Economy Automotive design investment will boost employment, says group Chinazor Megbolu The National Automotive Design and Development Council (NADDC), has said that investment in automotive design will help boost employment opportunities ... By maritimemagMarch 21, 20210
Economy Nigeria to spend $1.5billion to repair 32 year-old Port Harcourt Refinery The Federal Executive Council (FEC), has approved $1.5 billion for the repair of the 32 year-old Port Harcourt refinery. The council gave ... By maritimemagMarch 18, 20210
Economy Inflation hits four-year peak as food prices soar in Nigeria – Agency report Inflation in Nigeria reached 17.33 percent driven by the COVID pandemic, a drop in oil revenue and a weakened currency. Food prices in ... By maritimemagMarch 18, 20210
Economy Manufacturers accuse Customs of frustrating legitimate trade at ports. Abiola Seun | The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to roll out a reform through ... By maritimemagMarch 17, 20210
Economy Reps asks FG to halt disbursement of repatriated £4.2million, it belongs to Delta govt Reps asks FG to halt disbursement of repatriated £4.2million, it belongs to Delta govt The Federal government has been called upon to immediately ... By maritimemagMarch 11, 20210
Economy Ibori loot, UK to return £4.2m Ibori loot, UK to return £4.2m The United Kingdom is set to return £4.2m (N2.2bn) seized from convicted former Governor of Delta ... By maritimemagMarch 10, 20210
Economy FG to fund 2021 Budget from sale of refineries, Yola DisCo FG to fund 2021 Budget from sale of refineries, Yola DisCo Chinazor Megbolu The Federal Government has said it will fund ... By maritimemagFebruary 21, 20210
Economy AfCFTA: Nigerian Seafarers may lose out over fake certificate menace. Abiola Seun | The President, Alumni of the Maritime Academy of Nigeria, Oron (AMANO), Emmanuel Maiguwa, has predicted that Nigeria will lose ... By maritimemagFebruary 18, 20210
Economy Nigeria cashew export to UK, US, hit $500m Abiola Seun | Federal Government on Sunday put the country’s earnings from the export of cashew at $500m. Minister of Agriculture and Rural ... By maritimemagFebruary 16, 20210
Economy Ngozi Okonjo-Iweala promises to reposition WTO Sole candidate for the vacant position of Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has promised to reposition the global ... By maritimemagFebruary 13, 20210
Economy Nigeria approves quality control policy to halt rejection of export goods Abiola Seun | The Federal Government has approved the National Quality Policy to stop rejection of Nigerian goods exported out of the country. ... By maritimemagJanuary 28, 20210
Economy Nigeria’s external reserve hits $36.30bn Chinazor Megbolu | The Central Bank of Nigeria (CBN) has disclosed that the country’s foreign reserve has risen to $36.30 billion ... By maritimemagJanuary 20, 20210
Economy Group urges trade ministry on synopsis for proper implementation of AfCFTA Peter Olaniyi. |. The National Association of Nigerian Traders (NANTS) has urged the Ministry of Industry, Trade and Investment to develop synopsis of ... By maritimemagJanuary 17, 20210
Economy How 10 firms export $57.74m goods in one month—-CBN Peter Olaniyi. | The Central Bank of Nigeria has disclosed that top 10 exporters in the country exported $57.74m worth of goods in ... By maritimemagJanuary 15, 20210
Economy Nigeria’s forex reserves shrink to $35bilion — but can finance seven months imports — CBN Abiola Seun | The Central Bank of Nigeria, CBN, has indicated that the country’s foreign exchange reserves at current level of ... By maritimemagJanuary 14, 20210
Economy Despite Covid-19, Intels empowers additional 40 women in tailoring Abiola Seun | Despite the coronavirus pandemic that ravaged countries around the world in 2020 and affect economic activities, Oil ... By maritimemagJanuary 12, 20210
