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Category: Business

Business Economy

CBN lifts forex market with $195m

Iheanyi Ejiofor June 28, 2017 headline

On the first day of transaction after the Eid-el-Fitr celebration, the Central Bank of Nigeria (CBN), on Wednesday, June 28, 2017, intervened in various segments of the inter-bank market to…

Read More CBN lifts forex market with $195m
Business Economy

Electronic auction of Customs cargo commences July 1

Iheanyi Ejiofor June 26, 2017 headline

—as NAGAFF lauds initiative Funso Olojo || The long-awaited electronic auction of cargo introduced by the present management of Nigeria Customs Service is expected to come on stream this Saturday,…

Read More Electronic auction of Customs cargo commences July 1
Business Economy Maritime

We have nowhere to go –Truck owners tell FG over ultimatum to vacate port roads

Iheanyi Ejiofor June 24, 2017 headline

The Association of Maritime Truck Owners (AMATO) has said that the directive of the federal government that truck drivers must vacate Apapa roads within seven days is unrealistic and implementable.…

Read More We have nowhere to go –Truck owners tell FG over ultimatum to vacate port roads
Business Economy

CBN, NCC intervenes in Etisalat/Banks crisis to save jobs, Asset Stripping

Iheanyi Ejiofor June 23, 2017 headline

Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the telecom company by the banks, the Central…

Read More CBN, NCC intervenes in Etisalat/Banks crisis to save jobs, Asset Stripping
Business Economy Maritime

Nigeria, Ghana to Sign MoU on Cabotage Implementation

Iheanyi Ejiofor June 23, 2017 headline

In continuation of its quest to make Africa compete favourably with other maritime nations in the world, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) is…

Read More Nigeria, Ghana to Sign MoU on Cabotage Implementation

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