CBN slashes interest rate to 13.5 percent — first time in three years 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first…

Judge’s absence stalls $406.7m illegal oil shipment suit against Shell

The absence of Justice Mojisola Olatoregun of a Federal High Court in Lagos on Tuesday stalled…

Rwandan President Paul Kagame says Nigeria ‘sorting things out’ on AfCFTA

The President of Rwanda, Paul Kagame on Monday said “Nigeria is sorting things out” to get…

Will Aishah Ahmad become the first female CBN Governor?

As the first 5-year tenure of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele comes…

Sea time training: NIMASA signs MoU with Indian maritime academy

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to a partnership with…

Prince Shittu, LCM sponsor 2019 Ships & Ports Table Tennis Championship 

The immediate past National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola…

Maersk, Shell, Heineken team up on ultra-large containership biofuels pilot 

Six Dutch multi-nationals, including Shell and Heineken, have teamed-up with A.P. Moller–Maersk for the largest ever…

Shippers’ Council seek formation of national shippers’ association

The Nigerian Shippers’ Council, as part of its effort at revitalizing shippers’ associations in the country,…

71 – mostly women and children – die in Iraq ferry disaster

A ferry overloaded with people celebrating the Kurdish new year and Mother’s Day capsized in the…

Ship sinks in Iran’s Shahid Rajaei Port

A general cargo ship laden with 153 containers has capsized while berthed in Shahid Rajaei Port,…

2 seafarers die in South Korea tanker fire

A fire aboard a 494-ton oil tanker off the southern coast of South Korea on Wednesday…

China to reduce harbour dues, other port charges from April 1 

China’s Ministry of Transport and National Development and Reform Commission has revised port charging plans and…