The presence of an economic port regulator in the Nigerian seaport system will enhance efficiency, check operators excesses and boost non-oil exportation, Executive Secretary/CEO, Nigerian Shippers’ Council, Dr Pius Akutah …
Samson Echenim
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Samson Echenim
I am a business journalist with nearly two 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, analysis, and everything 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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TRANSPORT
New NRC MD hits the ground running, secures cargo movement from Apapa port to Ibadan through rail
Barely one week after he assumed office as the new Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa has perfected plans for movement of cargo from the …
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The Nigeria Ports Authority (NPA) has announced an upward review of its charges, citing needs for competitiveness and infrastructuaral upgrade. This is the first time the port authority has reviewed …
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Nigeria’s President, Bola Ahmed Tinubu has disclosed the sectors and institutions that will benefit from the N4.52 trillion 2025 budget increase he recently sent to the National Assembly. Allocation details …
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NEWS & PUBLIC ECONOMYOIL & GAS
What FG must do before resuming oil exploration in Ogoni land–Ex-NIMASA boss, Dakuku Peterside
The Federal Government’s suspected plan to resume oil exploration in Ogoni land remain uncertain, except some contentious issues are addressed, a chieftain of Niger Delta region, Dr Dakuku Peterside has …
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A shipping expert and Managing Director, Widescope Nigeria Limited, Dr. Segun Musa has condemned the planned re-introduction of International Cargo Tracking Note (ICTN) in Nigerian ports and its proponents, insisting …
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Following resistance against its implementation of 4% Free-On-Board (FOB) charge by licenced Customs agents and freight forwarders, the Nigeria Customs Service (NCS) has issued a statement to inform importers and …
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The Naira has reacted sharply to the Central Bank of Nigeria’s extension of forex sales till May 30. The Naira depreciated at the official market on Monday, trading at N1,495.60 …
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Frontline licenced Customs agents and freight forwarders have reacted to the recent implementation of 4% import processing charge, insisting that they will not pay the charge, which the Nigeria Customs …
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SHIPPING & TRADE
Nigeria joins International Port Community System Association ahead of single window implementation
As part of requirements for the implementation of a national single window for efficient facilitation of import and export trades, the Nigerian Ports Authority (NPA) has successfully joined the International …