Ships & Ports

kemi-adeosun

FG records N3.1bn revenue shortfall in 2015

The Fiscal Responsibility Commission (FRA) says the Federal Government recorded a revenue shortfall of N3.1bn at 33.34 per cent of its gross federally-collected revenue...

Saraki

Lawmakers to pass 2017 budget by end of March – Senate President

Nigerian lawmakers aim to pass the 2017 budget by the end of March, the president of the upper house of parliament said on Tuesday. The budget lays out plans to pull...

Somali pirates hijack Aris 13

Somali pirates hijack first commercial ship since 2012

Pirates have hijacked an oil tanker with eight Sri Lankan crew onboard, a Somali official said on Tuesday, the first time they have successfully taken a commercial ship...

Ban on importation of vehicles will increase smuggling - Don

We’ll only seize vehicles without paid duty on inter-state roads- Customs

The Nigeria Customs Service (NCS) says it will only seize vehicles without paid duty on inter-state roads. Joseph Attah, customs acting spokesperson, said on Tuesday....

Ethiopian Air Lands at Kad‎una airport

Ethiopian Airlines transports 960 passengers through Kaduna

The Ethiopian Airlines says it has transported over 960 passengers through Kaduna International Airport in the first six days of closure of Nnamdi Azikiwe International...

Kaduna-Airport 2

Abuja Airport Closure: 1,890 passengers conveyed by road in first 4 days

The Ministry of Transport conveyed 1,432 airline passengers by road from Kaduna Airport to Abuja in the first four days of Nnamdi Azikiwe Airport runway closure. Another...

OPEC seeks stable oil prices - President

OPEC detects ‘high compliance’ with oil cut deal

The Organisation of the Petroleum Exporting Countries (OPEC), said Tuesday oil producers have kept their promise to cut output in accordance with a landmark deal...

court

Alleged N6.8 billion fraud: Bank official testifies against Nigerian ex-aviation chief, others

  An official of Stanbic IBTC Bank, Ade Babatunde, on Monday told a Federal High Court, Lagos how Segun Agbolade, a former General Manager (Finance), Nigerian...

cashew nuts

Nigeria to export processed cashew nuts by 2019 – Ogbeh

The Minister of Agriculture and Rural Development,  Audu Ogbeh, on Tuesday said that Nigeria would start processing its raw cashew nuts for export by 2019. Ogbeh made...

NLNG-Bonny

Bonny NLNG’s gross revenue hits $90b-Baru

  Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru yesterday said the Bonny NLNG is one of the biggest success stories...

Annual inflation rate in developed countries highest since 2014 

Nigerian inflation drops for first time in 15 months

Nigerian inflation slowed for the first time in 15 months to 17.78 percent in February, driven by lower energy and utility prices, the National Bureau of Statistics...