British Airways cabin crew will strike for two more weeks in a long-running dispute over pay,…
Author: Ships & Ports
Nigeria says economy to grow a lot; IMF says not so much
Nigeria and the International Monetary Fund (IMF) disagree over how much the economy will grow this…
Nigerian pirates kidnap Moroccan crew
Nigerian pirates have kidnapped five crew members, three of them from Morocco, from a general cargo…
FG grants tax holiday to creative industry
The federal government has granted ‘Pioneer Status’ to the creative industry, in a landmark move aimed…
Adeosun: Why state governments get away with wastage, corruption
Nigeria’s Finance Minister, Kemi Adeosun, on Thursday attributed wastage of resources by state governments to non-compliance…
We will tax first class and business class air tickets-Adeosun
Minister of finance, Kemi Adeosun, says the federal government has signed a policy to tax first…
Oil majors gushing in cash despite cheap crude
The prospect of crude remaining near the current $50 level is no longer a doomsday scenario…
West Africa Crude: Diffs underpinned by strong margins
Sellers remained bullish on Wednesday, offering cargoes at high differentials on the back of strong distillate…
Nigeria’s non-performing loans have doubled since 2015- IMF
The International Monetary Fund (IMF) says non-performing loans across Nigerian banks have increased by more than…
Missing MH370 search team returns to work
A U.S. seabed exploration firm has offered to take on the search for Malaysia Airlines Flight…
Nigeria’s economy to grow 0.8 pct this year, risk remains – IMF
Nigeria is expected to emerge from recession this year, but threats to recovery remained elevated and the economy…
Lagos will become Africa’s third largest economy before I take my boarding pass– Obasanjo
A former Nigerian President, Olusegun Obasanjo, on Wednesday, said Lagos will become Africa’s third largest economy…