Nigeria to raise $2.3bn from oil asset equity restructuring

Nigeria plans to raise $2.3 billion (N710 billion) from restructuring its equity in joint venture oil…

Trump presses China on trade, North Korea

By Jite Eriabie  U.S. President Donald Trump pressed China to do more to rein in North…

Zimbabwe earmarks $153m to upgrade airport named after Mugabe

By Jite Eriabie   Zimbabwe will upgrade its main airport at a cost of $153 million in…

PIL takes delivery of two new 11,800 teu ships

By Jite Eriabie  Pacific International Lines (PIL) has taken delivery of another two of its series…

Cyprus seeks IMO Council re-election 

Cyprus is running for re-election to the Council of the International Maritime Organization (IMO) for the…

Japan starts new whaling mission in Southern Ocean

Japan started a new “research mission” in the Southern Ocean as the country sent its fleet to…

Top quotes of the day

“(On Tin Can road), you’ll be lucky to make, in about six to eight hours, a…

Reps to probe Customs import waivers from 2010 till date

The House of Representatives has mandated its committee on customs to investigate the handling of import…

Faulty boats: LASWA gives operators two weeks ultimatum

The Lagos State Waterways Authority says it has given boat operators in the state two weeks…

We recovered $43m from Diezani, says Magu

By Oluwatoyin Amao  Acting Chairman of the Economic and Financial Crimes Commission (EFCC),Ibrahim Magu, on Wednesday…

Fashola: Government has no money to fix Apapa roads 

By Shulammite ‘Foyeku The Minister of Power, Works and Housing, Babatunde Fashola on Wednesday said the…

Bayelsa seaport ‘ll be ready in 2020 – Dickson

  Bayelsa State Governor, Seriake Dickson, has said that the state’s deep seaport at Agge in…