IMF says Nigeria still Africa’s biggest economy

Latest estimates by the International Monetary Fund, (IMF) has shown that Nigeria remains the biggest economy…

Ambode sacks Transport Commissioner, two others  

Exactly one year after constituting his Executive Council, the Lagos State Governor Akinwunmi Ambode on Wednesday…

Forex crisis: Emirates, Kenya Airways suspend Abuja operations indefinitely

Emirates Airlines will suspend Abuja-Dubai operations beginning October 30, 2016. The decision is due to foreign…

Navy parades kidnappers of Bayelsa Governor’s sister, 13 others 

Five persons suspected to be part of the kidnapping ring, which abducted the younger sister of…

Ex-NIMASA DG, Ade Dosunmu, backs moves to refloat NNSL

A former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Ade Dosunmu, has commended the…

NDLEA seizes 325,640 Euros, 30,000 dollars at Lagos airport

Officials of the National Drug Law Enforcement Agency (NDLEA) have intercepted €325,640 Euros and another $30,000…

Troops kill 7 militants; recover rice-laden boat, passengers

The joint military task force, on Wednesday, said it killed five suspected militants and two pirates,…

UK regulator approves Baltic Exchange takeover 

Britain’s Financial Conduct Authority (FCA) has approved Singapore Exchange’s 87 million pound ($107 million) takeover of…

Union says UK flag is failing seafarers on ACL ships

New UK-flagged vessels are failing the shipping industry by not employing domestic seafarers, according to the…

Drewry: Container shipping market has bottomed out

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak…

Rebranded Virgin Voyages signs contracts for 3 new ships

Virgin Group’s billionaire founder Sir Richard Branson has unveiled the company’s rebranded cruise line now known…

Shipping industry seeks more progress on cutting emissions

The global shipping industry has called on International Maritime Organization (IMO) Member States to give serious…