Business
NACCIMA Hails FG’s Plan To Reopen Land Borders

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has applauded plans by the Federal Government to reopen the nation’s land borders soon.
The Director General of NACCIMA, Amb. Ayo Olukanni, explained that the planned reopening of borders would aid trade under the African Continental Free Trade Agreement.
It would be recalled that the nation’s borders were shut by the Federal Government on August 20, 2019, in a move to curb smuggling and boost local production of goods.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had told State House Correspondents after the Federal Executive Council meeting on Wednesday that the borders would soon be reopened.
She said, “Mr President has set up a committee that I chair, alongside the Minister of Foreign Affairs and other ministers including interior and agencies such customs, immigration and other security services to review and advise him on the issue of border closure.
“The committee has just completed its work and we will be submitting our report. I have signed my copy; I gave everybody to sign between Wednesday and tomorrow, Thursday so that we submit the report to Mr President”.
She said that the President would make a formal pronouncement after receiving the reports.
Reacting, the NACCIMA boss, in a statement said, “The decision to reopen the land borders is really good news and in line with what NACCIMA has been advocating. As a major economic player in our sub-region, this will also help our image and decision to use trade across our borders, a tool to increase our foreign exchange and Gross Domestic Product.
“At a time of the search for strategic options to work our way out of recession, this is also good news. Also in the context of our ratification of the AfCFTA, this is a step in the right direction and an indication of our readiness to effectively trade under the agreement.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford