‘Osinbajo’s stand to build more ports without fixing Eastern ports worrisome’
The weekend assurance by the Vice President, Yemi Osinbajo that the Federal Government will build more ports across the country, to decongest the gridlock in and out of the Apapa ports, has elicited divided reactions by maritime stakeholders. Recall that…
FG officially frustrating S’East by abandoning Onitsha River Port—OCCIMA
Business leaders in the South East region of Nigeria, who had hoped to drive their businesses using the long-rehabilitated Onitsha River Port, have rolled out facts and figures suggesting that the Federal Government deliberately sat on the concessioning of the…
Atiku seals synergy with LCCI, NACCIMA on true privatization
More positive fallouts from the recent Town hall meeting between former Vice president and Peoples Democratic Party’s (PDP) presidential flag bearer, Alhaji Atiku Abubakar have emerged. The latest is the full support handed down to his document on ‘How to…
LCCI, OCCIMA, others seek conclusion of Onitsha River Port Concession, 6 years on
Key stakeholders in Nigeria’s organized private sector doing business in Eastern Nigeria have once again, sent SOS to the federal government to conclude the concessioning of Onitsha River Port. The port, situated at the Onitsha end of the iconic River…
NACCIMA seeks single window payment system, review of MPR to attract FDIs
To deepen trade facilitation, the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has listed three conditions government must meet to grow foreign direct investments in Nigeria. The Chamber listed ratification and domestication of…
Delays in clearing cargoes at ports rising despite PEBEC’s intervention—NACIMMA
The President of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACIMMA), Mrs. Alaba Lawson, has decried the endless rise in costs of doing business at Nigerian ports despite the activities of the Presidential Enabling Business Environment Council…
NPA mulls partnership with Kaduna Chamber of Commerce on growth
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has assured full participation of the agency in the forthcoming 39th Kaduna International Trade Fair scheduled to hold between 23rd February to 4th March, 2018. She gave the assurance…
Prime lending rate at 18%, maximum lending rate at 31% killing businesses—NACCIMA
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Iyalode Alaba Lawson has revealed that studies by her group showed that with the prime lending rate hovering at 17.59 per cent alongside a…
ECCIMA joins league of groups saying naira gain not yet on sustainable platform
Since the observed appreciation of naira over all foreign currencies following the sustained injection of dollars into the interbank market by the Central Bank of Nigeria (CBN), industry followers had been one in stressing that Nigerians should not be carried…
How Trump’ll outsmart China in Nigeria very soon
The stage for the battle for the heart of Nigeria which China had begun ahead of US President Donald Trump’s election seems to be getting hotter by the day. This is coming from the recent strategic presidential phone call by…
