Mr Mensah made the remarks in a speech delivered on behalf of the Chief Executive Officer of GEXIM, Sylvester Adinam Mensah, ...

The original MIDP was set in 2019, and it was updated in 2024. With this plan, the government will increasingly be involved in partnering with the private sector to boost their development. One ...

As Nigeria intensifies efforts to diversify its economy through the Blue Economy initiative, stakeholders in the maritime sector have warned that the country may continue to lose vast economic ...

'rendered': 'Endowed with well over 3,000 kilometres of navigable inland waterways and a coastline stretching 853 kilometres, Nigeria possesses the natural capacity to become Africa’s foremost ...

Following Nigeria’s participation at the recently concluded Abu Dhabi Sustainability, the Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has received the Consul-General of ...

Ship traffic via vital waterway plummets over 90% versus pre-war levels, hovering at historic lows, as only 988 vessels make ...

The Federal Government has warned that maritime crimes continue to pose significant risks to trade flows, investment, and economic growth across Africa, stressing the need for stronger maritime ...

Maritime transportation moves about 80 percent of what the world’s economy needs to function. The historical relationship between global GDP growth and maritime trade has been consistent and does not ...

Global economic growth forecasts are relatively optimistic for 2026, but a freight shipping expert tells CNBC the frontloading of shipments related to President Trump tariff's may be skewing the ...

They are known as ‘choke points,’ the canals and rivers through which the world’s trade is transported by ships of all kinds and sizes. And suddenly they are under threat. In fact, two kinds of threat ...

Global trade relies on a small set of maritime chokepoints—geographic bottlenecks through which much of the world’s energy, food, and goods must pass. When these routes function, they enable speed and ...