Economy FG to ban forex on sugar, wheat importation — as Nigeria spends N1billion on Sugar annually Chinazor Megbolu The Federal Government through the Central Bank of Nigeria (CBN) had said it will soon ban foreign exchange on sugar and ... By maritimemagApril 17, 20210
Economy Oyo seeks NEPC collaboration on food production, exportation Chinazor Megbolu The Oyo State government is seeking to collaborate with the Nigeria Export Promotion Council (NEPC) on food production and exportation. ... By maritimemagApril 17, 20210
Economy PMS, Tokunbo vehicles tops imports to Nigeria in Q1 The National Bureau of Statistics (NBS) had said that petroleum motor spirit (PMS) and second hand vehicles topped the major importation into the ... By maritimemagApril 13, 20210
Economy Buhari media group tackles IMF over forecast on Nigeria’s economic growth The Buhari Media Organisation (BMO) has tackled the International Monetary Fund (IMF) over its 2.5% economic growth projection for Nigeria, accusing the Fund ... By maritimemagApril 12, 20210
Economy Nigeria prints N60 billion to augment Federal allocation for March — Obaseki The Governor of Edo State, Godwin Obaseki has said the Federal government printed N60 billion as part of federal allocation for March ... By maritimemagApril 11, 20210
Economy IMF urges sub-Saharan Africa to increase tax revenues, others The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality ... By maritimemagApril 11, 20210
Economy DBN disburses N191.7 billion loans to MSMEs in 2020 The Development Bank of Nigeria (DBN) has disbursed loans worth N191.7 billion to micro, small and medium enterprises (MSMEs) in 2020. DBN, in ... By maritimemagApril 9, 20210
Economy $9.6bn goods stuck in Suez Canal freed Abiola Seun The Ever Given, a mega-container ship stranded in Egypt’s Suez Canal, has been refloated and freed, earlier than the timeline projected ... By maritimemagMarch 31, 20210
Economy FG inaugurates N50bn export expansion facility programme Chinazor Megbolu The Federal Government has inaugurated the N50 billion export expansion facility programme (EEFP) in the country. The Minister of Industry, ... By maritimemagMarch 31, 20210
Economy BPE DG calls for increased private sector participation in maritime industry Segun Oladipupo For the maritime industry to achieve its maximum potentials, private sector has a crucial role to play, Director General of Bureau ... By maritimemagMarch 30, 20210
Economy FG set to reduce wheat importation by 60% Chinazor Megbolu The Federal Government through the Central Bank of Nigeria (CBN), is set to reduce wheat importation by 60 per cent over ... By maritimemagMarch 27, 20210
Economy Shippers’ Council emphasises importance of INCOTERMS to success of AfCFTA. Segun Oladipupo The Nigerian Shippers’ Council (NSC) has said that to make maximum benefits from the African Continental Free Trade Agreement (AfCFTA), it ... By maritimemagMarch 26, 20210
Economy Government must make other seaports functional to end Apapa traffic gridlock— NEXIM Abiola Seun The Managing Director of Nigeria Export-Import Bank, NEXIM, Alhaji Abba Bello, yesterday said other seaports in Nigeria must be operational before ... By maritimemagMarch 26, 20210
Economy Sanwo-Olu pledges support for AfCFTA agreement Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement. Sanwo-Olu ... By maritimemagMarch 24, 20211
Economy Dangote fertiliser plant resumes operation this week Chinazor Megbolu – The Dangote Group has announced that its fertilizer plant will resume operation this week. The Chairman, Dangote Group, Alhaji ... By maritimemagMarch 22, 20210
Economy Agbakoba faults Okonjo-Iweala over her advice to Nigeria to be import dependent Human rights lawyer, Dr. Olisa Agbakoba has disagreed with the World Trade Organisation’s (WTO) Director General, Dr. Ngozi Okonjo-Iweala over the latter advice ... By maritimemagMarch 21, 20210
