156 saved after ferry collides with barge off Malaysia

Some 156 passengers and crew were rescued after a Malaysian-flagged ferry Zuhairi collided with a lightless…

Rotterdam dockworkers launch 24-hour strike

The ultimatum given by Rotterdam dockworkers’ union FNV Havens to their employers at the port and…

32 ships laden with petroleum products, foods expected in Lagos

32 ships laden with petroleum products, food items and other goods are expected to arrive Apapa…

Gowon’s son, jailed for importing cocaine into U.S., regains freedom after 22 years

After spending 22 years in a California prison, Musa Jack Ngonadi, the son of former military…

Saraki asks CBN to review forex policy

Senate President Bukola Saraki says the Senate has asked the Central Bank of Nigeria (CBN)to review…

Igbo traders bemoan Buhari’s economic policies, harsh business environment

Igbo traders and businessmen have cried out over what they described as the recent harsh economic…

FG to audit Customs, NIMASA, NPA NNPC, others

The Federal Government has ordered the audit of all revenue-generating agencies in the country in order…

How Nigeria can get out of economic crisis – IMF boss

Director, International Monetary Fund (IMF), Christine Lagarde has asked Nigeria and Nigerians to brace up for…

Military arrests 1,610 Niger Delta pirates in 2015

Nigerian military officials arrested 1,610 pirates, militants and criminals in the Niger Delta region in 2015, maritime…

Ambode receives report on Lekki FTZ crisis

Lagos State government has said all is set for the prosecution of recent civil unrest in…

Cement producers to CBN: Forex policy hurting economy

Cement Producers Association of Nigeria (CPAN) has urged the Central Bank of Nigeria (CBN) to reconsider…

Idle containership fleet up five-fold in 2015, says Alphaliner

The idle containership fleet rose five-fold in 2015 in the face of a difficult market according…