S. Korean govt to expand support for shipping industry in ship purchasing

The South Korean government will increase support for home-grown shipping companies by easing the eligibility rules…

Suez Canal extends arrangement for VLCCs

The Suez Canal Authority has decided to extend the arrangement for very large crude carriers (VLCCs) coming…

UNCTAD port data project gets new members

Thirteen new ports joined the United Nations Conference on Trade and Development’s (UNCTAD) data project in…

NIMASA shuts SOAN chairman Ogbeifun’s shipyard, two others for not complying with ISPS Code

Pursuant to its mandate as the Designated Authority (DA) for the implementation of the International Ship…

Corruption: Whistleblowers to get 5% of recovered loot

The federal government has announced the policy of rewarding those who expose corruption and other financial…

OPL 245: Adoke dubs EFCC suit a ‘revenge mission’ 

Former Attorney General and Minister of Justice, Mohammed Bello Adoke, has dismissed his forthcoming prosecution by…

Ambode releases Lake rice

Lagos State Governor, Akinwunmi Ambode and his Kebbi State counterpart, Atiku Bagudu on Wednesday released the…

Volkswagen snubs Nigeria, moves into Kenya, Rwanda in Africa expansion

Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing…

Recession: Investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the…

NAFDAC mops up imported fruit juices as Dec. 31 deadline approaches

The National Agency for Food and Drug Administration (NAFDAC) says it has commenced mop up of…

Consultation ongoing on $30bn loan – Presidency

The Presidency on Wednesday said top-level consultation had been initiated between the Executive and Legislative arms…

NEITI: NNPC lost N418.97 billion in 21 months

The group operations of the Nigerian National Petroleum Corporation (NNPC) recorded a cumulative loss of N411.1…