Business

Four suspected oil thieves have been arrested in Delta State, with their vessel, MT Thor, intercepted, as authorities crack down on economic saboteurs in the Niger Delta. Highlights: Arrest: 4 suspects caught with unspecified quantity of suspected stolen petroleum products Vessel Seized: MT Thor, allegedly laden with crude oil, linked to Ebenco Global Services Limited Investigation: Joint team collects samples, examines documents, and reviews court orders Prosecution: Suspects face trial for economic sabotage, as Federal Government vows to dismantle oil theft networks Tantita Security Services Limited intercepted the vessel, with Police Marine Unit involvement reportedly linked to Force Intelligence Department…

The Tin Can Island Port Command of the Nigeria Customs Service has smashed its 2025 revenue target, generating ₦111111111111111111.5trn, surpassing the target by ₦51.8bn. Revenue Generated*: ₦1.576trn (exceeds target by ₦51.84bn) Major Drivers:  Bulk cargo, general merchandise, and used vehicles Achievements : Streamlined alert management, robust stakeholder engagement, and intelligence-driven operations Seizures:  Significant prohibited and improperly declared goods intercepted Comptroller Frank Onyeka attributes success to officers' discipline, professionalism, and collective responsibility. Wa He assures sustained revenue collection, enforcement, and transparency, aligning with the Service's reform agenda .

The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed gratitude to Nigerian journalists, particularly the maritime media, for their role in Nigeria's recent success at the International Maritime Organization (IMO) elections. Highlights: IMO Election Win: Nigeria wins Category C council election after 14 years Media Support: NIMASA acknowledges maritime media's contribution to showcasing Nigeria's maritime potential Developmental Journalism:  Agency emphasizes importance of responsible reporting Continued Support: NIMASA pledges backing for Maritime Reporters Association of Nigeria (MARAN) NIMASA's Deputy Director, Edward Osagie, commended MARAN for responsible journalism, noting that the agency values the association's support despite perceived shortcomings. MARAN President,…

The Nigeria Customs Service has intercepted 20 diverted transit containers worth ₦769.5 million in the Kano/Jigawa Area Command, containing goods like vitrified tiles, diesel engine oil, and medical supplies. *Key Highlights:* Intercepted Goods: Vitrified tiles, diesel engine oil, polyester fabrics, used clothing, and more Prohibited Imports: Several items fall under Common External Tariff (CET) restrictions Conviction: Abdulrahman Sani Adam sentenced to 3 years in prison or ₦3 million fine Tracking System: Electronic container tracking rollout nears completion, offering real-time monitoring CGC Bashir Adewale Adeniyi warns that cargo diversion undermines revenue, compromises security, and damages Nigeria's international standing. Importers and logistics…

The Nigeria Customs Service (NCS) has reaffirmed its commitment to enhancing media engagement and capacity building for journalists in 2026. Speaking at the 2025 Zone 'A' End-of-Year Media Parley, Deputy Comptroller Abdullahi Maiwada emphasized the importance of impactful reporting and public understanding . Highlights: Journalist Training*: Structured programs to be rolled out across regional clusters Media Relations*: Evolving role of PR department as a bridge between Service and public Technology Integration*: AI tools to enhance engagement with journalists and stakeholders Officer Training*: Focus on emotional intelligence, professionalism, and humility Maiwada urged Customs officers to foster respectful communication, stating that "the…

A new era in maritime journalism has begun in Nigeria with the launch of the Centre for Maritime Media & Capacity Development. The centre was unveiled at the 10th anniversary of the Annual Seminar for Maritime Journalists, organized by First Mediacon Network Limited . The centre aims to equip maritime journalists with the skills and knowledge needed to thrive in a rapidly changing media landscape, driven by digitalization, artificial intelligence, and social media. CEO of First Mediacon Network Limited, Mr. Sesan Onileimo, emphasized the importance of future-proofing maritime reporting, stating that the centre will provide continuous training and development programs…

The Ogun 1 Area Command of the Nigeria Customs Service has made a significant breakthrough, intercepting contraband goods worth over ₦2 billion within just 11 days, including two exotic cars valued at ₦28 million. The seized items include: Narcotics: 16 parcels of heroin (16kg) worth ₦240 million and 3,355 wraps of Cannabis Sativa valued at ₦435.08 million Food Items: 2,200 kegs of foreign groundnut oil worth ₦264 million and 5,417 cartons of foreign spaghetti estimated at ₦162.51 million. Deputy Comptroller OO Afeni warned that smugglers will face severe consequences, stating, "there will be no hiding place" for perpetrators within the…

Lekki Deep Sea Port, Nigeria's first deep seaport, has reached a significant milestone, operating at nearly 50% of its designed capacity. The port's Managing Director, Mr. Wang Qiang, attributes this growth to increasing confidence from shipping lines and cargo owners, with container throughput rising steadily since September. To sustain this growth, Lekki Port is focusing on multimodal connectivity and digital integration. Barge operations currently account for 10% of cargo movement, but rail connectivity is essential for long-term efficiency, particularly with the Lekki Free Zone's industrial activities. The ongoing Lagos-Calabar Coastal Road project will improve road access, but rail infrastructure is…

The African Women in Maritime (WIMA) Nigerian chapter has a new leader, as Mrs. Theodora Nwaeze takes over as President, succeeding Mrs. Rollens Macfoy, who has been appointed Vice President, WIMA Africa (Anglophone). Highlights: Leadership Transition: Macfoy hands over to Nwaeze, citing "unity, dignity, and quiet strength" New Vision: Nwaeze pledges empowerment, innovation, collaboration, and visibility Executive Council : Fresh team includes Mrs. Temilade Ogunniyi as Vice President, Mrs. Obiageli Benjamin as Secretary, and others The event was attended by prominent maritime women, including Mrs. Jean Chiazor Anishere SAN, Chief (Mrs.) Carol Ufere, and Mrs. Odunayo Ani, among others.

The Nigerian Maritime Administration and Safety Agency (NIMASA) has disowned the Very Large Crude Carrier (VLCC) MV Skipper, arrested by the US Navy for alleged crude oil theft and other crimes. Points: Not Nigerian-Flagged: MV Skipper is not registered with NIMASA Owners Not Recognized: Thomarose Global Ventures Limited not registered as a shipping company with NIMASA Last Sighting: Vessel was in Nigerian waters on July 1, 2024, before moving to Asia and Caribbean NIMASA's Director General, Dr. Dayo Mobereola, assures collaboration with US authorities in ongoing investigations, emphasizing zero tolerance for criminality in Nigerian waters.