Experts have estimated that by increasing the participation of Nigerian-owned ships in global trade, Nigeria's Gross Domestic Product (GDP) can grow by $5.42 billion. 

Refineries, Ventures, Shipping Led To N56.1bn Loss In April - NNPC       Seven subsidiaries and business units of the Nigerian National Petroleum Corporation (NNPC) contributed a cumulative N56.177 billion to the national oil company’s total losses in April this year, latest financial and operations data from...

Shipping Can Contribute 5% To GDP Yearly – Jamoh       Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has said that a developed shipping industry has potential to contribute about five percent to the nation’s economy. Jamoh disclosed this in Lagos when he...

Nigeria, Korea To Deepen Ties On Shipping Development     Nigeria and South Korea have both agreed to intensify their collaboration in trade and shipping development. The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, made this disclosure on Thursday at a meeting...