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Less Than 10% of $700m Trapped Funds Paid – Foreign Airlines

Less Than 10% of $700m Trapped Funds Paid – Foreign Airlines   As stakeholders in the business landscape express relief over the intervention by the Central Bank of Nigeria (CBN) in the foreign exchange market in recent times, foreign airlines operating in Nigeria have disclosed that...

FG Approves $1.6bn New Warri, P/Harcourt Ports

FG Approves $1.6bn New Warri, P/Harcourt Ports   Two new seaports costing $1.6bn are to be developed by the Federal Government in the South-South as part of efforts to decongest the Lagos ports, the Minister of Transportation, Rotimi Amaechi, has said. He said the two ports would...