Navy tasks DSS on sea pirate network in Rivers

The Nigerian Navy has urged the Department of State Security (DSS) to go after the sponsors of…

EU blacklists UAE, Panama, 15 other tax haven countries

By Jite Eriabie   European Union Finance Ministers have adopted the first ever list of tax havens,…

Man dies while working aboard Petrobras drillship

By Jite Eriabie  A worker died on board one of the drillships operated by Brazil’s oil…

Mitsubishi Heavy to reorganize shipbuilding business

Japanese shipbuilder Mitsubishi Heavy Industries has announced to reorganize its shipbuilding business with the establishment of…

Loss forecast: Samsung Heavy Industries shares take record dive

Samsung Heavy Industries Co. plunged the most on record in Seoul trading after forecasting surprise losses…

South Sudan owes Sudan $1.3bn from 2012 oil deal – Official

South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute…

Tanzania-Zambia railway halts copper transportation after strike

The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following…

China eyes Greek port investment

Success of Cosco’s investment in Piraeus port has led to China’s macroeconomic management agency actively promoting…

PHOTOS: FEC meeting

Reps demand recall of suspended SEC DG

  The last may not have been heard of the crisis rocking Oando Plc as the…

Nigeria’s population hits 193.3m – NBS

  Nigeria’s population is now 193,392,517 and there are about 11,547,236 vehicles of various types across…

Senate summons NNPC boss over fuel scarcity 

The Group Managing Director of the Nigeria National Petroleum Corporation, Maikanti Baru, is to appear before…