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Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines

Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines         Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due to the inability of the country to lift her cargoes. According to shipping experts and economists,...

Airlines Resume, Seek Release Of N27bn Bailout

Airlines Resume, Seek Release Of N27bn Bailout         Local airlines, yesterday, resumed skeletal services following last week’s disruption by the EndSARS protests and the attendant curfew imposed by the Lagos State government. The demonstrations, which had forced some foreign operators to suspend flights, resulted in grounding of...

Fighting Cyber Crime through Public-Private Collaboration

Fighting Cyber Crime through Public-Private Collaboration By Inyene Ibanga     Cyberspace is constantly flooded with information generated by individuals, corporate organisations, state institutions and businesses on a daily basis. This information is easily processed, transferred or stored for use in our everyday personal and business activities. As...

Nigeria’s Duty-free Export To US Plunges To $300.48m

Nigeria’s Duty-free Export To US Plunges To $300.48m         Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports to...

Oil Price Rises To $43

Oil Price Rises To $43       Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher. Reuters...

Ayine Tasks African SAIs on Impact-Driven Environmental Audits

Ayine Tasks African SAIs on Impact-Driven Environmental Audits The Auditor-General for the Federation, Mr. Anthony Mkpe Ayine, has urged Supreme Audit Institutions in the African region to rise up to the challenges confronting their environment and carryout impact-driven environmental audits that will enhance biodiversity conservation...