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Category: Business

Business Economy Maritime

Government loses N140bn weekly to Apapa gridlock—Dangote

Iheanyi Ejiofor June 21, 2017 headline

The Federal government may be losing a whopping sum of N140bn weekly to the daily traffic gridlock that has now characterised the Lagos port access roads. Making this claim in…

Read More Government loses N140bn weekly to Apapa gridlock—Dangote
Business Economy Maritime

Maritime Transport policy is essential for economic growth—Dakuku

Iheanyi Ejiofor June 20, 2017 headline

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has stated that Nigeria is in dire need of a Maritime Transport policy which will complement…

Read More Maritime Transport policy is essential for economic growth—Dakuku
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

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