In 1991 the federal government established the Export Processing Zone Act, and established the Calabar site.…
Author: Ships & Ports
Nigerian executed in Singapore
Chijioke Obioha, a 38-year-old Nigerian, has been executed in Singapore after being found guilty of drug…
CMA CGM stays in red, pays back NOL takeover loan
CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in…
11 ships discharging petroleum products in Lagos
Eleven ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…
1.2m metric tonnes of poultry products smuggled into Nigeria annually
The Poultry Association of Nigeria (PAN) has given 1.2million metric tons as the estimated volume of…
Tanker explosion kills 73
At least 73 people were killed and 110 others injured Thursday when a truck carrying petrol…
Navy hands over suspected militants’ paramedic to DSS
The Nigerian Navy has arrested one Augustine Effiong, a suspect who specialises in providing medical services…
Manufacturers lost N500bn to flexible foreign exchange policy — MAN
The Manufacturers Association of Nigeria (MAN) on Thursday said Central Bank of Nigeria’s flexible exchange rate…
CBN lifts manufacturing, power with $660m forex disbursements
The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other…
Nigeria cancels joint venture cash calls with oil companies, targets $15 billion investments
The Nigerian government has finally announced the cancellation of joint cash call with oil companies operating…
China Exim Bank to spend $1bn on Nigeria’s economic zones
The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said that the Export-Import Bank of China…
240 migrants perish in Mediterranean Sea off Libya coast
More than 240 people have died in boats in the Mediterranean Sea this week, according to…