Banks go after Nigerian ship owners to recover non-performing loans

By Foster Obi Peeved by the recalcitrant nature of some Nigerian ship owners that sourced loans…

NSC seeks removal of physical trade barrier in African sub-region

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Hassan Bello has called for the removal…

Nigeria’s Forcados oil exports to restart, October list published 

Exports of Nigeria’s Forcados crude stream oil are set to resume at the end of September…

‘Customs linking seized cargoes with faces’

The days of the Nigeria Customs Service making seizures of smuggled or prohibited goods without arresting…

Importers patronize port of neighbouring countries to evade correct duty payment- Customs

Deliberate attempts to evade correct duty payment has been identified as one of the major reasons…

Customs seize N20m worth of fake malaria drugs in Ogun

The Ogun Area command of the Nigeria Customs Service said it has confiscated substandard anti-malaria drugs…

Hong Kong Customs seize 20 million cigarettes in biggest operation since 2007

Hong Kong customs officers believe they have dealt a heavy blow to an international smuggling syndicate…

Ghana could be Africa’s number four oil producer by 2020 -report 

Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new…

Morten Engelstoft appointed CEO of APM Terminals 

Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services has been appointed APM Terminals CEO…

COSCO says Piraeus to be among top 30 ports by 2018

China’s biggest shipping company, COSCO Shipping, plans to ramp up container volume at Greece’s biggest port…

Europe’s offshore wind industry eyeing Atlantic crossing

Yield-hungry investors in the offshore wind market are switching their sights to the United States as…

Stimulating export as economic diversification strategy

The Non-Oil Export Stimulation Facility (ESF) was established by the Central Bank of Nigeria (CBN) to…