Ships & Ports

Nigeria winning war against sea pirates – Navy

The Chief of Naval Staff, Vice-Admiral  Ibok-Ete Ibas,  says the navy has reduced incessant attacks on merchant ships by pirates on the nation’s territorial waters....

ndlea - customs

N2bn cocaine seizure: How building materials company imported the illicit drug-NDLEA

The National Drug Law Enforcement Agency (NDLEA), has confirmed that the substance found in a container imported by an Ikeja-based multinational roofing materials...

Armed men attack migrant boat, kill four

Armed men have attacked a boat carrying migrants off Libya, leaving at least four dead and 15 missing, German NGO Sea-Watch said Friday. The assailants arrived aboard a...

Aviation crisis: Plane crashes imminent – Senate warns

The alert followed a motion tagged “Disturbing Development in the Nigerian Aviation Industry” by Sen. Dino Melaye. Contributing to the motion, the Minority Leader,...

Aviation: Airbus Group to open office in Nigeria

The efforts of the current administration in the aviation sector have received a boost with the coming in of Airbus Group of France to set up an office in Nigeria. The...

OPEC, UN harp on economic diversification of oil producers

  United Nations Framework Convention on Climate Change (UNFCCC) and Organisation of Petroleum the Exporting Countries (OPEC) has identified economic...

shell

$406.7m crude oil theft: Court fixes date for FG’s suit against Shell

A Federal High Court in Lagos on Thursday fixed Dec. 8 for the hearing of a suit filed by the Federal Government against Shell Western Supply & Trading Ltd over...

Kayode Fayemi

FEC approves N30bn intervention fund for mining

  The Federal Executive Council (FEC) on Wednesday approved a sum of N30 billion as intervention fund for the mining sector. The Minister of Mines and Steel...

CBD

Nigeria still Africa’s Biggest Economy – IMF

Latest estimates by the International Monetary Fund, (IMF) has shown that Nigeria remains the biggest economy in Africa, followed by South Africa and Egypt. The estimate...

militants

JTF kills 7 suspected militants in Niger Delta

The Joint Military Task Force (JTF) in the Niger Delta, Operation Delta Safe, said on Wednesday that it had killed five suspected militants and two pirates in the last...

Recession: Emirates, Kenya Airways suspend Abuja operations indefinitely

Emirates Airlines will suspend Abuja-Dubai operations beginning October 30, 2016. The decision is due to foreign exchange hurdles, low patronage, and other operational...

suspected-oil-thieves

Navy arrest 25 oil thieves

The Nigerian Navy has arrested 25 suspects for illegal bunkering activities in the Niger Delta. The 25 suspects were arrested in different locations in Akwa Ibom, Delta...