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Category: Business

Business Maritime News

Port operator appeals to government for waivers on goods trapped at ports

Iheanyi Ejiofor June 20, 2017

By FUNSO OLOJO A maritime consultant and port operator, Lucky Amiwero, has appealed to the Federal government to give a special consideration to goods trapped at the ports due to…

Read More Port operator appeals to government for waivers on goods trapped at ports
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

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