Photo: Osinbajo inaugurates Nigerian Railways concessioning Committee

Vice President Prof. Yemi Osinbajo on Friday inaugurated the Steering Committee on the Concessioning of the…

Export of agric products now enhances Nigeria’s revenue profile, says Customs Comptroller

Deputy Comptroller (Exports) at Tin Can Island Port, Zakari Nasir, has said that export of agricultural…

Shell Nigeria declares second force majeure in three days

The Shell Petroleum Development Company (SPDC) Nigeria today declared force majeure on exports of Bonny Light,…

Maersk Line hit by first half loss of $114m

Maersk Line, the world’s largest container carrier, saw its first half results reversed into the red…

AP Moller-Maersk profits plunged on low freight rates and oil prices

Denmark’s shipping conglomerate AP Moller-Maersk saw its first half profit plunged 87% year-on-year to $342m, impacted…

NPA to commence recruitment soon, MD says present workforce ageing 

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Usman, says the organisation will commence the recruitment…

Rice, wheat, fish import gulps N1tr annually

Importation of rice, wheat, fish and sugar costs Nigeria N1trillion annually, the federal government has said.…

Nigerians spend N1.29trn yearly importing textile materials 

The Nigerian Textile Manufacturers Association of Nigeria (NTMA) has revealed that Nigerians spend N1.29 trillion annually…

NPA to review concession agreement as terminal operators in Calabar rue low cargo volume

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Usman, on Wednesday said that the port…

OPEC certain Nigeria will continue to import petrol

The Organisation Petroleum Exporting Countries (OPEC) has expressed “optimism” that Nigeria will begin to import more…

‘Nigeria export still a far cry’

As volume imports to Nigeria continue to drop forcing some foreign investors to close down shop,…

Ayade assures on readiness to complete Calabar deep seaports

The Cross River State Governor, Professor Ben Ayade, has stated that the proposed Calabar deep seaport…