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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,...

Waltersmith Modular Refinery Ready for Operations – DPR

Waltersmith Modular Refinery Ready for Operations - DPR       The Department of Petroleum Resources (DPR) has said that the 5,000 barrels per day (bpd) Waltersmith Modular Refinery project is fully ready for operations. The Director of DPR, Mr Sarki Auwalu, stated this during a pre-commissioning visit to...

Businesses, Govts Count Losses To #EndSARS Protests

Businesses, Govts Count Losses To #EndSARS Protests       At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown...

A Massacre Without Dead Bodies

A massacre without dead bodies By Salisu Na'inna Ɗambatta     The misapplication of media power for the mass distribution of content, enabled by the pervasive nature of the Information and Communication Technology (ICT) via the world wide web, has manifested in Nigeria during the so-called EndSars protest. And...

Ministry Targets 45% ICT Contribution To Nigeria’s GDP

Ministry Targets 45% ICT Contribution To Nigeria’s GDP       The Minister of Communications and Digital Economy, Dr Isa Pantami, says the impact of the digital economy through the e-commerce, online payments and other digital services can add 45 per cent to the country’s Gross Domestic Product. The...

Border Closure Boosts Rice Sufficiency, Manufacturing – FG

Border Closure Boosts Rice Sufficiency, Manufacturing - FG       The Federal Government on Thursday said the closure of Nigeria’s land borders was good for the economy as the country was now close to attaining self sufficiency in rice production. Minister of Finance, Budget and National Planning, Zainab...