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Category: Business

Business Economy

Dangote makes $1.1bn in six days

Iheanyi Ejiofor June 5, 2017 headline

Africa’s richest man Aliko Dangote made a staggering $1.1bn in the last six days following the extraordinary rally of the Nigerian Stock Market. Available information shows that NSE has gained…

Read More Dangote makes $1.1bn in six days
Business Economy

CBN injects $190m into Forex market, opens up market

Iheanyi Ejiofor June 5, 2017 headline

Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign exchange market, the Central Bank of Nigeria (CBN) on Monday,…

Read More CBN injects $190m into Forex market, opens up market
Business News

Ease of doing business order yet to affect port operations—Stakeholders.

Iheanyi Ejiofor June 5, 2017

Though the Federal Government has approved a reduction in the unnecessary documentation for imports and exports at the nation’s seaports, stakeholders in the maritime sector have lamented that the directive…

Read More Ease of doing business order yet to affect port operations—Stakeholders.
Business News

NIMASA sells Nigerian maritime industry to foreign investors

Iheanyi Ejiofor June 5, 2017

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that Africa is ready to engage on equal terms with the rest of…

Read More NIMASA sells Nigerian maritime industry to foreign investors
Business Economy

Tin Can Customs realises N106bn revenue in five months

Iheanyi Ejiofor June 5, 2017 headline

The Tin Can Island Command of the Nigeria Customs Service has collected a total of N106billion between January and May 2017, despite the economic recession in the country that has…

Read More Tin Can Customs realises N106bn revenue in five months

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