Economic Report

8 ships with petrol, other commodities arrive Lagos ports

Eight ships conveying petrol and other commodities have berthed at Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said Friday. The Agency said in its daily publication, Shipping Position, that the vessels were already discharging their consignments at the ports. According to it, one of the vessels is discharging base oil. […]

Economic Report

Alaba Lawson wants implementation of policy to curb illegal mining

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) on Wednesday made some recommendations aimed at addressing illegal mining activities in Nigeria. This call was made by the Chamber’s National President, Mrs Alaba Lawson, during an interview with our reporters in Lagos. Lawson called for the implementation of real policy papers on […]

Economic Report

Nigeria needs cost effective tariff – AFDB

President of the African Development Bank (AfDB) Dr Akinwunmi Adesina has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply. Speaking with State House correspondents after meeting behind closed doors with President Muhammadu Buhari at the Presidential Villa in  Abuja Adesina said power was one of […]

Economic Report

Nigeria orders foreign miners to leave Zamfara State

The Federal Government of Nigeria has ordered foreign miners in Zamfara State to leave within 48 hours. It also announced the suspension of mining activities in the state to curb the activities of armed bandits. The move followed an attack that killed about 50 persons in the state at the weekend. Briefing State House correspondents […]

Economic Report

Understanding Chinese Success in Nigeria

Prof. Muyiwa Falaiye, the Director of the Institute of African and Diaspora Studies (IADS), University of Lagos (UNILAG), on Tuesday said the Chinese had seen opportunities in factors that posed challenges to Nigerians. Falaiye told the News Agency of Nigeria (NAN) in Lagos that it was so because Nigerians at home and abroad had yet […]

Economic Report

Jobs and skills in the Fourth Industrial Revolution

(Amukelani Chauke, Pretoria) – As the digital age transforms the way in which people live, it will also have an impact on the economy and on jobs. New trades with new skills will be created and some jobs that are currently being done by humans will be replaced by automated systems. All except those that […]