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Category: Business

Business Economy Maritime

Egina FPSO will enhance our safety regulatory capacity- NIMASA DG.

Iheanyi Ejiofor June 17, 2017

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has said the on-going construction of the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO)…

Read More Egina FPSO will enhance our safety regulatory capacity- NIMASA DG.
Business Economy Maritime

NPA buckles under NDLEA threats to remain at port

Iheanyi Ejiofor June 17, 2017 headline

— retraces its step to evict the anti-drug czar Funso Olojo || The Nigerian Ports Authority (NPA) seemed to have retracted its earlier step to shut out the Nigerian Drug…

Read More NPA buckles under NDLEA threats to remain at port
Business Economy

Nigeria May End Multiple Naira Rates in Quest for Inflows

Iheanyi Ejiofor June 16, 2017 headline

Nigeria will end a system of multiple exchange rates that has deterred investment in its stocks and bonds, according to the head of the country’s main currency-trading platform. The central…

Read More Nigeria May End Multiple Naira Rates in Quest for Inflows
Business Economy

CBN moves against Inflation, mops up N200 billion in Special OMO

Iheanyi Ejiofor June 15, 2017 headline

In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking…

Read More CBN moves against Inflation, mops up N200 billion in Special OMO
Business Economy

Nigeria’s inflation rate drops again – NBS

Iheanyi Ejiofor June 15, 2017 headline

Nigeria’s inflation dropped to 16.25 percent in May from 17.24 percent in April, according to the ”Consumer Price Index” for the month of May released by the National Burea of…

Read More Nigeria’s inflation rate drops again – NBS

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