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Daily Archives: March 11, 2020

Jamoh Takes NIMASA DG Mantle, Assures Continuity, Stakeholders Engagement

Jamoh Takes NIMASA DG Mantle, Assures Continuity, Stakeholders Engagement

…As NIMASA records peaceful transition By Kenneth Jukpor In what was a historic event and one of the most peaceful handover ceremonies at the Nigerian Maritime Administration and Safety Agency (NIMASA), the immediate past Executive Director, Finance and Administration of ...

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IWD 2020: Gender Equality Is Key To National Economic Growth

IWD 2020: Gender Equality Is Key To National Economic Growth

By Kenneth Jukpor The President, Women in Maritime Africa (WIMAfrica) Nigeria Chapter, Hajia Bola Muse has called for gender equality as part of efforts to ensure sustainable economic growth in the nation, stressing that equal participation of women and men ...

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Nigeria records $7.18bn increase in capital importation

Nigeria records $7.18bn increase in capital importation

The total value of capital importation in 2019 stood at $23.99bn, which is an increase of $7.18bn over $16.81bn recorded in 2018. This represented a growth of 42.69 per cent, the National Bureau of Statistics disclosed this on Tuesday in ...

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Stock market investors lose N656bn in one day

Stock market investors lose N656bn in one day

Investors suffered a loss of N656bn on Tuesday as the Nigerian equity market saw its biggest daily decline in more than eight years. The market reacted to the impact of the oil price war between Russia and Saudi Arabia and ...

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Buhari approves governing boards of NIMASA, NPA

Buhari approves governing boards of NIMASA, NPA

The President, Major General Muhammadu Buhari (retd.), has approved the appointment of members of the governing boards of the Nigerian Maritime Administration and Safety Agency and the Nigerian Ports Authority. It was also gathered on Tuesday that the newly appointed ...

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Border closure: Customs make 697 arrests, N7.4bn seizures

Border closure: Customs make 697 arrests, N7.4bn seizures

The Nigeria Customs Service says it has arrested about 697 illegal immigrants and seized contraband goods worth N7.4bn seven months into the partial closure of the nation’s borders. The Comptroller General, NCS, Hameed Ali, (retd), said this in a statement ...

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Petrol imports gulped N1.71tn in 2019, says NBS

Petrol imports gulped N1.71tn in 2019, says NBS

The amount spent on petrol imported into the country dropped by 42 per cent to N1.71tn in 2019, data obtained from the National Bureau of Statistics have shown. The N1.71tn represented 10.75 per cent of the amount spent on all ...

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