Amaechi: Govs asked Jonathan to share oil savings because he was mismanaging it

The Minister of Transportation, Rotimi Amaechi, says governors demanded the sharing of money from the Excess…

Nigeria’s Economy Likely To Shrink 1.3 Per Cent In 2016 – NBS

The National Bureau of Statistics (NBS) has said Nigeria’s economy is likely to shrink by 1.3…

Reps revisit controversial $1.1bn Malabu oil deal 

An ad hoc committee of the House of Representatives on Wednesday reopened investigation into the controversial…

Customs impounds 117,034 bags of rice worth N774m 

The Nigeria Customs Service (NCS), impounded  117,034 (50kg) bags of rice with duty paid value of…

Navy intercepts boats with adulterated diesel

Officers and men of the Nigerian Navy Ship (NNS) Jubilee in Ikot Abasi, Forward Operating Base, FOB Ibaka and Naval…

Chinese investors to pump $70bn into Nigeria’s petroleum sector – Kachikwu

The Minister of State for Petroleum, Dr Ibe Kachikwu, on Wednesday said Chinese private sector companies…

Apapa Customs exceeds monthly target, collects N33bn for September

For the second time in two months, the Apapa Command of the Nigeria Customs Service has…

Aviation workers protest concession of Nigerian airports

Trade unions in the aviation sector on Wednesday staged a peaceful protest at the Murtala Muhammed…

Piracy on the decrease but threat still there – Report 

Incidences of Piracy in the Gulf of Guinea and Horn of Africa have been decreasing but…

Norway opens first test area for unmanned ships 

Norwegian Maritime Authority and the Norwegian Coastal Administration have signed an agreement for the first designated…

Zim Shipping to defer $115m in payments

Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said…

Shipowners urge IMO to set timeline for reducing GHG emissions 

The world’s national shipowner associations represented by the International Chamber of Shipping (ICS) have urged the…