIFAX Group appoints Odeyemi as head of legal https://businessday.ng/maritime/article/sifax-group-appoints-odeyemi-as-head-of-legal/ https://businessday.ng/maritime/article/sifax-group-appoints-odeyemi-as-head-of-legal/#respond Wed, 19 Apr 2023 10:17:08 +0000 https://businessday.ng/?p=723326 Odeyemi

SIFAX Group, a conglomerate with investments in maritime, aviation, and Logistics, said it has appointed Jesuyemisi Odeyemi as the new group head of Legal Services and Company Secretary. Odeyemi will be responsible for all legal matters within the Group and serve as the Company Secretary for all the subsidiaries. She is an astute legal and […]

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Lekki Port opens for business two months after the Presidential inauguration https://businessday.ng/maritime/article/lekki-port-opens-for-business-two-months-after-the-presidential-inauguration/ https://businessday.ng/maritime/article/lekki-port-opens-for-business-two-months-after-the-presidential-inauguration/#respond Wed, 12 Apr 2023 11:46:37 +0000 https://businessday.ng/?p=721675 Lekki Port

Two months after President Muhammadu Buhari commissioned the $1.5 billion Lekki Deep Seaport, the port has finally opened its doors to business as it received the first commercial vessel on Thursday, April 6, 2023. Buhari officially commissioned the newly completed Lekki Deep Seaport located at the Ibeju Lekki area of Lagos State on Monday, January […]

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NPA needs to reconstruct facilities in all Nigerian ports, says Bello-Koko https://businessday.ng/maritime/article/npa-needs-to-reconstruct-facilities-in-all-nigerian-ports-says-bello-koko/ https://businessday.ng/maritime/article/npa-needs-to-reconstruct-facilities-in-all-nigerian-ports-says-bello-koko/#respond Wed, 12 Apr 2023 11:34:12 +0000 https://businessday.ng/?p=721668 Mohammed Bello-Koko,

Mohammed Bello-Koko, the managing director of the Nigerian Ports Authority (NPA), has disclosed that there is no port in Nigeria that does not need the reconstruction of some of its facilities. Speaking during a conversation on Channels Television News in Lagos, Bello-Koko said there is a current estimate of between $560 million and $800 million […]

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