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Category: Economy

Business Economy

Again, CBN pumps $195m into forex market

Iheanyi Ejiofor July 3, 2017 headline

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has injected the total sum of $195 million into…

Read More Again, CBN pumps $195m into forex market
Business Economy Maritime

NIMASA calls for improved welfare for indigenous seafarers

Iheanyi Ejiofor July 1, 2017 headline

As Nigeria joined the rest of the world to celebrate the World Seafarers’ day, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has advocated…

Read More NIMASA calls for improved welfare for indigenous seafarers
Business Economy Maritime

Nigeria to lose 20,000 jobs over NPA, INTELS face-off – NIIA

Iheanyi Ejiofor July 1, 2017 headline

Nigeria may lose over 20,000 jobs in the Niger Delta region to the face-off between Nigerian Ports Authority (NPA) and INTELS Nigeria Limited, an oil service company, says a group…

Read More Nigeria to lose 20,000 jobs over NPA, INTELS face-off – NIIA
Business Economy Maritime

Port users dare Lagos government on Wharf Landing Fees

Iheanyi Ejiofor July 1, 2017

Truck drivers and freight forwarders plying their trade at the Lagos ports have queried the continued relevance of Wharf Landing Fees and decided to stop paying the charges. Almost ten…

Read More Port users dare Lagos government on Wharf Landing Fees
Business Economy

Etisalat to restructure as Hakeem Belo-Osagie steps down as chairman

Iheanyi Ejiofor July 1, 2017 headline

Nigeria’s troubled mobile telephone operator Etisalat on Friday announced the resignation of its incumbent Chairman, Hakeem Bello-Osagie and plans to set up a new board. In a statement on Friday, the…

Read More Etisalat to restructure as Hakeem Belo-Osagie steps down as chairman

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