Ships & Ports

Nigerian-Navy

Navy arrest nine suspected oil thieves, vandals in Delta

No fewer than nine suspected oil thieves and operators of illegal crude oil refining camps have been arrested in the last one week as the Nigerian Navy embarked on...

arik-air

Airlines make N330.59bn from tickets sales in 10 months

The Nigerian Civil Aviation Authority (NCAA) has disclosed that airlines operating in Nigeria realised about N330.59 billion from ticket sales between January and...

CBN

CBN’s Forex policy worrisome – Private sector

The Organised Private Sector has said that the unorthodox foreign exchange allocations system of the Central Bank of Nigeria (CBN) would continue to hamper economic...

DMO to devise green bond issuance programme - Minister

FG asks Goldman, Stanbic to help sell debut “diaspora bond”

The Federal Government of Nigeria has asked Goldman Sachs and the local unit of South Africa’s Standard Bank to advise it on the sale of a debut “diaspora...

Rail line

China Exim bank approves N408bn for Lagos-Ibadan rail project

About a week after the Federal Government announced the release of N72bn as its counterpart fund for the construction of the Lagos-Ibadan standard gauge rail line, the...

Customs-Intercepts-661-Pump-Action-Rifles-In-Lagos-

Customs intercept 661 pump-action rifles in Lagos

The Federal Operations Unit of the Nigeria Customs Service (NCS) on Monday said it intercepted a Mack truck along the Mile 2 Apapa Road containing 49 boxes of...

national_assembly_building_

Reps urge EFCC to investigate Keystone Bank over ITF’s N4bn

    The House of Representatives on Monday urged the Economic and Financial Crimes Commission (EFCC) to commence investigation into an alleged illegal movement...

Rice famers

Zamfara Govt/CBN to give interest-free loans to over 7000 rice farmers

Over 7000 rice farmers in Zamfara State are to benefit from interest-free loans by the state government and the Central Bank of Nigeria (CBN) for the 2017 dry season...

trump

Global equities rocked by Trump immigration ban

Asian and European stock markets sank on Monday with dealers spooked by uncertainty over Donald Trump’s divisive immigration ban, dealers said. The newly-installed US...

OPEC seeks stable oil prices - President

OPEC cuts will not impact Saudi oil supply to Japan -Saudi official

Crude supplies to Japan from its biggest supplier Saudi Arabia will not be impacted by last year’s agreement between OPEC and non-OPEC countries to cut output, a...

shell

UK court blocks Niger Delta pollution claims against Shell

A British court ruled in favour of Anglo-Dutch oil giant Shell on Thursday in a case brought by more than 40,000 Niger Delta residents over spills in the region. The...

FG opposes bail for suspected illegal arms importers

Malabu $1.1 billion scandal: Court orders return of oil block to FG

Economic and Financial Crimes Commission (EFCC), has secured a court order mandating the return of OPL 245 to the Nigerian government. The order was granted by Justice...