170 results found

The COVID pandemic has wreaked havoc on economies of the world, on a global scale as economists and fiscal policy experts associate its effect as the worst global economic crisis of the century in comparison with the global economic recession of 2008 and the economic depression of the 1930s.

The international maritime industry is rapidly evolving with the introduction of Maritime Autonomous Surface Ships ("MASS") being a significant shift in the manner in which goods are transported across the seas.

A ship mortgage is one of the principal instruments through which vessels are financed in international and domestic trade.

The Federal Government’s approval of the National Policy on Marine and Blue Economy 2025–2034 provides Nigeria with an overarching policy framework for transforming its maritime resources into a major engine of economic growth, investment, employment and national development.

Increasing globalisation has made it even more imperative for countries to ‘validly' protect their economies through strategic initiatives including promoting local content (LC)...

Following various reports regarding the impact of the coronavirus ("COVID-19") pandemic on the shipping industry, the International Maritime Organization ("IMO") issued a circular

Nigeria's maritime sector undergoes a major regulatory overhaul with the Nigerian Ports Economic Regulatory Agency Act, 2026, transforming the former Nigerian Shippers' Council into a powerful economic regulator with expanded authority over port operations, tariffs, and service standards. The Act introduces mandatory registration requirements for service providers and establishes a comprehensive framework for economic regulation, though questions remain about potential jurisdictional conflicts with existing...

Foreign Jurisdiction clauses are of critical importance to international transactions.

As a global practice, Maritime holds a significant space in international and local trading. To reflect modern-day realities that aid cross-border...

The Act received presidential assent on 19 June 2026. Its stated objectives are to establish a legal framework for the efficient economic regulation of regulated services and activities and to protect the interests of shippers, providers and users of regulated services.

The world over, every country has its own set of rules governing its coastal trade. Players in this sector either own the ships which are leased to charterers or lease vessels from vessel owners...

The Nigeria Centre for Disease Control is the National Public Health Institute (NPHI) for Nigeria.

The Federal Government of Nigeria has announced the deployment of Electronic Cargo Tracking Notes for all Nigerian Ports. The Electronic Cargo Tracking Note (ECTN) is an official loading document or certificate...

Globally, the maritime industry is susceptible to disputes due to the technical nature of the industry. The maritime industry comprises various contractual relations and transactions, which sometimes result in disputes...

President Bola Ahmed Tinubu has signed the Nigerian Ports Economic Regulatory Agency (NPERA) Act, 2026, formally transforming the Nigerian Shippers' Council into an independent economic regulator...

The Finance Act 2020 was enacted by the National Assembly of the Federal Republic of Nigeria to amend eight (8) tax legislations viz Companies Income Tax Act, Value Added Tax Act,...

The Federal High Court had rendered a decision of significant consequence on the enactment. But as is increasingly the case with highly significant disputes, the judicial determination was far from being settled, at first instance.