Nigeria improves to 145th position in World Bank’s “Doing Business” report

    Vice President Yemi Osinbajo has said that he is delighted  at the World Bank’s latest “Doing…

Woman bags 10 years jail for cocaine trafficking

A Federal High Court in Lagos, on Tuesday convicted and sentenced a 56 year-old woman, Modinat…

Armed pirates board tanker off Indonesia

By Jite Eriabie  Five pirates armed with knives boarded an oil tanker, identified as GP T2, on…

MOL records 18% drop in first half profit 

By Jite Eriabie  Japan “big three” shipowner Mitsui OSK Lines (MOL) reported a half-year net profit…

FG rakes in N797bn VAT revenue in 10 months

  The Minister of Finance, Kemi Adeosun, on Tuesday in Abuja disclosed that revenue from Value Added…

K Line books H1 profit 

By Jite Eriabie  Japanese shipping company Kawasaki Kisen Kaisha (K Line) has posted a profit of JPY…

Canadian introduces law on wrecked, abandoned vessels

By Jite Eriabie  The Canadian Government has introduced legislation that would add additional pressure on shipowners…

Half of 2017 new orders stuck in shipyards 

Some 50% of the newbuilding orderbook due to be delivered this year is yet to do…

South Africa’s trade surplus narrows in September as exports fall

South Africa’s trade surplus eased to 4 billion rand ($283 million) in September from a revised…

Buhari appoints NIWA MD, Boss Mustapha as new SGF 

  President Muhammadu Buhari has appointed the Managing Director of National Inland Waterways Authority (NIWA), Boss…

Passengers stranded as airlines delay, cancel flights in Lagos 

Agency Report  Flight delay and cancellation affected many passengers at the Lagos airport on Monday, with…

Don’t lift ban on rice importation, farmers tell FG

  The Chairman of Rice Farmers in Daura, Katsina State, Alhaji Jamilu Ibrahim, has called on the…