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Category: Economy

Business Economy Maritime

Fuel scarcity looms as Apapa road reconstruction commences

Iheanyi Ejiofor June 23, 2017 headline

…Tanker drivers can’t assess fuel …FG gives drivers 7 days ultimatum to vacate …Depot owners begin strike over $2bn debt Unless government intervenes, Nigerians may soon experience another round of…

Read More Fuel scarcity looms as Apapa road reconstruction commences
Economy

NCC pledges to protect 21m Etisalat subscribers

Iheanyi Ejiofor June 22, 2017

The Nigeria Communication Commission (NCC) has assured millions of subscribers registered with Etisalat, the troubled telecommunications company that they will not in anyway be affected negatively. The commission’s position was…

Read More NCC pledges to protect 21m Etisalat subscribers
Business Economy Maritime

INTELS drags NPA to court over proposed de-categorisation of terminal operations

Iheanyi Ejiofor June 21, 2017

INTELS Nigeria Limited has stated that the proposed de-categorisation of the terminals by the Nigerian Ports Authority (NPA) will not only jeopardise the prospect of recovering its investments under the…

Read More INTELS drags NPA to court over proposed de-categorisation of terminal operations
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
Economy

Access Bank, others take over Etisalat Nigeria

Iheanyi Ejiofor June 20, 2017 headline

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15. The takeover followed the…

Read More Access Bank, others take over Etisalat Nigeria

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