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USD/NGN 1,330.69 ▾0.2%GBP/NGN 1,779.60 ▾0.2%USD/NGN black market ₦1,389GBP/NGN black market ₦1,879EUR/NGN 1,526.44 ▾0.2%JPY/NGN 8.46 ▾0.4%CAD/NGN 948.94 ▾0.4%

Cargo contracts elude shipowners seeking $700m vessel financing fund

Nigeria’s effort to put more of its trade on Nigerian-owned ships is being held back by a chicken-and-egg problem. Indigenous read more Cargo contracts elude shipowners seeking $700m vessel financing fund

Aggregated · originally by BusinessDay
22 Sept 2026, 03:45 WAT · 3 min read
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Cargo contracts elude shipowners seeking $700m vessel financing fund

Nigeria’s effort to put more of its trade on Nigerian-owned ships is being held back by a chicken-and-egg problem. Indigenous read more Cargo contracts elude shipowners seeking $700m vessel financing fund