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USD/NGN 1,321.23 ▾0.1%GBP/NGN 1,788.75 ▴0.1%USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

After 20 Years, FG Moves To Unlock Shipowners’ $25m Fund

The federal government has commenced moves to unlock the long-delayed Cabotage Vessel Financing Fund (CVFF), with qualified Nigerian shipowners expected to access up to $25 million in financing. The Minister of Marine…

Aggregated · originally by Leadership
7 Sept 2026, 21:45 WAT · 3 min read
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After 20 Years, FG Moves To Unlock Shipowners’ $25m Fund

The federal government has commenced moves to unlock the long-delayed Cabotage Vessel Financing Fund (CVFF), with qualified Nigerian shipowners expected to access up to $25 million in financing. The Minister of Marine…