BUSINESS
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Manufacturers decry additional15% port-related charges
Many businesses are experiencing worrying downturn due to unsustainable operating costs. “This will not only reduce revenue for the Nigerian…
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IFC invests $50m in Lagos Free Zone to boost economic growth
“When fully occupied, Lagos Free Zone is expected to create approximately 30,000 direct, indirect, and induced jobs, while contributing significantly…
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Exporters cry out over $10m losses due to NXP integration at TTP
Exporters also warned that the turnaround time for the exporting goods under the NXP Integration process with TTP would be…
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IFC invests $50m in Lagos Free Zone to support Nigeria’s industrial growth
The International Finance Corporation (IFC) has announced an equity investment of 50 million dollars in the Lagos Free Zone Company…
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Nigeria economy on the rise with investment opportunities – Edun
“The progress we have made in stabilising the economy and driving growth is a testament to our administration’s commitment to…
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Frequent electricty tariff hikes stifling manufacturing – MAN
The Manufacturers Association of Nigeria (MAN) has stated that frequent increases in electricity tariffs are hindering the performance of the…
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NPA to review tariffs upward by 15% for competitiveness
The Nigeria Ports Authority (NPA) says it is reviewing its charges upward by 15 percent, citing a need for competitiveness…
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China lodges complaint with WTO against U.S. tariffs
China has lodged a complaint with the World Trade Organisation (WTO) over the new tariffs imposed by the United States…
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United Airlines to be 1st U.S. carrier to resume flights to Israel
United Airlines said that it will be the first U.S. carrier to resume flights to Israel, the Israel Airports Authority…
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SEC says Blockchain tech will improve capital market efficiency
The Securities and Exchange Commission (SEC) says the deployment of blockchain technology will improve efficiency and aid the regulation of…
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