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Fed Govt Exempts Dangote From Border Closure

Fed Govt Exempts Dangote From Border Closure       The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria...

Tank Fire Won’t Disrupt Fuel Supply – MOMAN

Tank Fire Won’t Disrupt Fuel Supply - MOMAN       The Major Oil Marketers Association of Nigeria has said the recent fire outbreak at the depot of one of its members, OVH Marketing Limited, will not cause product supply disruptions. MOMAN said in a statement on Sunday that...

Lagos, Others Get More N75bn MSMEs Fund Beneficiaries

Lagos, Others Get More N75bn MSMEs Fund Beneficiaries       Lagos, Kano and Abia States will produce more beneficiaries than any other state and the Federal Capital Territory in the sharing of the Economic Sustainability Plan’s N75bn Micro, Small and Medium Enterprises Survival Fund. This was contained in...

#EndSARS Protest Disruption Costs Economy N1.5trn

#EndSARS Protest Disruption Costs Economy N1.5trn       The economic cost of the #EndSARS protest disruption is estimated at N1.5tn, approximately 1.03 per cent of the GDP and 11.47 per cent of the 2021 budget, Financial Derivatives Company Limited has said. “This suggests that the economic recovery path...

A Few Thoughts on National Unity and Identity

A Few Thoughts on National Unity and Identity By Keem Belo-Osagie       There are many who refer to the amalgamation documents as if they tell us something about the unnatural nature of present day Nigeria. For me, the amalgamation document is simply a document of some historical...

Shipping Can Contribute 5% To GDP Yearly – Jamoh

Shipping Can Contribute 5% To GDP Yearly – Jamoh       Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has said that a developed shipping industry has potential to contribute about five percent to the nation’s economy. Jamoh disclosed this in Lagos when he...