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.

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   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   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 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...

Petrol Imports Surge to 154m Litres Weekly Amid Naira-for-Crude Crisis   Seven vessels carrying imported Premium Motor Spirit, popularly called petrol, are expected to berth at seaports along the nation’s borders between Monday, March 17, and Sunday, March 23. According to a document obtained from the Nigerian...