$1bn spent on kerosene subsidy in 2015 – Osinbajo

Nigeria spent the sum of $1bn as subsidy on kerosene last year, Vice-President Yemi Osinbajo said…

Senate probes Customs, FIRS, NPA, others over alleged misuse of funds

The Senate yesterday resolved to investigate alleged misuse, under-remittance and other fraudulent practices in the collection…

Pirates hijack merchant vessel off Cotonou 

A merchant vessel is believed to have been hijacked by pirates some 72 nautical miles off…

Senators ask FG to quit ECOWAS free trade scheme, CET 

The Senate has urged the Federal Government to quit its participation in the Economic Community Of…

Kachuckwu’s insincerity responsible for renewed attacks on oil pipelines — Ex-militants

Concerned former militant leaders and youth leaders from the Nine states of the Niger Delta region…

Buhari: Bad leadership, not engineers responsible for bad refineries 

President Muhammadu Buhari on Tuesday in Abuja said it will be wrong to fault Nigerian engineers for the failure…

Africa needs $110bn to import food by 2025 – IITA boss

Except Africa takes agriculture seriously, the continent may need about $110bn to import food by 2025, up from the…

Senate summons Aviation Minister over MMA2 concession

The chairman Senate Committee on Privatization, Senator Ben Murray Bruce has described the Build, Operate and…

Nigeria’ll begin to export rice in 2017 – CBN

Before the end of 2017, Nigeria will begin to export rice to other countries, the Central…

European dockworkers to stage protest in Denmark 

Hundreds of dockworkers from the International Transport Workers’ Federation (ITF) and the European Transport Workers’ Federation…

Britain should speed up military shipbuilding to create jobs  

Britain needs to speed up shipbuilding for the Royal Navy and spread work more widely across…

Drewry: Oversupply persists in Asia-Mediterranean trade

The withdrawal of Hanjin Shipping’s tonnage has not been enough to rectify the Asia-Mediterranean trade’s supply-demand…