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Tag: shipping

Business
FG says new shipping line won't hurt local operators

FG says new shipping line won’t hurt local operators

November 24, 2023November 20, 2024 AGS

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reassured local shipowners that the re-establishment of national shipping lines will not adversely affect their operations. Speaking at a stakeholders’ roundtable in Lagos, Oyetola emphasized that the government’s initiative to … Continue reading FG says new shipping line won’t hurt local operators

Business
CBN threatens sanctions against shipping companies exporting undocumented cargoes

CBN threatens sanctions against shipping companies exporting undocumented cargoes

May 9, 2023November 20, 2024 AGS

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has stated that the bank would penalize shipping companies exporting undocumented cargoes from Nigeria. Emefiele made this statement at the RT200 Non-Oil Export Summit 2023 in Abuja. The governor … Continue reading CBN threatens sanctions against shipping companies exporting undocumented cargoes

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