Ships & Ports

IMF

IMF predicts wider budget deficit than FG’s outlook

Nigeria’s budget gap will probably be larger than the government estimates this year because the West African nation’s revenue from taxes and state companies will be...

Despite intervention of activists, UK deports 23 Nigerians

50 Nigerians deported from European countries arrive Lagos

Some 50 Nigerians were on Thursday deported from eight European countries for committing immigration-related offences. The Nigerians were deported from Switzerland,...

customs

Customs: Command generates N649.1m in March

The Tin-Can Island Port 2 Customs Command, Ijora in Lagos, on Thursday, said it generated the sum of N649.11 million in March. According to a statement by the...

Apapa Marine Beach Bridge to be closed

The Apapa-bound carriageway of the Apapa Marine Beach Bridge will be closed on Friday for 29 days in its ongoing rehabilitation, the site Manager, Simon Barakat, has...

U.S. trade deficit falls as exports hit two-year high

Mexican exporters jittery, awaiting Trump trade moves

The bustling, cheap-labor assembly plants that dot the Mexican side of the US border are booming, but President Donald Trump’s stances on taxes and trade have them...

FG’s economic model can’t work- Sanusi

The Emir of Kano, Muhammadu Sanusi ll, on Wednesday, faulted the present administration’s economic model, saying it would not work. Sanusi, who spoke at the Kaduna...

Crowd in airports as aviation fuel scarcity worsens

Nigeria’s airports record 2.3% increase in domestic passengers in 2yrs – NBS

The National Bureau of Statistics (NBS) has disclosed that Nigeria’s airports recorded an increase of 2.3 per cent in domestic passengers in 2015 and 2016. The NBS...

Abuja airport

Reps implore Aviation Ministry to reopen Abuja Airport as scheduled

  The Chairman House Committee on Aviation,  Onyejeocha Nkeiruka, on Wednesday implored the Ministry of Aviation to ensure that Nmandi Azikiwe Airport, Abuja, was...

Egbin Power plant

NECAN faults sale of gas to GENCOs in dollars

The Network for Electricity Consumers Advocacy of Nigeria (NECAN) says the sale of gas to Electricity Generating Companies (GENCOs), using international pricing template...

FG to boost vehicle assembly industry with N300bn

NADDC reaffirms FG support for Nigerian Auto Policy

The National Automotive Design and Development Council (NADDC) has dismissed insinuations that the Federal Government has jettisoned the National Automotive Policy owing...

militants pipeline

Senate proposes death penalty for sea piracy

A bill seeking death penalty for anybody that caused death during sea piracy scaled second reading in the Senate on Wednesday. The bill sponsored by Senator Nelson...

ghana-now-sells-petrol-to-nigeria

No plan to hike petrol price – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said the recent increase in bridging allowance to transporters from N6.20 to N7.20 per litre will not...