Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]
Top 10 performing stocks
On the top 10 performing stocks last week were the shares of Dangote Sugar Refinery Plc, P.Z Cusson Plc, Ikeja Hotels Plc, Okomu Oil Palm Co. Plc, Costain (West Africa) Plc, and Presco Plc. Others were Chemical and Allied Products, CAP Plc, Ecobank Transnational Incorporated, ETI Plc, NPF Microfinance Bank Plc and UACN Property Development […]
43 ships laden with foods, petroleum products expected in Lagos
The document explained that five of the eight ships were expected to arrive with petrol, while the remaining three would berth with diesel, bulk gas and aviation fuel.
Some capital market operators optimistic about equities prices rebound
Some capital market operators on Monday expressed optimism that the nation’s bourse would experience a rebound after the Feb. 14 presidential elections.
Council proposes new economic agenda for maritime industry
“The economic agenda will enable the ports’ regulatory authorities to promote investment opportunities in the maritime sector and improve human capacity building in seafaring,’’ —Folarin
FG urged to finance capital expenditure via capital market
Operators in the Nigerian capital market have called on the Federal Government to source funds from the local market to finance capital expenditure instead of relying on the yearly meager budgetary allocation budget.
