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Business & Maritime West Africa

Business & Maritime West Africa
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NAHCO Equipment Damages Another Air Peace Aircraft, Reviving Concerns Over Repeated...

LAGOS, July 15, 2026 — Air Peace has confirmed that one of its Airbus A320 aircraft was significantly damaged at the Murtala Muhammed International...

Economic Growth Incentives: Import Duty Exemptions Hit N34trn in 2025-Customs

The Comptroller-General, Nigeria Customs Service (NCS), Adewale Adeniyi, says the value of Import Duty Exemption Certificate (IDEC) approvals for imported goods and equipment rose...

Customs, NMDPRA Auction 20,500 Litres of Seized Petrol in Lagos

The Nigeria Customs Service (NCS) has auctioned 20,500 litres of petrol worth N38 million intercepted by Operation Whirlwind in the Lagos – Ogun axis.   The...

Post Clearance Audit: Why the World Bank Technical Assistance Matters for...

By Okey Ibeke The recent Technical Assistance Mission on Post Clearance Audit (PCA) organised by the World Bank Group in collaboration with the Nigeria Customs...

Oilserv Begins Offshore Pipeline Installation for NLNG Gas Transmission Expansion 

Oilserv Limited has commenced work on the shallow-water section of the Nigeria Liquefied Natural Gas (NLNG) Gas Transmission System (GTS-1) expansion project aimed at...

National Shipping Carrier: Beyond Oyetola’s Promises 

By Okey IBEKE   At the 2026 Day of the Seafarer celebration held in Lagos on Thursday, June 25, the Minister of Marine and Blue Economy,...

Maersk Line, Trapped Export Cargoes and Threat to FG’s Economic Recovery...

By Okey IBEKE   When President Bola Ahmed Tinubu assumed office in May 2023, he inherited an economy grappling with declining foreign exchange earnings, rising unemployment,...

Border Security: Customs Deepens Ties with NAQS, Reaffirms Commitment to Protecting...

The Nigeria Customs Service (NCS) has reaffirmed its leadership role in safeguarding Nigeria's borders, announcing plans to deepen collaboration with the Nigeria Agricultural Quarantine...

Senate Approves Customs’ 2026 Budget, Backs N11.074trn Revenue Target 

The Senate on Wednesday approved the 2026 budget proposal of Nigeria Customs Service (NCS), endorsing a revenue target of N11.074 trillion and a total...

IMF Projects Global 2026 Growth at 3.0%, Forecasts Nigeria at 4.1%

The International Monetary Fund (IMF) has projected that global economic growth will slow to 3.0 per cent in 2026 before recovering to 3.4 per...
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