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Cargo Volume at Lagos Ports Jumps 90%

Cargo traffic at Lagos ports has surged, with the Nigerian Ports Authority (NPA) reporting that 18 vessels are scheduled to berth at Apapa and Tin Can Island Ports this week, carrying a mix of containers, bulk commodities, petroleum products, and general cargo.

NPA Targets N1.28tn Revenue for 2025

The Nigerian Ports Authority (NPA) has earmarked a revenue generation target of N1.28tn in 2025. This is up from the N894.86bn it realised in 2024.

Dangote to Begin Coal Exports, Targets $7m Fertiliser Revenue Daily

Aliko Dangote, president of the Dangote Industries Limited, says the company will soon start exporting coal out of Nigeria.

Storm at Ports: NPA Rocked by $25m, N160m Scandals

Storm at Ports: NPA Rocked by $25m, N160m Scandals   The Nigerian Ports Authority (NPA) has come under intense scrutiny following allegations detailing a deep-rooted culture of corruption, operational inefficiency, and political interference within the agency. According to insider revelations obtained by Economic Confidential, senior officials at...

Port Agencies, Stakeholders Collaborate to Reduce N2.5trn Losses

Port Agencies, Stakeholders Collaborate to Reduce N2.5trn Losses   The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) have called for stronger public-private collaboration to tackle chronic inefficiencies at the nation’s ports. This is as Nigeria seeks to unlock the estimated $3.4tn market potential under...

FG Vows to Continue Naira-for-Crude Deal

FG Vows to Continue Naira-for-Crude Deal The Federal Government has confirmed that crude and refined product sales in Naira initiative will continue as a national policy. This assurance was contained in the official X (formerly Twitter) handle of the Federal Ministry of Finance on Wednesday morning...