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In a significant development, stakeholders and experts in Nigeria’s maritime sector have expressed overwhelming support for the Coast Guard Bill currently before the National Assembly. The proposed legislation aims to establish a dedicated coast guard responsible for securing Nigeria’s maritime zones, and many have hailed it as a crucial step in bolstering the federal government’s efforts to secure the maritime …

Nigerian Meteorological Agency (NiMet) and Maritime Organization of West and Central Africa (MOWCA) have signed a Memorandum of Understanding (MoU) to advance maritime safety in the region. The agreement, signed on December 5, 2024, in Abidjan, Côte d’Ivoire, aims to promote maritime weather observation, early warnings, and capacity building, focusing on Marine Meteorology, for MOWCA member states. Speaking at the …

The Capital Market Correspondents Association of Nigeria (CAMCAN) hosted its 2024 annual workshop on December 7, 2024, at the Orchid Hotel in Lekki, Lagos. The event, themed “Recapitalisation: Bridging The Gap Between Investors and Issuers in the Nigerian Capital Market,” brought together regulators, operators, and company executives to discuss issues affecting the market and Nigeria at large. In her welcome …