N45.9bn fraud: We can’t bring Tompolo to court, say Lawyers

Two Lagos-based lawyers, Messrs Tayo Oyetibo (SAN) and Ebun-Olu Adegboruwa, have said it is not their…

IMF calls on Buhari to lift forex restrictions

The International Monetary Fund (IMF) yesterday called on Nigeria to lift foreign exchange curbs and let…

Wike hails Navy’s sustained fight against oil theft

For sustaining the fight against crude oil theft, the Rivers State Governor, Nyesom Wike, has lauded…

Substandard goods down to 30% during my tenure, says Odumodu

The former Director-General Standards Organisation of Nigeria (SON) Dr Joseph Odumodu, has said that one of…

Brazil investigates MOL, eight other lines for price fixing

Nine car shipping companies are under investigation in suspicion of organizing actions characterized as “an international cartel”, according to Brazil’s Administrative…

Confusion looms over succession for Evergreen

The passing of Chang Yung-fa, founder of Taiwan’s conglomerate Evergreen Group, has now left his empire…

Maersk, Vale secure space at Ningbo-Zhoushan

Chinese Ningbo-Zhoushan port and shipping conglomerate A.P. Møller Mærsk Co have signed an agreement to expand cooperation…

South African retailer exits Nigeria over import restrictions

South African retailer, Truworths has pulled out of its Nigerian business citing import restrictions, its chief…

Messina Line withdraws RORO service to Nigeria

Messina Line said it has not withdrawn from Nigeria but only shut a part of its…

How I got NIMASA contract without bid – Witness

The Nigerian Maritime Administration and Safety Agency (NIMASA) allegedly awarded a contract to a businessman, Uche…

Cheap oil killing profits For West African pirates

Crime in the waters around Africa is on the decline, falling significantly in 2015, as West…

Nigeria-China trade volume hits $14.94b

The Nigeria- China trade volume in the last one year hit $14.94 billion, while China’s non-financial…