NIMASA Fraud: You have case to answer, court tells Calistus Obi

The Federal High Court in Lagos on Tuesday dismissed a no-case submission made by a former…

Judge admits video evidence in Jauro’s trial

The Federal High Court in Lagos on Tuesday admitted in evidence a video clip showing how…

74 bodies of migrants found washed up on Libyan coast

The bodies of 74 migrants were recovered from a beach near the town of Zawiya in…

171 Libya returnees arrive Lagos airport

171 Nigerian returnees from Libya arrived the Murtala Muhammed International Airport, Lagos, on Tuesday and recounted…

ExxonMobil sacks additional 89 workers in Nigeria

U.S. oil major ExxonMobil has laid off additional 89 workers in a gale of retrenchments that…

Nigeria, South Korea trade volume fall by 60%

South Korea says the volume of trade between it and Nigeria has dropped from $4.5bn about…

Non-oil revenue improving, no need for IMF loan – Finance minister

Nigeria sees no need to apply for an International Monetary Fund programme as it is pursuing…

China punishes 14 carriers for not reporting tariffs

China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report…

Maersk to get decision on Hamburg Süd deal by March 27

Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the company’s…

Italian court investigates whether smugglers finance rescue boats

The chief prosecutor of a Sicilian court said on Friday that a task force is looking…

Libyan militants release car carrier 

After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on Tuesday, according…

Baltic index rise on stronger capesize, smaller vessel demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities,…