MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Business

Current state of Tin Can Island, Apapa ports shows years of neglect, says minister

    Current state of Tin Can Island, Apapa ports shows years of neglect, says minister

Gbemisola Saraki, minister of state for transportation, says it is important to mordenise the Apapa and Tin Can Island ports as the current state of the ports infrastructure signals years

0 comment Read Full Article

Nigeria withholds repatriation of $450m foreign airlines’ revenue, says IATA

    Nigeria withholds repatriation of $450m foreign airlines’ revenue, says IATA

The International Air Transport Association (IATA) says Nigeria is withholding about $450 million in revenue earned by foreign airlines operating in the country. Kamil Al Awadhi, vice-president for Africa and

0 comment Read Full Article

Nigeria pays $7.15m to acquire additional stake in pan-African housing development firm

    Nigeria pays $7.15m to acquire additional stake in pan-African housing development firm

Shelter Afrique, a pan-Africa housing development financier, says it has received $7.15 million in additional capital subscription from the federal government.  In September 2020, the institution received a $9.4 million

0 comment Read Full Article

New Falomo Towers will catalyse Lagos’ economic renaissance, says Sanwo-Olu

    New Falomo Towers will catalyse Lagos’ economic renaissance, says Sanwo-Olu

Babajide Sanwo-Olu, governor of Lagos state, says the new Falomo towers will be a highly sought-after destination when completed. The governor said this during the launching ceremony for the commencement

0 comment Read Full Article

SEC DG: How capital market studies in secondary schools will drive financial inclusion policy

    SEC DG: How capital market studies in secondary schools will drive financial inclusion policy

The Securities and Exchange Commission (SEC) says it will work towards infusing capital market studies into secondary schools’ curriculum in

0 comment Read Full Article

NBS: Abia, Imo paid above N170 per litre for petrol in May

    NBS: Abia, Imo paid above N170 per litre for petrol in May

The National Bureau of Statistics (NBS) says Abia, Imo and Cross River states paid the highest amount for premium motor

0 comment Read Full Article

Report: Amazon to expand into countries in Africa, South America in 2023

    Report: Amazon to expand into countries in Africa, South America in 2023

Amazon, an American e-commerce company, says it is making plans to expand into five countries across Africa, Europe, and South

0 comment Read Full Article

NBS: Price of diesel surged by 2.54% to N671 a litre in one month

    NBS: Price of diesel surged by 2.54% to N671 a litre in one month

The National Bureau of Statistics (NBS) says the price of automotive gas oil (AGO), better known as diesel, has increased by

0 comment Read Full Article

NBS: Nigeria generated N588bn from VAT in Q1 2022 — up by 4.4% from previous quarter

    NBS: Nigeria generated N588bn from VAT in Q1 2022 — up by 4.4% from previous quarter

The National Bureau of Statistics (NBS) says the country generated N588.59 billion as value-added tax in the first three months

0 comment Read Full Article

‘It will reduce operational losses’ — NARTO lauds upward review of freight rate

Nigerian Association of Road Transport Owners (NARTO) says the upward review of the freight rate for premium motor spirit (PMS)

0 comment Read Full Article
error: Content is protected from copying.