Economy CBN asks banks to block accounts of 18 companies The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit ... By maritimemagAugust 21, 20210
Economy Senate asks FIRS to recover N17 billion ‘unpaid taxes’ The Senate has ordered the Federal Inland Revenue Service (FIRS) to go after companies that failed to pay their taxes in 2015. A ... By maritimemagAugust 17, 20210
Economy Federal government reviews oil price, pegs dollar at N410 for 2022-2024 The Minister of Finance, Budget and National Planning, Zainab Ahmed, has explained that the Federal Government has reviewed oil price and other key ... By maritimemagAugust 17, 20210
Economy Dollar scarcity: Terminal operators lament, may increase charges Segun Oladipupo As scarcity of dollars continues in the country, there are fears that terminal operators may increase their charges as they have ... By maritimemagAugust 13, 20210
Economy MER: DPR harps on economic recovery agenda for oil and gas sector The Department of Petroleum Resources (DPR) has harped on the usage and formulation of Maximum Economic Recovery (MER) agenda, in a bid to ... By maritimemagAugust 4, 20210
Economy CBN to refund capital deposit, licensing fees to BDCs The Central Bank of Nigeria has said it will commence the refund of the N35 million minimum capital deposits to applicants of Bureau ... By maritimemagJuly 31, 20210
Economy Experts hail CBN’s decision to stop forex sale to BDC operators An economist, Prof. Akpan Ekpo, has commended the Central Bank of Nigeria (CBN) for discontinuing sale of forex to Bureau de Change (BDC) ... By maritimemagJuly 29, 20210
Economy Foreign investment into Nigeria falls by half in Q2 2021 — NBS The total value of capital importation into Nigeria declined to $875.6 million in the second quarter of 2021 from $1.9 billion in the ... By maritimemagJuly 29, 20210
Economy INTELS graduates another batch of women empowerment scheme Abiola Seun Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited has graduated 34 beneficiaries of the 11th Batch of its flagship women ... By maritimemagJuly 28, 20210
Economy CBN retains monetary policy rate The Central Bank of Nigeria has retained the monetary policy rate at 11.5 per cent, with the assymetric corridor of +100/-700 basis points ... By maritimemagJuly 28, 20210
Economy CBN insists Nigerian banks resilient, safe, sound Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Monday, July 26 – Tuesday, July 27, ... By maritimemagJuly 25, 20210
Economy Nigerian government seeks to boost trade export with N50 billion grant The Nigerian Export Promotion Council (NEPC) has said that it was implementing a N50 -billion export expansion facility programme (EEFP) as part of ... By maritimemagJuly 24, 20210
Economy Dangote Cement plant to commence operations in Edo Dangote Cement Plc has said that its six million metric tonnes per annum (MTPA) plant located in Okpella, Edo state, is set to ... By maritimemagJuly 24, 20210
Economy AfCFTA success depends on regional integration of public good– Report The African Centre for Economic Transformation (ACET) has stated in its African Transformation Report 2021 that countries in the continent should look beyond ... By maritimemagJuly 22, 20210
Economy Benue, Abia, Cross River paid highest for petrol in June— NBS The National Bureau of Statistics (NBS) has said that Benue, Abia and Cross River states paid highest for premium motor spirit (PMS), better ... By maritimemagJuly 20, 20210
Economy China’s exports rebounds despite disruption by Covid-19 pandemic In June, China’s exports and imports showed unexpected growth at the same time that massive disruptions rocked Southern China. This could be a ... By maritimemagJuly 19, 20210
