Seaport traffic declines by 20.6% on forex illiquidity

Seaport traffic declines by 20.6% on forex illiquidity
19 February 2017, Lagos – Following the inability of importers and exporters to get the needed foreign exchange (forex) to transact their businesses, coupled with insecurity in Nigeria’s coastal waters, activities at the nation’s seaports have dropped significantly. According to the ship traffic statistics drawn from the Nigerian Ports Authority (NPA), 4,025 vessels berthed at the […] More »
Seaport traffic declines by 20.6% on forex illiquidity Seaport traffic declines by 20.6% on forex illiquidity Reviewed by Crude Oil Facilitators on 19:21 Rating: 5

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