Lagos releases N1.6bn for Lekki Free Zone, woos investors

The Lagos State Government has released N1.6billion as part of its equity contribution in the Lekki…

NIMASA to undergo massive restructuring, says Peterside

To reposition the maritime sector for greater performance, Director General, Nigerian Maritime Administration and Safety Agency…

Buhari fecilitates with Shonekan at 80

President Muhammadu Buhari has felicitated with elder statesman and former Head of the Interim National Government,…

Lagos Assembly identifies causes of boat mishaps

The ad hoc committee on boat mishaps set up by the Lagos State House of Assembly…

Fire on Maersk boxship after ‘serious collision’ off Ningbo

Maersk Line said the 4,650 TEU Safmarine Meru collided with another container ship, the 8,814 TEU,…

Maersk Oil to axe 40 jobs as low oil price continues to hurt

Denmark’s Maersk Oil will cut 40 jobs in Copenhagen, Aberdeen and Stavanger due to the low…

Militants Attacks: Nigeria’s oil output crumbles to 9-year low

A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to…

Naval rating killed, another missing in boat mishap

Two naval ratings attached to the Nigerian Navy Ship (NNS) Delta, Warri, were yesterday confirmed missing…

Nigeria will soon stop food importation – Minister

The Minister of Science and Technology, Dr. Ogbonnaya Onu, on Friday assured that President Muhammadu Buhari…

Nigerian importers entirely responsible for poor Chinese products – Ortom

Governor Samuel Ortom of Benue state has blamed importers for flooding Nigeria with substandard goods from…

Pipeline vandalism: Osinbajo meets security chiefs, others

Vice President Yemi Osinbajo on Monday night held a closed door meeting with some stakeholders over…

Shipbuilder HHI could close drydocks

HHI announced on Monday it was adding to previously announced 25% cut in management staff with…