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Category: Business

Business Economy

NPA MD storms Lagos ports midnight to assess compliance with 24-hour port operation

Iheanyi Ejiofor June 20, 2017 headline

By Funso Olojo The Managing Director of Nigerian Ports Authority (NPA) Ms Hadiza Bala Usman took port operators by surprise when she and her team undertook unscheduled tour of Apapa…

Read More NPA MD storms Lagos ports midnight to assess compliance with 24-hour port operation
Business Economy

CBN injects $195m into FOREX Market

Iheanyi Ejiofor June 19, 2017 headline

…announces retail option Following its intervention in the Inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of Nigeria (CBN) on Monday, June…

Read More CBN injects $195m into FOREX Market
Business Economy

NNPC reduces price of diesel to N175

Iheanyi Ejiofor June 19, 2017 headline

The Nigerian National Petroleum Corporation(NNPC), said it has reduced the price of diesel also known as Automative Gas Oil (AGO) N175 from N300. The reduction represents a decrease of about 42…

Read More NNPC reduces price of diesel to N175
Business Economy

FG signs N3.34bn MoU with Dangote, Flour mills, NPA for repair of Wharf road

Iheanyi Ejiofor June 17, 2017 headline

The federal government on Saturday signed N4.34bn MoU with Dangote group and other stakeholders for the rehabilitation of the long neglected Wharf Road Apapa, Lagos. Nigeria minister of power, works, and housing,…

Read More FG signs N3.34bn MoU with Dangote, Flour mills, NPA for repair of Wharf road
Business Economy Maritime

Customs expresses concerns over exportation of banned items at Lagos Ports

Iheanyi Ejiofor June 17, 2017

Funso Olojo || The Nigeria Customs Service (NCS) has expressed concerns over massive exportation of prohibited items from the seaports. This was disclosed by the Customs Area Controller (CAC), Apapa Command…

Read More Customs expresses concerns over exportation of banned items at Lagos Ports

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