Petrol, kerosene import rises by 12% – NNPC

Petroleum product imports from offshore processing arrangements (OPA) by the Nigerian National Petroleum Corporation (NNPC) rose…

Importers of sub-standard products to be jailed – SON

The Director-General of the Standards Organisation of Nigeria (SON), Dr Joseph Odumodu, has disclosed that importers…

NEPC to raise non-oil exports to N691bn

The Nigeria Export Promotion Council (NEPC) is planning to increase the country’s earnings from non-oil exports…

Use arms training to enhance career, FOC charges navy personnel

Flag Officer Commanding (FOC), Central Naval Command, Yenagoa, Rear Adm. Apochi Suleiman, has urged officers and…

Police, seven others arrested over oil theft

The Nigerian Security and Civil Defence Corps (NSCDC) on Friday said it had arrested a police…

The meaning behind China’s ‘white list’ shipyards

By Lee Hong Liang from Singapore Following the unveiling by Beijing of the names of 60…

Manufacturers, importers, publishers groan as forex restriction takes toll on economy

Exchange (forex) policy introduced by the Central Bank of Nigeria (CBN) was making the business climate…

Amaechi, Fashola and the allegory of the cave

By Bolaji Akinola The agonizing fuel situation, vexatious Apapa gridlock, distressing slide in the value of…

The death of Nigeria’s textile industry

Nigerians love naturally dyed fabrics especially those with patterns and designs with many prints based on…

U.S. detains Liberian vessel for environmental violations

A Liberian-flagged freighter is being held in Duluth, Minnesota amid an ongoing investigation into alleged violations…

No slowdown for the cruise industry

The cruise industry shows no signs of slowing down, with nearly 24 million passengers expected to…

Greece sees sharp decline in foreign currency inflows from shipping

The impact of Greek shipping on a nation’s economy can be seen from data just produced…