China’s shipyards saw newbuilding orders rise 18.7% year-on-year in the first eight months of this year…
Author: Ships & Ports
Blackouts, violence, now recession: Nigeria’s troubles mount (1)
(Bloomberg) — On a site four times the size of Manhattan along the banks of the…
NCAA directs airlines to effect prohibition of Samsung Galaxy Note 7 onboard aircraft
The Nigerian Civil Aviaton Authority (NCAA) has directed airlines to ensure strict prohibition of Samsung Galaxy…
Investment cuts threatening oil supply – OPEC
Secretary-General of the Organisation for Petroleum Exporting Countries (OPEC), Mohammed Barkindo, Tuesday warned that sharp cutbacks…
Firm drags Navy before rights commission
A firm known as Lexy Nigeria Ltd has dragged the Nigerian Navy before the National Human…
Custom seizes rice worth N598bn in eight months
The Nigeria Customs Service (NCS) said it seized rice worth N597.7 billion brought into the country…
Militants group mocks Nigerian military, claims responsibility for fresh pipeline attack
A militant group known as the Niger Delta Greenland Justice Mandate (NDGJM) has blown up a…
Osinbajo blames recession on Niger Delta militancy
Vice President Yemi Osinbajo on Monday blamed the current economic recession in the country on the…
Dangote says oil discovery in Lagos is a good omen
The recent discovery of oil in Lagos in commercial quantity has been described as a good…
Australia awards Port of Melbourne’s 50-year lease
The commercial operation of Australia’s Port of Melbourne has been leased for more than AUD 9.7 billion (USD 7.3…
S&P cuts Nigeria ratings as low oil output plagues economy
Standard & Poor’s Global Ratings has further downgraded Nigeria’s sovereign credit rating to ‘B’, five levels…