Konecranes completes Terex MPHS acquisition

Finnish manufacturer of cranes Konecranes Plc has completed the acquisition of Terex Corporation’s Material Handling &…

Nigeria posts biggest decline as OPEC output falls

Nigeria recorded the biggest oil production decline among Organisation of Petroleum Exporting Countries (OPEC) members last…

Top quotes of the day

  “This will be the fifth consecutive year of trade growth below 3%.” Roberto Azevêdo, Director-General,…

FG denies increasing tariff on imported anti-malaria drugs

The minister of health, Professor Isaac Adewole says there is no tariff hike on the importation of anti-malaria…

Buhari approves weapons for aviation security personnel 

The Federal Government has approved that the Aviation Security personnel should bear arms to enhance the…

Nigeria’s new national carrier to begin operations in 2017

The Minister of Aviation, Hadi Sarika says Nigeria will have a very strong, viable national airline…

Abuja Airport to close for six weeks from March 8 

The Nnamdi Azikiwe International airport Abuja will be officially closed for six weeks from 8th March…

Maersk Line teams up with Alibaba on e-commerce solution

Danish shipping major Maersk Line has partnered Chinese e-commerce company Alibaba to allow users to book…

Pirates attack cargo ship in Philippines

Six armed persons in a speed boat chased and fired upon a general cargo vessel while it…

NNPC names Oando, 38 others off-takers of Nigerian Crude

The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39 bidders for the sale…

Nigerians throng immigration office for international passports

Many Nigerians seeking to escape from the economic hardship in the country, are trooping to the…

MSC containership obstructs traffic in Suez Canal

The 165,960 dwt containership MSC Clorinda is hindering traffic in the Suez Canal as the vessel stopped…