Nigeria’s maritime sector holds significant potential for economic growth, but underinvestment in infrastructure continues to limit its development. Efficient ports, modern logistics systems, and strong regulatory frameworks are essential for a thriving maritime industry. Without proper investment, issues such as port congestion, delays, and inefficiencies will persist, negatively affecting trade
The demand for marine insurance has increased significantly due to rising risks in global shipping operations. Factors such as piracy, cargo damage, and delays have made comprehensive insurance coverage more important than ever. Insurance providers are adapting their policies to address these emerging risks, offering more flexible and tailored solutions