Cabotage Vessels Finance Fund

News

Navy Intercepts Another Vessel With 720,000 Litres Of Stolen Crude In Lagos

Felix Ifijeh, THEWILL -
February 11, (THEWILL) - The Nigerian Navy Ship, BEECROFT, has arrested a Motor Tanker SAISNIL II, for alleged oil theft in Lagos waters. In a statement on Sunday, the Base Information Officer, Hussein Ibrahim, said the vessel, flagged in...
Business

FG Set to Share N145bn Cabotage Fund– After 17 Years of Waiting

Anthony Awunor, THEWILL -
Indigenous ship-owners in Nigeria are set to receive the first disbursement of the Cabotage Vessels Finance Fund (CVFF) from Primary Lending Institutions (PLIs) expected kick off in March 2023. The PLIs United Bank of Africa (UBA), Zenith Bank, Union Bank,...
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Latest News

BusinessOgochukwu Onwaeze, THEWILL -

NGX Market Capitalisation Inches Up as All-Share Index Gains 0.02 Percent

The Nigerian Exchange Limited (NGX) recorded a marginal recovery on Tuesday, as market capitalisation increased by N28 billion from N165.079 trillion at the opening to N165.107 trillion at the close of trading.
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