Bethel Olujobi

Nigeria

Journalist at BusinessDay Nigeria

🇳🇬🇳🇪 I write about Nigerians and being Nigerian. Journo at @BusinessDayNg. Pit stops @FT & @Arisetv. #GGMU

Featured in: Favicon

businessday.in Favicon

businessday.ng Favicon

medium.com Favicon

thesocialtalks.com Favicon

abokifx.com Favicon

ourcommunitynow.com

Articles

Containers stuck at Lagos ports as Easter clearing drags

3 days ago | businessday.ng | Bethel Olujobi

Containers are stuck at Tin Can and Apapa ports in Lagos due to delays in clearing consignments during the Easter period. The gridlock has thrown importers and exporters in disarray, with many unable to meet delivery timelines. “What should take a few days now takes three or four weeks,” said Victor Iyama, a cocoa exporter, who has been in the export business since 1989. “We’ve been shouting, and now we’re tired,” he told BusinessDay.
After two decades, Nigeria moves to disburse cabotage fund in push for indigenous shipping

1 week ago | businessday.ng | Bethel Olujobi

Adegboyega Oyetola, the minister of marine and blue economy, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the disbursement of the Cabotage Vessel Financing Fund (CVFF). Established under the 2003 Cabotage Act, the fund was designed to support Nigerian shipping companies with access to structured credit for vessel acquisition.
Nigeria approves 90% duty waiver on imports under AfCFTA

1 week ago | businessday.ng | Bethel Olujobi

Nigeria has officially signed and submitted its ECOWAS Tariff Offer to the African Continental Free Trade Area (AfCFTA), establishing zero duties on 90 percent of goods traded within the continent. The milestone, announced during the AfCFTA Council of Ministers meeting in Kinshasa, DRC Congo, reflects Nigeria’s interest in intra-African trade integration.
South Africa invites Nigeria to host G20 event, as Trump threatens boycott

1 week ago | businessday.ng | Bethel Olujobi

South Africa has extended an invitation to Nigeria to host a G20 event in its capital city Abuja, an offer that could signal closer cooperation between the continent’s two economic giants.
Temile signs $250m gas vessel deal in exports push

1 week ago | businessday.ng | Bethel Olujobi

…taps NSML for oversightTemile Development Company Ltd, a midstream Nigerian-owned company primarily facilitating gas transportation and logistics, has signed a $250 million contract with Hyundai Heavy Industries for the construction of a Very Large Gas Carrier (VLGC).
Danish terminal operator renews $500m investment pledge in Nigerian ports amid continued expansion push

1 week ago | businessday.ng | Bethel Olujobi

Global port operator APM Terminals, a major player in Nigeria’s maritime sector, has renewed its commitment to invest $500 million into the country’s ports, marking its third reiteration in a year. The pledge, first disclosed in February 2024, was reiterated during a company visit to the Ministry of Marine and Blue Economy this week.
Diageo's world class returns to spotlight Nigeria’s finest bartenders

2 weeks ago | businessday.ng | Bethel Olujobi

World Class, one of the world’s most prestigious bartending competitions organised by Diageo, has returned to Nigeria. First launched in 2009, the competition has trained over 40,000 bartenders in more than 60 countries, offering education, mentorship, and cultural exchange. This year marks the 6th Nigerian edition, and for those in the industry, it will be more than winning a trophy but showcasing how far Nigeria’s cocktail culture and the creatives behind the bar have come.
Trump halts tariffs for 90 days

2 weeks ago | businessday.ng | Bethel Olujobi

U.S. President Donald Trump has announced a 90-day pause on his sweeping tariffs targeting dozens of countries only days after they took effect. But the truce doesn’t extend to China. Instead, Trump raised duties on Chinese imports to 125 percent, effective immediately, citing Beijing’s “lack of respect” for global markets.
Dantsoho woos exporters, investors with NPA's simplified trade platforms

2 weeks ago | businessday.ng | Bethel Olujobi

The Nigerian Ports Authority (NPA) has called on exporters and investors to take advantage of its newly introduced trade systems, designed to remove longstanding roadblocks that discourage exports. Abubakar Dantsoho, the manging director of the NPA, at the 36th Enugu international trade fair, said the agency had developed simplified export platforms, including dedicated Export Processing Terminals (EPTs), to ease the movement of Nigerian goods from the hinterland to global markets.
Trump's tariffs seen reigniting AfCFTA

2 weeks ago | businessday.ng | Bethel Olujobi

U.S. President Donald Trump’s tariff blitz may do what years of diplomacy haven’t; push African nations to double down on their stalled free trade pact. On April 2, Donald Trump’s retaliatory tariffs sent shockwaves throughout the global economy. The U.S. president had, on what he called “Liberation Day,” imposed sweeping retaliatory tariffs on trading partners, igniting a global trade war. Among the hardest-hit were African nations.