CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in…
Author: Ships & Ports
11 ships discharging petroleum products in Lagos
Eleven ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…
1.2m metric tonnes of poultry products smuggled into Nigeria annually
The Poultry Association of Nigeria (PAN) has given 1.2million metric tons as the estimated volume of…
Tanker explosion kills 73
At least 73 people were killed and 110 others injured Thursday when a truck carrying petrol…
Navy hands over suspected militants’ paramedic to DSS
The Nigerian Navy has arrested one Augustine Effiong, a suspect who specialises in providing medical services…
Manufacturers lost N500bn to flexible foreign exchange policy — MAN
The Manufacturers Association of Nigeria (MAN) on Thursday said Central Bank of Nigeria’s flexible exchange rate…
CBN lifts manufacturing, power with $660m forex disbursements
The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other…
Nigeria cancels joint venture cash calls with oil companies, targets $15 billion investments
The Nigerian government has finally announced the cancellation of joint cash call with oil companies operating…
China Exim Bank to spend $1bn on Nigeria’s economic zones
The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said that the Export-Import Bank of China…
240 migrants perish in Mediterranean Sea off Libya coast
More than 240 people have died in boats in the Mediterranean Sea this week, according to…
FG to settle N300bn outstanding export claims 2017
The Federal Government on Thursday revealed that it would resume the implementation of the Export Expansion…
Argentina raises crude imports from Nigeria
Two tankers carrying three million barrels of Nigerian and Angolan crudes set sail this month to…