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19,833 Vessels Berthed at Nigerian Ports from 2013 to 2016—NBS



19,833 Vessels Berthed at Nigerian Ports from 2013 to 2016—NBS

19,833 Vessels Berthed at Nigerian Ports from 2013 to 2016—NBS

By Modupe Gbadeyanka

A report released on Wednesday, February 8, 2017 by the National Bureau of Statistics (NBS) has revealed that a total of 19,833 vessels berthed at the various ports in the country between 2013 and 2016.

In the report titled ‘Shipping & Port Activities 2013-2016’ and obtained by Business Post, it was also disclosed that the ship traffic statistics at Nigerian ports showed 543,842,425 tonnages were registered within the period under review.

It was stated that the year 2014 recorded the highest number of vessels berthed as well as tonnages registered while the least were recorded in 2016.

Tin Can Island Port handled the most ships accounting for 33 percent of total number of ships that berthed in all ports and 32 percent of total tonnage registered in all ports.

It is closely followed by Apapa port which accounted for 28 percent of ships that berthed and 25 percent of total tonnage registered and Onne port which accounted for 15 percent of ships that berthed and 30 percent of total tonnage registered.

Also, cargo traffic statistics revealed a total of 312,185,808 cargo traffic was recorded at all Nigerian ports between 2013 and 2016.

Furthermore, 196,851,236 or 63 percent of the cargo traffic were inwards while 115, 334572 or 37 percent were outward.

It was also indicated in the report that Apapa port handled the most number of inward cargoes accounting for 39 percent of total inward cargoes and closely followed by Tin Can Island and Delta ports accounting for 31 percent and 11 percent respectively.

Similarly, Calabar port accounted for 4.29 percent to record the least and Onne ports handled the most number of outward cargoes accounting for 80 percent of total outward cargoes and closely followed by Delta and Apapa ports accounting for 10.63 percent and 3.52 percent respectively. Calabar port accounted for 0.05 percent to record the least.

The number of passenger traffic within the period under was put at 52,262 while the highest number of passenger traffic was recorded in 2013.

Business Post learnt that the number of vessels that berthed at the Apapa Port has been dropping gradually from 1,510 in 2013 to 1,097 in 2016 while the Gross Registered Tonnage at the Port Peaked at 37,041,879 in 2014 and dropped to 31,032,377 in 2016.

also, the number of vessels that berthed at the Tin Can Island Port increased from 1,615 in 2013 to 1,774 in 2015 and later dropped in 2016 to 1,414 while the Gross Registered Tonnage at the Port Peaked at 48,435,584 in 2015 and dropped to 40,674,982 in 2016.

In the report also, the number of vessels that berthed at the Delta Port dropped from 609 in 2013 to 433 in 2016 while the Gross Registered Tonnage at the Port also dropped from 8,687,160 in 2013 to 6,177,809 in 2016.

For the Rivers Port, the number of vessels that berthed dropped from 439 in 2013 to 287 in 2016 while the Gross Registered Tonnage at the Port also dropped from 6,761,057 in 2014 to 4,560,844 in 2016.

A look at the Onne port revealed that the number of vessels that berthed declined from 847 in 2014 to 605 in 2016 while the Gross Registered Tonnage at the Port also dropped from 43,916,846 in 2014 to 35,937,547 in 2016 and that of Calabar port recorded a fall from 373 in 2013 to 189 in 2016 while the Gross Registered Tonnage which peaked at 4,087,599 in 2015 dropped to 3,803,199 in 2016.

In summary, the number of vessels that berthed at all the Ports dropped from 5,369 in 2013 to 4,025 in 2016 while the Gross Registered Tonnage dropped from 146,820,488 in 2014 to 122,186,758 in 2016.

Business Post gathered that the total number of passenger traffic at the ports peaked at 12,418 in 2013 and dropped to 2,473 in 2015 and later increased to 12,861 in 2016.


Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.


Quickteller Paypoint Rewards Over 1,000 Agents



Quickteller Paypoint agents

By Modupe Gbadeyanka

Over 1,000 agents of Quickteller Paypoint have been rewarded with exciting prizes from the company’s ongoing Double Up Promo.

Five of the winners, Bamidele Aminat, Ishaya Galion, Ayinla Habeeb of Achiever’s world, Edozie Joy, and Ilonwa Peter of Oxford Logistics, visited the Quickteller Paypoint premises to receive their prizes and celebrate their win.

The campaign was introduced by the financial inclusion services vehicle of Interswitch as part of its effort to reward agents’ loyalty.

The promo, which began in September, has seen participation from over 2,000 individuals/businesses within the Quickteller Paypoint agency network.

After a series of raffle draws monitored closely by relevant regulatory bodies like the Federal Competition and Consumer Protection Commission (FCCPC), the Lagos State Lottery Board (LSLB), and the National Lottery Regulatory Commission (NCLRC), more winners emerged from another raffle draw concluded recently.

Speaking on the Double Up Promo, the Marketing Manager of Quickteller Paypoint, Bunmilofe Akingbola, stated that the prize presentation ceremony was done to reward the effort and dedication of its agents across the country towards driving the goal of the consumer digital payments platform.

