Top quotes of the day

“Why should a person loot what he cannot spend in 10 lifetimes, thereby exposing the rest…

Nigeria recorded N290bn trade deficit in 2016 – NBS

Nigeria recorded a trade balance of -N290.13 billion out of the total trade value of N17.34…

Africa’s ports revolution: Railway ports of the east

The population of Africa is presently 1.2 billion and growing at a rate of 2.5% a…

Is Beijing outflanking United States in South China Sea?

By Peter Apps For much of the last week, the U.S. aircraft carrier Carl Vinson has…

Paying NPA in dollars a big challenge to port operators – Ubogu

Michael Ubogu is the Managing Director, Micura Services Limited. Last month, the company which majors in…

How slowing shipping industry could spark banking crash In Germany

In geopolitics, events rarely occur in isolation. Several stories about German exports, banks, and the shipping…

On Customs’ N1.1 trillion target

Bolstered by its revenue record of N898bn in 2016 despite the recession, the Nigeria Customs Service…

Niger Delta pirates release Russian, Ukrainian sailors after collecting ransom 

Nigerian pirates have released seven Russian and one Ukrainian sailor after they were captured last month…

Navy intercepts 80 bags of smuggled rice

The Nigerian Navy said it has intercepted a boat carrying 80 bags of rice allegedly smuggled…

Airport diversion: IGP assures air passengers of maximum security

The Inspector General of Police,(IGP) Ibrahim Idris on Sunday assured air transport passengers being diverted to…

CBN orders banks to process retail forex demand within 24 hours

The Central Bank of Nigeria (CBN) yesterday ordered banks to process foreign exchange demand for Personal…

Market raid: Stakeholders demand review of Customs law 

The invasion of rice shops at Kayero Market, Sango Ota, Ogun State by operatives of the…