Category: News

Eugene Nweke and Prince Olayiwola Shittu

National President, National Association of Government Approved Freight Forwarders (NAGAFF), Chief Eugene Nweke (third left) and National President, Association of...

Turkish general cargo vessel shelled off Libya, one dead

Forces loyal to Libya’s internationally recognised government said yesterday they shelled a Turkish ship off the Libyan coast after it was warned not to approach,...

Cambodian port sees 10.6 pct rise in container volume in 4 months

Container throughput at Phnom Penh Autonomous Port, Cambodia’s 2nd largest container hub, expanded 10.6 percent in the first four months of 2015, according to the...

Surprise rise in floating storage boosts tanker market

There has been a surprise in floating storage despite the rising oil price, which is helping bolster the tanker market according to Poten & Partners. In its weekly...

Piracy contained in Somalia but remains a major threat in Nigeria, says Dryad

Despite optimum conditions for piracy in Somalia, the presence of international naval patrols and armed guards on merchant ships is containing the threat but pirates...

Jonathan says Nigeria owes Chief Shonekan huge debt of gratitude

President Goodluck Jonathan on Friday felicitated with a former Head of the Interim National Government, Chief Ernest Shonekan on his 79th birthday. In a statement by...

CBN

‘External reserves can’t pay for more than 3 months of imports’

The nation’s foreign exchange reserves fell one per cent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier, the Central Bank of...

Abdullahi-Dikko-Inde

Dikko’s future at Customs House

Despite the gains recorded by the Nigeria Customs Service (NCS) under Abdulahi Inde Dikko as the Comptroller General since his appointment in 2009, there are clear...

Costa Concordia to embark on its final journey

The first phase of the Costa Concordia dismantling and recycling project has been completed nine months after the wreck arrived in Genoa Italy. Over 5,700 tons of...

Jonathan urges Buhari’s administration to boost railway system

President Goodluck Jonathan on Thursday urged the incoming Buhari administration to continue to boost the railway system as the cheapest and most effective mode of mass...

Area Controller, Seme command of the Nigeria Customs Service, Comptroller Victor Dimka

Customs impounds N250m fake drugs

The Federal Operations Unit (FOU) Zone ‘C’, Owerri of the Nigeria Customs Service, (NCS) has impounded 1,777 cartons of fake and sub-standard drugs (Super...

Six workers injured in Greek refinery fire

Six workers were injured Friday when a fire broke out at an oil refinery near the Greek capital city of Athens, the country’s largest refiner said. The fire had...