Despite Nigeria’s removal from piracy-prone and high-risk maritime zones, shipowners are still paying heavy war risk insurance premiums on Nigeria-bound cargoes. Stakeholders say the charges, which have cost the country …
NIMASA
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BusinessEconomyInternational TradeMaritimeOil & GasSecurity
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EconomyGovernanceInternational TradeMaritimeNigeriaSecurityWestern Africa
NIMASA Confirms Attempted Boarding of Maltese Tanker Near Lome
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed an attempted boarding of the Malta-flagged chemical tanker, Endo Ponente, close to Lome Port in Togo. According to the agency, …
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AviationEconomyGovernment PolicyMaritimeNigeriaPublic SafetyRegulationTransportation
NSIB Warns New IGR Tax Law Could Disrupt Transport Safety Investigations
The Director-General of the Nigerian Safety Investigation Bureau (NSIB), Capt. Alex Badeh, has raised alarm over the possible negative impact of the newly passed Internally Generated Revenue (IGR) tax law …
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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EconomyGOVERNMENTNigeriaSecurityTrade and Commerce
NIMASA Shuts ShellPlux, TMDK Terminals Over Security Code Violations in Lagos
The Nigerian Maritime Administration and Safety Agency (NIMASA) has ordered the shutdown of ShellPlux and TMDK Terminals located in the Ijegun-Egba area of Lagos State. The closure was carried out …
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EconomyGOVERNMENTLabourNigeria
Nigerian Seafarers Demand Urgent Reforms Over Harassment, Poor Welfare
Nigerian seafarers have once again raised alarm over poor working conditions, rising harassment, and lack of support systems onboard vessels operating in the country’s waters. The call for urgent reforms …
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EconomyEnvironmentInternational RelationsNigeriaSecurity
Nigeria Begins Official Campaign for IMO Council Re-Election
Nigeria has officially launched its campaign to be re-elected into the International Maritime Organisation (IMO) Council under Category C for the 2026–2027 term. The event took place at the Delegates’ …
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EconomyGOVERNMENTInnovationNigeriaTechnology
NIMASA Gets Commendation from BPSR for Embracing Reforms and Automation
The Bureau of Public Service Reforms (BPSR) has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its proactive and forward-looking approach to institutional reform and system automation. This …
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DevelopmentGOVERNMENTNigeriaSecurityTANZANIATransportation & Logisitics
Nigeria, Tanzania Deepen Maritime Ties, Back IMO Council Bid
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Tanzania Shipping Agencies Corporation (TASAC) have agreed to strengthen bilateral cooperation in key areas of maritime operations, including port and …
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BusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTNigeriaPoliciesTransportation & LogisiticsWestern Africa
NIMASA Confirms 8-Year Loan Tenure, Single-Digit Interest for Cabotage Vessel Financing Fund
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …