How CBN foreign exchange policy crippled manufacturing firms in 2016

Nigeria’s manufacturing sector performed dismally in 2016 as manufacturers faced several challenges which affected them negatively.…

Senators reject closure of Abuja airport, summon Amaechi, Fashola 

The senate has expressed reservations about the decision of the federal government to close the Nnamdi…

Saraki says 2017 budget to be passed this week 

The Senate resumed plenary Tuesday from its three weeks recess after the Christmas and New year…

Nigeria imports processed tomatoes worth N15bn yearly

Nigeria is losing over N15bn annually to importation of processed tomato. The Deputy Director, Procurement at…

Kidnappings at sea hit 10-year high in 2016 

Kidnappings at sea hit a 10-year high in 2016 despite piracy attacks as a whole falling…

Armed pirates attack fishing boat in Southern Philippines, killing eight

Armed men killed eight fishermen in what appeared to be an attack by pirates in dangerous…

Maersk Oil to lay off 160 in Denmark

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of…

SIFAX boss donates Vicarage to Church

The Group Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi has extended his philanthropic gestures to…

Navy gets new spokesman

Navy Captain Suleman Dahun on Tuesday took over as the new acting Director of Information (DINFO),…

NSCDC impounds 3 trucks of fake petroleum products

The Nigerian Security and Civil Defence Corps (NSCDC), Anambra Command, said on Tuesday that it had…

Communities commend Obaseki on plan for Gelegele seaport

The communities around the Gelegele seaport, in Ovia North East Local Government Area of Edo, have…

Liberian Registry strengthens Asia team to meet growing demand

The Liberian Registry has announced strategic new appointments in a number of key areas within the…