COVID-19: IMF, World Bank suspend debt payments by Nigeria, others
The International Monetary Fund IMF and the World Bank on Wednesday announced a temporary suspension of debt payments from Nigeria and other sub-Saharan Africa nations to enable them battle the…
COVID-19: NIMASA streamlines operations
DG/CEO NIMASA, Dr. Bashir Jamoh Francis Ezem The Nigerian Maritime Administration and Safety Agency NIMASA, has streamlined its operations as part of efforts to curtail the spread of the deadly…
We contribute substantially to Nigeria’s GDP growth- Alaba electronics dealers …Commend SON on efforts to check fake goods
A section of Alaba International Market, Electronics section, Alaba, Lagos. Francis Ezem The International Market Association (Electronics Section), International Market Alaba, has said that members of the association do genuine…
Container shipping firms brace for Coronavirus hit to trade
Leading container shipping firm Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as the coronavirus pandemic takes a heavy…
US seaports fight to stay open amid unfolding COVID-19 crisis
Shipping lines have canceled 20 voyages to the Port of Oakland, one of the 10 busiest container seaports in the , between February and April 2020, the port informed. The…
Covid-19: God revealed global lockdown to me, Adeboye declares …”But I was afraid to declare it”
General Overseer, RCCG, Pastor Enoch Adeboye By Our Correspondents The General Overseer of the Redeemed Christian Church of God RCCG, Pastor Enoch Adeboye has declared that God revealed the current…
Nigeria’s seaport tariffs lower than Ghana, Togo, others, says NPA
A port terminal in Lagos Francis Ezem The Nigerian Ports Authority NPA has said that the country’s port tariffs are lower than those of Ghana, Togo and many other countries…
BIMCO revises 2020 forecast for main shipping markets
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the full consequences. Nevertheless, we see a need…
Coronavirus outbreak threatens over 25m jobs, says ILO
The coronavirus pandemic could trigger a global economic crisis destroying up to 25 million jobs around the world if governments do not act fast to shield workers from the impact,…
We’ll impound, destroy fake, substandard electronic products, SON warns Alaba Market dealers …Blames influx of fake goods to absence from seaports
Francis Ezem The Standards Organisation of Nigeria SON has warned electronics dealers in the country that it will stop at nothing in impounding and destroying fake and substandard electronics products…
