Hyundai Merchant Marine on verge of bankruptcy as creditors reject debt rescheduling

Creditors of Hyundai Merchant Marine (HMM) Friday rejected a rescheduling of the troubled shipping company’s debt,…

Liner schedule reliability drops to 12-month low

Liner schedule reliability fell to its worst level in 12 months in February when the average…

How Dakuku Peterside can reposition NIMASA, develop maritime sector – Stakeholders

As he resumes work fully today as Director-General of the Nigerian Maritime Administration and Safety Agency…

Police, Customs kill 11 trans-border bandits

Eleven trans-border armed robbers and their gang leader Tokiwe Joseph alias TK have been killed at the…

Court jails 14 foreigners for illegal oil deal

Justice Ibrahim Buba of a Federal High Court in Lagos on Friday convicted 14 foreigners of…

Importation doesn’t stifle economic growth – IMAN President

Dr Ralph John is President of the Importers Association of Nigeria (IMAN). In this interview, he…

Customs lacks powers to harmonize CEMA, CRFFN Acts – Edike

Zonal Coordinator in charge of Zone ‘A’ of the Nigeria Customs Service (NCS), Assistant Comptroller General…

U.S. investigates MOL ship for oil leaks

The U.S. Coast Guard and California Fish and Wildlife’s Office of Spill Prevention and Response are…

Agbakoba calls for review of maritime policies, quick passage of pending bills

Maritime Lawyer and Senior Advocate of Nigeria (SAN) Olisa Agbakoba has called for an urgent review…

India-Africa bilateral trade hits $72bn

The bilateral trade between India and Africa rose from $30 billion in 2008 to $72 billion…

NNPC, oil firms earn N65bn from gas export

Oil and gas companies operating in Nigeria and the Nigerian National Petroleum Corporation (NNPC) earned about…

NEPC eyes $100b from non-oil sector

The Nigerian Export Promotion Council (NEPC) yesterday said it is targeting $100 billion foreign exchange (forex)…