Economy Stakeholders converge on Lagos to assess Nigeria’s preparedness to access gains of AfCFTA Segun Oladipupo Relevant stakeholders will on Wednesday, 16th June, 2021 x-ray the preparedness of Nigeria to maximise the gains of African Continental Free Trade ... By maritimemagJune 15, 20210
Economy Nigeria’s GDP to grow by $3 billion on import reduction Nigeria’s Gross Domestic Product (GDP) will grow by about $3 billion, if the country can reduce its imports. The Governor of the Central ... By maritimemagJune 11, 20210
Economy Nigerian importers set to dump Nigerian ports over import tariff hike By Otunba Bright Nigerian importers may resort to diversion of cargo to the neighbouring countries following the increase of the exchange rate for ... By maritimemagJune 10, 20210
Economy Continuous slide in Naira value worries lawmakers The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the downward spiral in the value of the ... By maritimemagJune 10, 20210
Economy Price of goods to increase as CBN raises import duty to N404.97 Abiola Seun Import Duty on cargoes imported into the country has increased by N23 after the Central Bank of Nigeria (CBN) increased the ... By maritimemagJune 9, 20210
Economy NCDMB announces approval of four firms to supply barites for oil and gas operations Chinazor Megbolu The Nigerian Content Development and Monitoring Board (NCDMB) has announced the approval of four firms for the supply of Barites ... By maritimemagJune 8, 20210
Economy Nigeria records N9.8 trn from import-export trade in Q1 2021 Otunba Bright The National Bureau of Statistics (NBS) has revealed that Nigeria recorded total N9.8 trillion from foreign trade in the first ... By maritimemagJune 8, 20211
Economy 38 million Nigerian adults lack access to financial services- Report The Enhancing Financial Innovation & Access (EFInA), a financial sector development organisation that promotes financial inclusion in Nigeria, says 38 million citizens — ... By maritimemagJune 5, 20210
Economy Ibom Deep Seaport will save $70m revenue hitherto lost to illegal fishing Abiola Seun The Ibom deep seaport located in Ibaka, Mbo local council of Akwa Ibom State would save Nigeria approximately $70 million that ... By maritimemagJune 3, 20210
Customs & Excise Clearing agents support increase in charges at seaports Abiola Seun Clearing agents operating at the Ports and Terminal Multipurpose Limited (PTML) Terminal, Tin Can Island Port Complex, Lagos, have expressed support ... By maritimemagJune 3, 20210
Economy SON evacuates substandard tyres from warehouse in remote area Segun Oladipupo The Standards Organisation of Nigeria (SON) yesterday evacuated substandard tyres from a warehouse located in a remote area in Ogun State ... By maritimemagJune 2, 20210
Economy NCDMB boosts local content with $5bn investment in Nigeria Chinazor Megbolu The Nigerian Content Development and Monitoring Board (NCDMB) has boosted local content initiative with $5 billion in the country. This was ... By maritimemagJune 1, 20210
Economy FG to commence Kano-Kaduna rail.project without Chinese loans Segun Oladipupo Determined for success, the Minister of Transportation, Hon. Rotimi Amaechi has stated that work would commence on the Kano-Kaduna rail project ... By maritimemagMay 31, 20210
Economy Ibom Deep Sea project will boost maritime industry – Gov. Udom Emmanuel Chinazor Megbolu The Akwa Ibom state Governor, Udom Emmanuel has said that the Ibom Deep Sea Project (IDSP) will boost the nation’s maritime ... By maritimemagMay 30, 20210
Economy NCDMB pushes for $3.7bn commercial deal investments Chinazor Megbolu The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday said the organisation is poised to invest a total of ... By maritimemagMay 26, 20210
Economy Council asks exporters to maximise AfCFTA, ECOWAS agreement Abiola Seun The Nigerian Export Promotion Council (NEPC) has urged exporters operating on Micro, Small and Medium Enterprises (MSMEs) to take advantage of ... By maritimemagMay 26, 20210