Daewoo Shipbuilding unlocks $2.6bn bailout

South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders…

New search areas assigned for missing crew of Stellar Daisy

The Uruguayan Navy has designated new search areas for the missing crew of the ill-fated ship Stellar…

Seafarers’ wages payment during piracy discussed at ILO meetings

A meeting of the International Labour Organisation (ILO) Working Group of the Special Tripartite Committee (STC)…

Customs distributes 136, 476 bags of rice to IDPs camps

The Nigeria Customs Service (NCS) has distributed 136, 476 bags of rice in the last one…

West Africa Crude: IOC takes WAF grades, Angola programme due

Trading was subdued as the market awaited final Angolan loading plans for June. India’s IOC took…

Re-opening of Abuja airport excites Buhari

Apparently excited by the re-opening of the Nnamdi Azikiwe International Airport for traffic 24 hours ahead…

Nigeria’s central bank cuts red tape for small firms seeking dollars

The Nigerian central bank cut the amount of paperwork small and medium-size businesses must provide to…

Libya fishermen find 28 dead migrants in boat offshore: official

Libyan fishermen found the bodies of 28 illegal migrants who appeared to have died of thirst…

1,000 benefit from Navy’s free eye treatment

More than 1,000 people from community in Rivers benefitted from free eye treatment and some other…

Top quotes of the day

  “A conducive environment is a prerequisite for a successful manufacturing company. An environment that is…

Nigeria out of recession, World Economics declares

After a few quarters of negative growth that saw the death of businesses, the Nigerian economy…

Police shoot dead member of militant gang that killed soldier, policemen in Lagos

The police on Tuesday announced that one of the gunmen, who killed four policemen and an…