Business
Customs New Trade Strategy Boosts Economy
A consultant to the Nigeria Customs Service, Valentina Minta, said last Sunday in Lagos that the New Nigeria Trade Hub portal introduced by the service would boost the country’s economy.
Minta said that the portal would enable Nigeria to attract new Foreign Direct Investments (FDIs) in the maritime industry.
“The Nigeria trade hub which is www.nig-eriatradehub.gov.ng brings together all the information that the traders would need; to news items, legal documents, procedures, the name of the agency, the phone numbers, the contact details and exchange rates,’’ she said.
“This new platform is basically 24/7 online. You don’t have to register for it, it’s available to everyone.
“So the traders can key in at anytime from the smart phone, from the mobile phone, from his office without having to go through hold-up to find people who can tell him what he needs to know.
“It’s there at his fingertips.’’
Minta also said that the portal also provided classification tools, adding that the level of compliance would be higher.
She said that the traders would be given all the information needed for shipping, stressing that the establishment of the new portal showed that government expected business inflow and supported the trading community in attracting new foreign investments.
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.
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