Delay at APM Terminals, Apapa Port has raised importation cost by a whopping 45%, importers and customs clearing agents have alleged. The port users who spoke with The Nigerian Economy…
Samson Echenim
Samson Echenim
I am a business journalist with nearly 2 decades of experience. I believe in the good journalism upholding the ethics of the profession. Journalism should work as a catalyst for economic development and a healthy nation. From writing news, features and business articles, and anything in-between, to crafting investigative and development reports, it is always a pleasure to engage my world in the most productive manner. Welcome to my world.
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CUSTOMSNEWS & PUBLIC ECONOMYSHIPPING & TRADE
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NEWS & PUBLIC ECONOMYSHIPPING & TRADE
Tinubu to commission dry port in Katsina
by Samson Echenim 1 minutes readPresident Bola Tinubu will commission the much anticipated Funtua Inland Dry Port in Katsina tomorrow. Funtua Inland Port is built through a public-private partnership (PPP) propelled by the Nigerian Shippers’…
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CUSTOMS
Customs launches Advance Ruling System for effective trade facilitation
by Samson Echenim 2 minutes readThe Nigeria Customs Service (NCS) has, in conjunction with the Nigerian Energy Support Programme (NESP), launched an auspicious scheme aimed at enhancing trade facilitation and creating a more transparent business…
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NEWS & PUBLIC ECONOMYREAL ESTATE & CONSTRUCTION
Lagos-Calabar coastal road right of way properties compensation to cost N2.75bn
by Samson Echenim 1 minutes readThe Federal Government is billed to pay a whopping N2.75 billion to owners of properties to be demolished to give way for the 700-kilometre Lagos-Calabar coastal road project. Minister of…
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CUSTOMS
Customs CG condemns attack by smugglers, vows to apprehend killers of officer in Katsina
by Samson Echenim 2 minutes readThe Comptrollers-General of the Nigeria Customs Service (CGC), Bashir Adewale Adeniyi has said the agency is leaving no stone unturned in efforts to apprehend killers of Assistant II Auwal Haruna…
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NEWS & PUBLIC ECONOMYSHIPPING & TRADE
Maersk denies new $600m investment in Nigerian port
by Samson Echenim 2 minutes readAP Moller-Maersk has debunked report that it is planning to invest $600 million in Nigerian seaport infrastructure. Nigeria’s President, Bola Tinubu had claimed that the Danish shipping conglomerate had promised…
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TECHNOLOGY
MTN sustains loss spree after listing in NGX, loses N7.5bn in Q1
by Samson Echenim 2 minutes readSince after listing in Nigerian Stock Exchange, telco giant, MTN Nigeria Communications Plc is on a loss spree sustaining the negative balance sheet trend with a loss of N7.5 billion…
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POWER
Why new electricity tariff does not affect most Nigerians — Minister
by Samson Echenim 3 minutes readMost Nigerians are not affected by the new electricity tariff, as the Minister of Power, Adebayo Adelabu explained to the Nigerian Senate on Monday. According to the minister, customers not…
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NEWS & PUBLIC ECONOMYSHIPPING & TRADE
AP Moller to invest $600m in Nigerian seaport Infrastructure
by Samson Echenim 2 minutes readGlobal leader in seaport business, AP Moller-Maersk plans to invest $600 million in its port in Nigeria. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, disclosed the decision during a…
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TECHNOLOGY
Nigerians to pay more for calls as telcos move to raise tariffs
by Samson Echenim 2 minutes readTelecommunications companies (telcos) operating in Nigeria notably Glo, MTN, Airtel and 9Mobile have initiated moves to increase tariffs. The telcos are asking the federal government to facilitate constructive dialogue in…