“Our major focus at Quickteller Paypoint is to deepen financial inclusion by bringing financial services closer to Nigerians, especially those who are in financially excluded regions, and we are really excited about the capable partners we have found in our agents across the country.

“Today, we are rewarding these reliable agents through our Double Up Promo, thereby enhancing their lives. While we impact the lives of these agents, we are also enthusiastic about being able to reach more financially excluded Nigerians and touch more lives through avenues like this.”

Winners who emerged from the draws showed excitement and gratitude to Quickteller Paypoint for recognising their role in driving the growth of financial inclusion across the country and rewarding them for playing such a noble role.

They also opined about the financial freedom they have enjoyed since becoming Quickteller Paypoint agents, explaining that it is very lucrative and the Quickteller Paypoint team is very supportive.

At the heart of Quickteller Paypoint is the urge to deploy technological solutions to help drive the growth of financial inclusion in Nigeria and Africa at large. Through this promo, the company reaffirms its vision to onboard more potential agents who can also create income for themselves while making Nigeria a more financially included economy.

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Uncover Skincare Raises $1m to Expand into Nigeria



Uncover Skincare

By Adedapo Adesanya

Kenya-based Uncover Skincare, which is seeking to revolutionise the beauty and personal care sector through data-led manufacturing, has raised a $1 million seed fund to expand into the Nigerian market.

The funding round saw the participation of FirstCheck Africa, Samata Capital, Future Africa, IgniteXL, in addition to angel investors, ex-SokoWatch COO, Kwenhui Tawah, and ex-L’Oreal executive and current WPP Scangroup CEO, Patricia Ithau. The new funding brings the total amount raised by Uncover, since its launch in 2020, to $1.225 million.

The company recently introduced a new range of skin products in the market, with plans to launch more next year. Its products are sold through its online platform, on marketplaces, and in the stores of partner brands.

Uncover was launched after incubation at Antler. It uses African botanicals and outsources its manufacturing to Korean original design manufacturers, who they say ensure its products are healthy, safe, affordable, and effective.

Speaking with Tech Crunch, the co-founder and chief executive officer of the company, Sneha Mehta, said, “We are using the funding to launch more products, go into additional markets, and also double down on our tech and data to effectively produce, reach and market to our audience.

“Our production happens in Korea (one of the world’s biggest beauty markets), where we are leveraging the best technology, labs, and scientists in the world who understand stability testing, safe ingredients, and formulations. We are able to deliver because women in our community have graciously provided information and tried our products to help us formulate specifically for this market,” said Mehta.

The startup also offers virtual consultations through an in-house esthetician, and produces skin-tertainment content to reach more users, and recently introduced a skin quiz for personalized recommendations.

The CEO said since launching, the startup’s revenue has grown 20-fold, buoyed by the growing demand for its products and the community it continues to build.

“We have had incredible traction since, and our community has grown from zero to about 60,000 women in Kenya in two years… we have built brand awareness, loyalty, and our values of education and, knowledge and empowerment have been established at the market,” she said.

Uncover hopes to continue building and strengthening this community, starting with Kenya and Nigeria, which are the next major beauty and personal-brand markets in the continent after South Africa.

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Interswitch Showcases Innovative Products to Sierra Leone




By Modupe Gbadeyanka

Stakeholders in the financial ecosystem in Sierra Leone have been introduced to a variety of innovative products and solutions from Interswitch, Africa’s leading integrated payments and digital commerce company.

These products are targeted at commercial banks, microfinance banks, fintechs, other financial institutions, and the general public.

The initiative is part of the company’s determination to further deepen its expansion beyond the shores of Nigeria.

Interswitch executed this task by organising its first breakfast session in the West African nation tagged Accelerating Growth and Profitability – Leveraging Technology to Win.

The event provided key insights and explored robust opportunities for businesses in Sierra Leone to continue to evolve.

Speaking at the session, the Group Head of Sales, Payment Processing and Switching at Interswitch Purepay, Mr Olubunmi Aina, stated that businesses in Sierra Leone are set to enjoy seamless operations, especially as pertaining to payments.

“At Interswitch, our core objective is to deliver an Africa where payments are a seamless and invisible part of everyday life, and we have carried this vision with us for the past 20 years.

“Interswitch is committed to the advancement and penetration of digital payments in Africa as a whole. We continue to create innovative solutions that enable individuals and communities to prosper across the continent.

“Today, we are in the Sierra Leone market to provide customers and businesses with secure and convenient digital payments products and to enhance customer experience,” he said.

At the event, participants were onboarded onto the company’s products, including Postilion Retail Payment, Interswitch Banking-as-a-Service, Interswitch Payment-as-a-Service, agency banking and card fusion.

The company stated that these products and solutions would allow customers such as financial institutions, banks, fintechs and microfinance banks to offer topnotch digital payment solutions to their customers. Also, with these products, businesses will enjoy enhancement opportunities and better customer experiences. Likewise, financial institutions will be able to rapidly integrate with newer payment channels with intuitive technologies.

“It is no longer news that the deepened penetration of digital payments is helping to boost Africa’s economy. We are not resting on our oars but will continue to innovate solutions to further elevate Africa’s payments landscape as a whole,” Mr Aina stated.

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