Cosco Ports container volumes up 7% in January

Cosco Shipping Ports started the year on a good note with overall throughput rising 7% in…

Oversupply to exert more pressure on LPG shipping rates

The LPG shipping trade will continue to grow at a healthy pace on the back of…

Inspectors detain Royal Caribbean ship in Florida

A Royal Caribbean cruise ship remained in a Florida port on Tuesday morning after U.S. Coast…

U.S. agency extends Jones Act public hearing

The U.S. Customs and Border Protection has extended the public comment period for its notice of…

Court orders permanent forfeiture N34bn Diezani money

A federal judge in Lagos ordered the forfeiture of a total of N34b linked to former…

N600m fraud: Ex-Naval Chief Jibrin’s trial adjourned to March 27

The trial of former Chief of Naval Staff, Vice Admiral Usman Jibrin before an Abuja High…

Top quotes of the day

“We did not promise you that those (economic) challenges will be solved in one year.” Rotimi Amaechi, Minister…

President Buhari is healthy, no cause for alarm, says Bukola Saraki

Senate President Bukola Saraki and the Speaker of the House of Representatives, Hon. Yakubu Dogara, met…

Nigeria’s inflation soars, hits 18.72% in January 

The National Bureau of Statistics (NBS) says the Consumer Price Index, which measures inflation, increased by…

Dangote: Rice importation costs Nigeria $2bn annually

The President of Dangote Group of Companies, Alhaji Aliko Dangote, says Nigerians consume over 6.5 million…

Crude oil production rises to two million barrels per day 

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Wednesday that crude oil…

Reps threaten to arrest oil company chiefs

The House of Representatives has threaten to issue warrant of arrest against the chief executives of…