The National Bureau of Statistics (NBS) yesterday released the capital importation report for the first quarter…
Author: Ships & Ports
Maersk Group’s quarterly profit down by 86pct
Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD224 million for the first…
Customs seeks Navy’s support to fight smuggling at sea
Zonal Coordinator in charge of Zone ‘A’ of the Nigeria Customs Service (NCS), Assistant Comptroller General…
EU tasks Nigeria on commodity export
The European Union has urged Nigeria to increase export of agricultural produces like rubber, cocoa and…
Nigeria moves up one notch on ease of doing business
Attempts by the Federal Government to improve the ease of doing business have yielded positive results…
Petrol scarcity: NUPENG urges NNPC to sustain distribution tempo
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) yesterday urged the Nigeria National Petroleum…
No recovery for LNG shipping rates until 2018 – Report
Liquefied natural gas (LNG) shipowners will have to wait until 2018 for earnings to improve, when…
UN to inspect commercial shipments to Yemen
The United Nations Security Council has launched an inspection mechanism of commercial shipments to Yemen based…
Navy impounds vessel for illegal bunkering
The Nigerian Navy has impounded a vessel, MT Marina, for illegal bunkering in the Niger Delta.…
How NIMASA project fund was diverted through contractor – Witness
A prosecution witness in the ongoing trial of former Director General, Nigerian Maritime Administration and Safety…
Report: Pirates paid $400,000 ransoms in West Africa
Ransoms of up to $400,000 have been paid to gangs which hijacked ships in the Gulf…
CBN reports further decline in economic activities in April
The Central Bank of Nigeria (CBN) has released the Purchasing Managers Index for April, which indicated…