16 NIMASA staff sacked by Temi Omatseye drag agency before Human Rights Commission

No fewer than 16 staff of the Nigerian Maritime Administration and Safety Agency (NIMASA), sacked by…

Senate moves to unbundle Nigeria Railways Corporation

The Senate Wednesday began the process of unbundling the Nigeria Railways Corporation (NRC). It is proposing…

Seme command seizes 2,131 bags of rice worth N23m

The Seme Area Command of the Nigeria Customs Service said yesterday that it intercepted 2,131 bags…

Military declares war on militancy

The military on Wednesday declared war on the menace of militancy in the Niger Delta, just…

FG bows to labour, appoints Muhammed Buba PPPRA chairman

The Federal Government on Wednesday announced the appointment of Alhaji Mohammed Buba as the Chairman of…

China approves CMA CGM’s acquisition of NOL

CMA CGM yesterday said it had received confirmation that its pending acquisition of Neptune Orient Lines…

Strikes cripple French oil refineries, disrupt shipping

Strikes by French oil sector workers protesting proposed labour reforms spread to all the country’s refineries…

Singapore Exchange in exclusive talks to acquire Baltic Exchange

Singapore Exchange Limited (SGX) has entered into exclusive discussions with the Baltic Exchange Limited (Baltic) regarding…

Bunker fuel prices up 27%

Bunker fuel prices have gradually firmed over the course of this year, in line with the…

Hyundai Merchant Marine creditors accept $570m debt-for-equity swap

Creditors of struggling South Korean shipper Hyundai Merchant Marine Co Ltd have agreed to a 680…

Senate uncovers N447bn scam in import duty waivers

The Federal Government lost N447.4bn to import duty waivers, concessions and grants fraud from 2011 to…

N2.6bn NIMASA Fraud: Patrick Akpobolokemi is sick, fails to appear in court

The ongoing trial of a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA),…