EFCC to arraign Tompolo, Akpobolokemi, others today on fresh charges of stealing N34bn

Barring any last minute changes, the Economic and Financial Crimes Commission (EFCC) will today arraign a…

Nigeria is under severe economic stress – IMF boss

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, said on Tuesday that Nigeria…

CBN forex policy responsible for declining production, says manufacturer

DAG Motorcycles Industries Limited, producer of Bajaj motorcycles and three-wheelers in Nigeria, has blamed the foreign…

Master mariner calls for urgent review of Cabotage Act

President, Nigerian Association of Master Mariners (NAMM), Captain Ade Olopenia has called for the review of…

10 U.S. sailors detained by Iran freed

The 10 American sailors captured by Iran have been freed, U.S. and Iranian officials said. The…

173kg of cocaine seized on boxship in Mexico

Mexican navy in coordination with the Tax Administration Service, seized a total of 173.17 kg of cocaine…

Mission to Seafarers expresses ‘anguish’ at Seaman Guard Ohio sentences

The Mission to Seafarers (MtS), which has been supporting the crew of the Seaman Guard Ohio,…

Port of Singapore offers additional savings to container carriers

The Maritime and Port Authority of Singapore (MPA) will be granting an additional 10 per cent…

Greece wants better offer for Piraeus port from Cosco

China’s Cosco Pacific has emerged as the only bidder for the Greek government’s 67% stake up for…

Hard times for containership lessors

The seven publicly listed pure containership leasing companies lost 48% of their market value in 2015,…

We investigated NIMASA for 10 months before arresting Akpobolokemi, others – EFCC boss

Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has said that he is…

New Customs controllers assume duties, pledge improved revenue

The new Customs Area Controllers recently redeployed to the various commands by the management of the…