Business

LCCI Holds Invest Nigeria Expo In August

Published

3 years ago

July 27, 2023

426 Views

The Lagos Chamber of Commerce and Industry (LCCI) will next month host an international business conference and Expo, tagged “Invest Nigeria.”

The event is scheduled to hold on Tuesday 29th and Wednesday 30th August, 2023 at the Eko Hotel and Suite, Victoria Island, Lagos Nigeria.

In a statement, LCCI said that the event, being organised
in partnership with the Ministry of Foreign Affairs, ,will lead to the signing of landmark investment agreements between Nigeria and other countries and establishing Multilateral Trade Associations, as well as to introduce 10 Unicorn Companies to the Nigerian Economy.

Other highlights of the event will be:

*Business Forum headlined by the Presidency, State Government, Diplomats, Ministry of Foreign Affairs, Ministry of Industry, Trade and Investment, and Leaders of the organized private sector.

*The Governor’s session before the keynote address, where five State Governors will speak to the audience on investment opportunities in their states and the available incentives.

*Ten Business to Business Sessions on Oil and Gas, Manufacturing, Agriculture, Fintech, Textile, and Creative Arts.

*Four Government to Government meetings between representatives of the Nigerian government and representatives of other governments.

*Expo section with delegates and exhibitors from at least 50 different countries.

Business

NPA initiate trucks movement code to ease traffic at Lagos ports

The initiative is designed to ensure that each truck is matched exclusively to its designated empty container, eliminate multiple allocations, improve traffic management and enhance operational efficiency within the port corridor.

Published

19 hours ago

July 30, 2026

OCHEFA

24 Views

The Nigerian Ports Authority (NPA) has introduced a movement code to streamline the movement of empty containers into seaport terminals and reduce traffic congestion caused by container trucks along the Apapa and Tin Can Island port corridors.

The Guardian reported that under the new policy, the movement code will serve as a unique identifier generated by a holding bay for every empty container uploaded to the Electronic Call-Up (ETO) platform.

The code must correspond with the details captured on the ETO system before trucks are granted access to port terminals.

In a notice issued to stakeholders, the NPA said the movement code has become a mandatory requirement for completing the truck-container matching process.

Truck drivers are required to obtain the code from designated holding bays before proceeding to the ports.

According to the authority, the initiative is designed to ensure that each truck is matched exclusively to its designated empty container, eliminate multiple allocations, improve traffic management and enhance operational efficiency within the port corridor.

Business

Okonjo-Iweala lauds Cardoso for stabilising Nigeria’s monetary environment

Okonjo-Iweala, gave the commendation on Thursday at the 7th Africa Emerging Markets Forum held in Abuja, with the theme: “Building Resilience Amidst Geo-economic Uncertainties.”

Published

19 hours ago

July 30, 2026

OCHEFA

25 Views

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has commended the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, for stabilising Nigeria’s monetary environment.

Okonjo-Iweala, gave the commendation on Thursday at the 7th Africa Emerging Markets Forum held in Abuja, with the theme: “Building Resilience Amidst Geo-economic Uncertainties.”

Speaking at the forum, Okonjo-Iweala commended Cardoso on the work that he and his team have done on currency and monetary policy stabilisation.

However, she emphasised that Nigeria must sustain broader macroeconomic reforms.

“Nigerians have to feel the dividends of reform in the real economy,” she added.

The forum brought together policymakers, business leaders and development partners to discuss strategies for strengthening Africa’s resilience amid growing global economic uncertainty.

Business

Naira Exchange Rates Thursday, July 30 : Black Market, CBN, Commercial Bank

Sterling Bank publishes both a buy rate and a sell rate for USD, GBP, EUR, and ZAR. The buy rate is what Sterling Bank will pay you when you exchange foreign currency for Naira. The sell rate is what you will pay when buying foreign currency from Sterling Bank at its branches.