Navy seizes N420bn stolen crude oil, arrests 33 ships

The Nigerian Navy said on Wednesday that it seized 810,725 metric tonnes of stolen crude in…

Nigeria’s capital inflows drop by 46.8% in 2016

The value of capital imported into Nigeria in 2016 fell by 46.86 per cent when compared…

FG to raise VAT on luxury items

The federal government plans to raise the value-added tax (VAT) on luxury times — subject to…

Osinbajo appoints Adeosun, Amaechi into committee to force down food prices

Nigeria’s Acting President Yemi Osinbajo has set up a task force to work out a way…

As US awaits extradition of Kashamu, Kenya ships 4 heroin kingpins to USA

Amidst controversy over the extradition moves against US-wanted Nigerian Senator, Buruji Kashamu by Nigeria’s National Drug…

NNPC, Sahara gas vessels leave South Korea

The  liquefied petroleum gas (LPG) vessels, MT Africa Gas and MT Sahara Gas,   jointly acquired by…

N20bn for aviation in 2017 budget too low– Sirika

The N20 billion proposed for the aviation sector out of the N262 billion Ministry of Transportation…

We must be involved in Niger Delta development – Ex-militants

Former militants in Niger Delta have called on the Federal Government and the Niger Delta Development…

How Trump’s immigration order will impact ships 

With the business world scrambling to understand the impact of US President Trump’s Executive Order on…

Phillipines asks China for help against piracy

  Philippine President Rodrigo Duterte has come out to openly suggest that China send assets help…

U.S. Navy ship runs aground off Japan

The U.S. Navy’s guided missile cruiser USS Antietam ran aground off the coast of Yokosuka, Japan on Tuesday,…

U.S. Senate confirms Chao to head transportation department

In a 93 to 6 vote, the U.S. Senate on Tuesday confirmed Elaine Chao as head…

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