Nigeria’s maritime sector is vital to its economic wealth but urgently requires measures to safeguard its extensive and strategic coastal resources.
Nigeria’s maritime sector is vital to its economic wealth but urgently requires measures to safeguard its extensive and strategic coastal resources.
Becoming a ship owner in Nigeria presents various prospects for business ventures, leisure activities, exploration, and discovering new horizons.
Strategies to Unlock Non-Tax Revenues in Nigeria: Nigeria confronts significant revenue difficulties, notably evidenced by the N10.78 trillion budget deficit for 2023. To cover this deficit, the Federal Government plans to primarily rely on fresh borrowings amounting to N8.80 trillion.
On Monday, November 14th, 2022, the Nigerian media was abuzz with news of the arrest and arraignment of the crew..
The Maritime Practice Group of Olisa Agbakoba Legal (OAL), a leading maritime law firm in Nigeria with over 45 years of existence and the brain behind the Coastal and Inland Shipping (Cabotage) Act 2003 organized a Webinar on the “Lekki Deep Sea Port: The Issues and Prospects for the Nigerian Economy” on the 14 June, 2023.
Arbitration remains the top dispute resolution method in Africa, with arbitrators advocating for the country to become a hub for international arbitration. The International Commercial Court (ICC) facilitates efficient trade and dispute resolution, providing access to justice and the rule of law.
A contract of affreightment is an agreement between a charterer and a ship owner where the ship owner agrees to transport a specific number of goods for the charterer at a specified period.
Over two months ago, Nigeria’s largest and West Africa’s biggest seaport, the Lekki Deep Sea Port, located at the centre..
The Federal Inland Revenue Service is the agency created by the Government to access, collect and account for taxes across..
The Admiralty Jurisdiction Act widens the scope of the Federal High Court in relation to the arrest of ships. This..