Firm included in crude oil trade denies involvement in subsidy fraud

An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…

First freight train arrives in London from China

It is unlikely to challenge large-scale ocean container shipping in the near future, but the first…

UK detains one foreign flagged vessel in December

Maritime and Coastguard Agency (MCA) has informed that one new vessel was detained in a UK…

U.S. Judge approves sale of Hanjin terminal

Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing…

Iran tankers to resume European deliveries

Iran’s tanker fleet is poised to resume direct deliveries to European ports. The 1mn bl Suezmax…

PHOTO: Osinbajo at Davos

L-R: Media Lead of the World Economic Forum, George Schmitt; Vice President Yemi Osinbajo and Minister…

Fuel tanker falls off Otedola Bridge

A tanker laden with 33,000 litres of petrol yesterday fell off the Otedola Bridge near the…

Petrol price stands at N145, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has enjoined motorists in Abuja and its environs, and indeed…

Top quotes of the day

“… the confusing and discriminatory multiple dollar to naira exchange rates … must be discarded while…

Buhari approves Maritime University take off 

The Special Adviser to the President on Niger Delta, Brig. Gen. Paul Boroh, says President Muhammadu…

Crude oil theft: Shell Petroleum trial to start in March

A Federal High Court sitting in Lagos will on March 20 begin trial in a suit…

N620m Fraud: ‘Ex-PICOMSS boss, Atawodi, never supplied boats to Nigerian Army’

The trial of a former Chairman, Presidential Implementation Committee on Marine Safety and Security (PICOMSS), Air…