Ships & Ports

UN evacuates migrants trapped by Tripoli clashes

Nigeria deports 792 illegal immigrants

The Nigeria Immigration Service (NIS), Cross River Command, says it has repatriated no fewer than 792 illegal immigrants to their countries and rescued 65 trafficked...

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Family of boat driver killed by JTF operatives demand justice

The family of a boat driver who died in a fatal shooting by suspected operatives of the Joint Military Task Force (JTF) in the Niger Delta, Operation Delta Safe, have...

Commission okays Norway's $1tr wealth fund oil stocks investments

Oil prices rise as OPEC output cuts drain stocks

Oil prices rose on Tuesday on evidence the global market was tightening as lower production by OPEC and other exporters drained stocks. Meanwhile, an increase in...

lagos rail line

Railway frustration forced Dangote to assemble trucks – Ameachi

Minister of Transportation,  Chibuike Ameachi, Tuesday, said the decision of Aliko Dangote to set up a $100 million trucks assembly plant in Lagos was born out of...

trump

War brews as Trump threatens China over South China Sea

    President Donald Trump and his aides are sabre-rattling on South China, vowing to prevent China from taking over territory in international waters in the...

Banks to loan manufacturing, agric sectors at 9% interest

Textile workers shut down Ikeja Electric over factory disconnection

Members of the National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) on Tuesday picketed the corporate head office of Ikeja Electricity...

CBD

Nigeria’s economy will grow in 2017 – Expert

An economic expert, Prof Uche Uwaleke, says he is optimistic that Nigeria’s economy will be ‘out of the woods’ this year. Uwaleke, the Head of Banking and...

Textile companies in Nigeria have decried the increase in cost of raw materials, saying it, has affected the level of production.

Manufacturers urge CBN to release N50bn textile intervention fund

The Nigerian Textile Manufacturers Association (NTMA) has urged the Central Bank of Nigeria (CBN) to expedite the release of the pending N50 billion intervention fund to...

NAMA pledges training support for NAF personnel

The Nigerian Airspace Management Agency (NAMA) has pledged to continue to support the Nigerian Air Force in the training of critical manpower, especially in the area of...

Petrol still retails at N145 per litre, says PPPRA

Reps fault N145 fuel pump price, accuses PPPRA of fraud

Members of the House of Representatives said on Monday that the current pricing template set for premium motor spirit by the Petroleum Products Price Regulatory Agency...

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2017 budget will increase spending in productive sector – SEC DG

The Director-General of the Securities and Exchange Commission (SEC),  Mounir Gwarzo, has said that the Federal Government’s 2017 budget is aimed at increasing the...

FG to boost electricity production with two hydro stations

The Federal Government has concluded plans to boost electricity generation in the country with two small hydro power plants capable of adding 2000KW of electricity to...