NNPC to increase oil, gas reserves

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has…

Nigeria, Morocco set to deepen bilateral trade

Nigeria and Kingdom of Morocco are set to improve bilateral trade relations to boost intra-Africa trade…

Bimco welcomes extension of EU anti-piracy operation off Somalia  

Shipping association Bimco has welcomed this week’s decision by the EU Council to extend the mandate…

Container terminal operators facing ‘perfect storm’: Drewry

Cash-strapped containers line pushing for lower terminal handling charges are putting future port investment at risk…

Illegal oil depot uncovered in Lagos, Police arrests 8 suspects

The Lagos State Police Command on Thursday uncovered an illegal oil depot located underneath the Oregun-Opebi…

FG audits 33 agencies, may recover N450bn operating surpluses

The Federal Government is set to recover about N450bn operating surpluses that were not returned by…

EFCC seeks Navy’s support in fight against corruption

  The Economic and Financial Crimes Commission (EFCC) has sought the support of the Nigerian Navy…

Maersk Line seals Hamburg Süd deal

World’s largest container carrier, Maersk Line A/S, and the Oetker Group have reached an agreement for Maersk…

Top quotes of the day

  “While there is a drop in the number of vessels calling our ports, there seem…

PHOTO: Shipowners host NPA MD, Hadiza Bala Usman 

The Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman, was hosted to a colourful…

Nigeria exempted from OPEC production cut

Nigeria has been exempted from the latest production cut by the Organisation of the Petroleum Exporting…

Recession: Dockworkers forego salary increase 

In an apparent show of solidarity with terminal operators who are battling to stay afloat as…