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Daily Archives: June 10, 2021

Buhari Assures Railway Connection To Tin Can Island Port

Buhari Assures Railway Connection To Tin Can Island Port

By Kenneth Jukpor In a bid to ensure expeditious cargo evacuation and ease access to Tin Can Island Port, President Muhammadu Buhari has stated that Lagos-Ibadan-Kano rail line will be connected to the port in Lagos. President Buhari revealed this ...

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Deep Blue Project: Benchmark For Maritime Security In GoG – Buhari

Deep Blue Project: Benchmark For Maritime Security In GoG - Buhari

By Kenneth Jukpor President Muhammadu Buhari has described the Deep Blue Project as the benchmark for maritime security among nations in the West and Central African region. The Nigerian President made this claim while commissioning the project today in Apapa, ...

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We’ll Crack Down On Fake Products’ Importers – SON

We’ll crack down on fake products’ importers – SON

The Director-General of the Standards Organisation of Nigerian, Mallam Farouk Salim, on Wednesday, restated the agency’s commitment to rid the Nigerian market of fake and substandard products in view of the negative health implications and other effects. Salim said the ...

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Reps List Naira Devaluation Losses, Ask CBN To Halt Trend

Reps List Naira Devaluation Losses, Ask CBN To Halt Trend

The House of Representatives has asked the Central Bank of Nigeria to urgently put in place a policy to check further devaluation of the naira to the United States dollar and other international legal tenders. The House decried that while ...

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Importers, Agents Groan As Customs Adopt N404.97/$1 As New Import Duty Rate

Importers, Agents Groan As Customs Adopt N404.97/$1 As New Import Duty Rate

Importers in the country are to pay more, as the Federal Government, through the Central Bank of Nigeria (CBN) adopts a higher exchange rate band from N381 to N404.97 for calculation and payment of import duty. The situation, according to ...

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Four West African countries to buy Nigeria’s idle electricity

Four West African countries to buy Nigeria’s idle electricity

Niger, Togo, Benin and Burkina Faso are collaborating to buy the unutilised power produced in Nigeria, the Chairman of the Executive Board of the West African Power Pool, Sule Abdulaziz, said on Wednesday. Abdulaziz, who is also the acting Managing ...

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SIFAX Group Appoints Eniola-Jegede As Executive Director

SIFAX Group Appoints Eniola-Jegede As Executive Director

SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, has announced the appointment of Wunmi Eniola-Jegede as the Executive Director, Business Development and Strategic Planning. Eniola-Jegede, with over ...

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