NPA Upgrades Harbour Operations to Increase Investment   The Nigerian Ports Authority (NPA) has commenced upgrades to its infrastructure and equipment to improve communications with visiting vessels and reduce vessel turnaround times. Speaking, yesterday, at the commissioning of its Control Tower at...

Manufactured Exports Fall By 40% In Q1, Says NBS   The National Bureau of Statistics’ Foreign Trade Statistics report, released on Monday, indicates a significant 40 per cent decrease in the value of traded manufactured goods in Q1 2023, which declined...

Africa’s GDP Growth Slowed By 65% – Report   Nigeria, Egypt, and South Africa were responsible for 65 per cent of Africa’s Gross Domestic Product slowdown, McKinsey has disclosed. The report, which was titled ‘Reimagining economic growth in Africa: Turning Diversity into...

NGX Trading Falls As Investors Lose N37bn   Investors on the Nigerian Exchange on Thursday lost N37bn due to losses recorded by Stanbic IBTC holdings (-3.02 per cent), Wapic (-6.52 per cent), GlaxoSmithKline (-5.30 per cent), FCMB (-2.17 per cent) and...

Marketers Convert 800 Petrol Tankers to Gas Supply   Oil marketers are currently converting some of their trucks to start supplying gas to filling stations in order to dispense Compressed Natural Gas to vehicles that run on gas. It was gathered on...

How Idiroko Border Was Reopened - PRNigeria Fact-Check Reveals   The story that President Bola Ahmed Tinubu recently ordered the reopening of the Idiroko Border is baseless, says a fact-check done by PRNigeria. According to the fact-check, the claim is even misleading. PRNigeria...