Somali agrees to free MSC ship that caused internet blackout 

Swiss Mediterranean Shipping Company (MSC) has reached an agreement with the Somali government on the release…

Port of Los Angeles handles record 9.2m TEU in one year 

The Port of Los Angeles handled a record 9.2 million Twenty-Foot Units (TEUs) in its 12-month…

U.S., China trade talks starts on tense note 

Talks between the world’s two biggest economies got off to a tense start as U.S. Commerce…

Taleveras denies lifting oil through Omokore’s company

Taleveras, a Nigerian energy firm, has debunk media reports that it lifted oil from its production…

Kalmar says zero accident port possible

As the port industry strives to make the terminals of the future safe, cost efficient and…

Strong gasoline demand lifts oil, but high OPEC supplies temper gains

Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…

Customs Comptroller-General accuses banks of sabotaging e-auction

The refusal of Deposit Money Banks (DMB) to participate in the recently launched e-auction bidding exercise…

Navy foils attempt to hijack ship in Niger Delta 

The Nigerian Navy has foiled an attempted hijacking of a merchant vessel some 16 nautical miles…

SON seals Samsung for failing to register imported products 

The Standards Organisation of Nigeria (SON) on Tuesday sealed the premises of Samsung West Africa in…

Nigerians spend $5bn on generators annually

The Speaker of House of Representatives, Yakubu Dogara, said it was unacceptable that Nigerians spent $5…

Nigeria eyes top 16 major economies in the world

The Acting President, Prof. Yemi Osinbajo, has said that Nigeria is fast moving toward becoming one…

Gridlock: IPMAN appeals for reactivation of FG depots 

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Federal Government to reactivate…