Economy Only exportation can save naira – Bankers Abiola Seun The President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that for Nigeria to strengthen its currency,the country ... By maritimemagOctober 20, 20210
Economy E Call-Up: Cost of cargo haulage from Apapa Port drops by 62.5 percent Abiola Seun The cost of moving containers from Apapa Port to warehouses has drastically reduced by over 62.5 percent depending on the location ... By maritimemagOctober 15, 20210
Economy Government raises alarm over threat against $269bn Nigeria’s Blue Economy Abiola Seun The Minister of Niger -Delta Affairs, Senator Godswill Akpabio yesterday, said $269billion Nigeria blue economy is under serious threat due to ... By maritimemagOctober 8, 20210
Economy Federal Government plans review of auto policy The Federal Government has assured stakeholders in the nation’s auto industry that a reviewed auto policy would be released before the end of ... By maritimemagSeptember 27, 20210
Economy SON tasks traders on best quality standards to benefit from AfCFTA Segun Oladipupo Standards Organisation of Nigeria (SON) on Friday tasked traders to uphold the highest quality standards for them to benefit from the ... By maritimemagSeptember 25, 20210
Customs & Excise Only drones can checkmate smuggling at Seme border – Customs Abiola Seun The Nigeria Customs Service (NCS), yesterday has devised new means to checkmate smuggling at the nation’s land borders. Speaking yesterday at ... By maritimemagSeptember 21, 20210
Economy Execution of sugar master plan could fetch Nigeria over $700 million yearly — Dangote Chairman of Dangote Sugar Refinery Plc, Aliko Dangote, has said that the National Sugar Master Plan (NSMP), when executed as designed, could fetch ... By maritimemagSeptember 21, 20210
Economy CBN insists on BDC forex ban despite naira crash The Central Bank of Nigeria has said it will not reverse its decision to ban the sales of foreign exchange to Bureaux De ... By maritimemagSeptember 18, 20210
Economy Pressure mounts on CBN Governor to resign. Seven different groups on Thursday added their voices to that of the Arewa Youth Assembly, calling for the resignation of the Governor ... By maritimemagSeptember 17, 20210
Economy CBN probes lenders over currency transactions Nigeria’s Central Bank says it’s investigating the foreign exchange transactions of lenders operating in the country. Following “recent occurrences in the market”, the ... By maritimemagSeptember 12, 20210
Economy CBN warns of looming famine due to impact of insecurity, coronavirus on agric, value chain The Central Bank of Nigeria (CBN) has expressed deep concern over severe disruptions of the agricultural value chain due to security challenges ... By maritimemagSeptember 11, 20210
Economy Nigeria is borrowing sensibly and responsibly — Finance Minister The Federal Government has reasurred Nigerians that the economy is on the path of recovery. The Minister of Finance, Budget and National Planning, ... By maritimemagSeptember 1, 20210
Economy Nigerians spend N12.3 trillion on petrol, diesel in six years Nigerians spent a whopping N12.3 trillion on the purchase of petrol and diesel in the last six years, an analysis of the Nigerian ... By maritimemagAugust 23, 20210
Economy Presidents Buhari, Kagame to attend CIBN banking conference President Muhammadu Buhari and President Paul Kagame of Rwanda are among dignitaries expected to attend the 14th annual banking and finance conference organised ... By maritimemagAugust 22, 20210
Economy Communications Ministry generated over N1 trillion revenue in two years — Patani The Federal Ministry of Communications and Digital Economy has said it generated N1.054 trillion as revenue for the Federal Government in two years. ... By maritimemagAugust 22, 20210
Economy CBN threatens to revoke licences of MFBs engaging in FX transactions The Central Bank of Nigeria (CBN) has threatened to revoke licences of microfinance banks dealing in foreign exchange (FX) transactions. The apex ... By maritimemagAugust 21, 20210