Business Hilights

Tracking Nigeria's Headline Business News Online

Apapa Port

New traffic control team coming on New Year on Apapa port access roads—FG

Following the instant disbandment of the Presidential Task Team on Apapa gridlock led by former Lagos State commissioner for transportation, Kayode Opeifa, by the Federal Government during a recent tour of the corridor, a top official of the Ministry in…

Weak port infrastructure costs FG N1tn, companies N2.5tn in 2018—LCCI, others

New report coming from a survey carried out by the Lagos Chamber of Commerce and Industry (LCCI), Organised Private Sector and the Centre for International Private Enterprises in 2018, has shown that poor ports facilities drained the Nigerian economy about…

Maritime stakeholders seek diversion of cargoes from Lagos to southern ports

The ongoing drive by the Federal Airports Authority of Nigeria (FAAN) to decongest air traffic from Murtala Mohammed International Airport (MMIA) Lagos to newly inaugurated world class facilities at Port Harcourt and Abuja airports, has captured the interest of shipping…

Customs: If no rice ship called Apapa port in two years, why are markets saturated?

The recent revelation by the Apapa Area Command of the Nigeria Customs Service (NCS) that no single vessel of traded rice has berthed in Apapa port in the last two years has raised an issue of urgent national importance plus…

Customs gives inchoate reasons for continued checks at seaport exit gates

…As NPA, port users’ see act as anti ease of doing business There are strong indications that the insistence of the Nigerian Customs Service (NCS) to continue mounting checkpoints at Nigerian seaports is further frustrating the presidential executive order on…