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Daily Archives: August 1, 2019

AfCFTA: Experts Lament Harsh Nigerian Transport Industry

BEARS: Lagos Transport Wahala

African nations must have niche in shipping – Usoro AIB receives MMS Transport Agency of the year 2018 By Kenneth Jukpor Following the recent signing of the African Continental Free Trade Agreement (AfCFTA), Transport veterans in Nigeria have urged the ...

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Experts Call For Unity Among Subsectors In Transport Industry

By Okuneye Moyosola The Chief Executive Officer of Belujane Konzult and an aviation consultant, Mr. Chris Aligbe has said that the transport sector can only overcome its challenges through harmony across the sub-sectors, such as the road mode, rail, aviation ...

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NIWA, LASWA end 10 years dispute on waterways

NIWA, LASWA end 10 years dispute on waterways

The National Inland Waterways Authority (NIWA), and the Lagos State Waterways Authority (LASWA,) have ended a decade of dispute on control of the waterways, by signing a cooperation agreement in the areas of responsibility, to end a subsisting legal tussle. ...

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NPA solicits rail infrastructure for seaports

NPA solicits rail infrastructure for seaports

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, has emphasised the need to have standard railway infrastructure linking the seaports, saying the current dilapidated structure is impacting negatively on Lagos ports. Usman, who spoke at the West Africa ...

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Experts harp on security to promote marine economy

Experts harp on security to promote marine economy

Experts in the maritime sector have called for safer waterways to harness the enormous wealth from the sea and ocean. The experts, who gathered at the 2019 African Day of the Seas and Oceans, in Lagos, added that biodiversity of ...

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TUC challenges CBN over claims to reduce forex to companies

TUC challenges CBN over claims to reduce forex to companies

The Trade Union Congress of Nigeria (TUC), has challenged the Central Bank of Nigeria (CBN), to make public the list of companies applying for foreign exchange (forex), as it plans a reduction to companies soon. The union, which expressed dissatisfaction ...

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Investments in Fintechs in Nigeria, SSA hit $357 million

Investments in Fintechs in Nigeria, SSA hit $357 million

• 396m registered mobile money accounts now in region Over the last 12 to 18 months, Sub-Saharan Africa (SSA) has emerged one of the fastest growing financial technology (Fintech) hubs in the world in terms of investments, albeit from a ...

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African airlines account for 92 million out of 4.4 billion yearly global traffic

African airlines account for 92 million out of 4.4 billion yearly global traffic

African airlines have continued on the path of slow growth accounting for only 92 million out of the 4.4 billion air passenger traffic recorded globally in 2018. The 92 million or 2.1 per cent of the global market is the ...

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