Cosco Shipping Leasing secures in $290m loans from Chinese banks

Cosco Shipping Leasing, wholly-owned by Cosco Shipping Development, has secured loans worth RMB2bn ($289.7m) from China…

Piraeus port one of few successes in Greek privatiation programme 

Privatisations have been a key plank of Greek international bailouts since 2010, but have reaped only…

Trump’s new executive order pose challenges to seafarers 

Crew members who are nationals from Iran, Libya, Somalia, Sudan, Syria and Yemen shall be denied entry…

U.S. Ship changes course towards Iranian vessels

A U.S. Navy ship changed course towards Iranian Revolutionary Guard vessels in the Strait of Hormuz…

Top quotes of the day

“I lost four cars because I could not clear them before the deadline given by government.”…

Import duty: Senate stops Customs from seizing vehicles 

Nigeria’s upper legislative chamber, the Senate has asked the Nigeria Customs Service (NCS) to suspend its…

Lagos- Ibadan rail project to be completed in 2018 – Osinbajo

Acting President Yemi Osinbajo has flagged off the N458 billion Lagos – Ibadan modern railway project,…

One dead, two injured as Customs, smugglers clash in Kwara

At least one persn was feared dead while two others were said to have sustained varying…

Minister overrules Dabiri-Erewa over U.S. travel warning

Geoffrey Onyeama, foreign affairs minister, has advised Nigerians willing to visit the US to do so…

Nigeria’s external trade rises by 6.5%, hits N17.3bn 

The National Bureau of Statistics (NBS) said the value of the total trade at the end…

Nigeria’s economic recovery plan ready

The federal government has finally released its economic recovery and growth plan (ERGP), which has been…

Court jails four oil thieves 120 years 

Justice Agatha A. Okeke of the Federal High Court sitting in Lafia, Nasarawa State on Monday…