Ships & Ports

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...

Patrick akpobolokemi, ex-DG NIMASA

How Akpobolokemi, ex-army general diverted N1.8bn NIMASA funds – Witness

A banker, Teslim Ajuwon, on Tuesday narrated to a Federal High Court in Lagos how a former Director-General of the Nigerian Maritime Administration and Safety Agency,...

CBD

‘Nigeria’s GDP to hit $1.45 trillion by 2030 on reduced corruption, effective policies’

Despite the prevailing economic challenges which the country is undergoing, latest report by PricewaterhouseCoopers (PwC) on the nation’s future has projected that...

nimasa

N3.4b theft at NIMASA: EFCC leads more evidence in Akpobolokemi’s trial

An Economic and Financial Crimes Commission (EFCC) witness, Mr Kanu Idagu, on Monday told a Federal High Court in Lagos how some committees were set up at...

Aliko Dangote

Crude oil will not go back to $80 per barrel-Dangote

  President of the Dangote Group, Alhaji Aliko Dangote, has said he supports a low crude oil price regime, stating that if the price of the commodity improves,...

Container port

28 ships laden with petroleum products, food items, to arrive Lagos

Twenty eight ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Oct. 17 to Nov. 5, 2016...

EFCC Akpobolokemi

EFCC details how NIMASA’s ex-DG spent N2.6bn on bullet-proof car, rent

The Economic and Financial Crimes Commission on Friday brought before a Federal High Court in Lagos the receipt of a bulletproof car allegedly bought by a former...

standards-organisation-of-nigeria-son

Do not buy manufactured products without SON certification – official

The State Coordinator, Standards Organisation of Nigeria (SON) in Jos; Plateau State, Mr Musa George, has advised the general public to stop purchasing manufactured...