TinCan Ports: NPA Strengthens Security, Restrict Access
The Nigerian Ports Authority says it has strengthened security at TinCan Island ports with the erection of a concrete fence and the installation of an automated access control gate.
The Managing Director of NPA, Mohammed Bello-Koko, said revealed this recently...
Companies, Consumers Taxes Hit N5.3tn – NBS
The National Statistics Bureau data shows that consumers of goods and services and companies paid N5.34tn as taxes to the government in 2022.
This represents a 42.14 per cent increase from the N3.76tn that was raised in 2021. The...
Open Banking: CBN Issues Guidelines for Financial Stability
The Central Bank of Nigeria has issued operational guidelines for open banking to ensure stability in the nation’s financial system.
The apex bank in a circular referenced, ‘PSM/DIR/PUB/CIR/001/043’, and dated March 7, 2023, said the guidelines would create...
Harvest: Weak Policies Stall Nigeria’s Agriculture - UN
The United Nations Food and Agriculture Organisation says Low crop yields, post-harvest losses, food safety concerns, and weak implementation of relevant policies, among others, are stagnating agriculture production in Nigeria.
It said this was part of findings contained...
African Airlines Record 124% Increase in Passenger Traffic, Says IATA
The International Air Transport Association says African airlines have recorded a 124 per cent growth in passenger traffic in the past year.
The Switzerland-based IATA, which represents international airlines globally, said the recovery in air travel...
Investors Gain N107bn as Stock Market Rebounds
Despite Tuesday's loss of N1bn, investors at the Nigerian Exchange Limited gained N107bn the following day, Wednesday.
The All-Share index and market capitalisation appreciated by 0.35 per cent to 55,801.14 and N30.397tn respectively.
Since the beginning of the year,...
