Indigenous participation in oil, gas contracts hits 80 per cent

  The Nigerian Content Development and Monitoring Board (NCDMB) Wednesday said indigenous participation in oil and…

Foreign exchange inflow falls by N678bn

  Foreign exchange inflows into Nigeria fell by N678bn ($3.39bn) between January and June this year,…

El Faro owners hit with second lawsuit over tragedy

  The family of one of the 33 missing crewmembers of the ill-fated El Faro has filed the…

APM Terminals Izmir prepares for 2016 opening

  With the delivery of five Rubber-Tire Gantry Cranes (RTGs) and two Ship-to-Shore (STS) gantry cranes…

Maersk Line planning freight rate hike on Asia-Europe route

  The world’s largest container shipping company, Maersk Line, plans to raise spot freight rates sharply…

Oil chiefs support climate-change pact

  The chief executives of 10 large oil and gas companies have agreed to collaborate on…

India approves maritime transport agreement with Egypt

  India’s Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for…

China to have 30 shipbuilders with no more than 60m dwt yard capacity

  China’s shipbuilding industry is expected to be left with a handful of 30 shipbuilding enterprises…

Manufacturers say 70 signatures required to clear goods at Tin Can, 40 at Apapa

  Manufacturers in the country have said that the process of clearing cargo at the two…

Nigeria, 3 others lost $4bn to shady oil deals – Global Witness

  International transparency group, Global Witness on Monday stated that Nigeria, Angola, Republic of Congo and…

ENL Consortium wins international port development award

  Nigeria’s ENL Consortium made the country proud yesterday on the global scene as the best…

Senate vows to recover N44bn import duty from Stallion, Olam

  Two foreign rice importing firms, Stallion Group and Olam International are owing Nigeria N44 billion…