Ships & Ports

Nigerian-Navy

Navy arrests four suspected sea pirates in Niger Delta

The Nigerian Navy on Friday at Masunkiri in Brass Local Government Area of Bayelsa, arrested four suspected sea pirates in the ongoing operations in the Niger Delta,...

pirates robbers

Pirates hold three Russian nationals hostage in Benin

Russia said Thursday that three of its nationals were taken hostage by “bandits” after an attack on a commercial ship off the coast of Benin at the weekend. “As a...

Investors to infuse $3.23bn into mining sector

FG generates over 1Billion naira from mining lease

The Federal Government has disclosed that over one billion naira has been generated in the last one year from the sale of mining leases through the Mining Cadastre...

buhari

Buhari: I am committed to fighting terrorism, corruption and salvaging the economy

President Muhammadu Buhari has said that his administration remains committed to realising the key priorities of securing the country, fighting corruption, and salvaging...

ExxonMobil

ExxonMobil chief engineer killed in blast

A Senior ExxonMobil staff in Eket, has been killed by a blast in the early hours of Tuesday Nov. 24. The deceased was identified as one  G. Okorocha, the Chief Engineer...

Lagos-Chamber-of-Commerce-and-Industry-LCCI

Nigeria, Morocco set to deepen bilateral trade

Nigeria and Kingdom of Morocco are set to improve bilateral trade relations to boost intra-Africa trade volume. Chief Executive Officer, Nigerian Economic Summit Group...

rolls-royce

Job Loss: Rolls-Royce to sack 800 workers worldwide

British engine maker Rolls-Royce said Thursday it was slashing 800 jobs worldwide in its marine business, where its order book is “very weak”. The marine sector...

Standards-Organisation-of-Nigeria-SON

SON seals cement factory over alleged substandard products

The Standards Organisation of Nigeria (SON) in Osun on Thursday sealed a cement factory over alleged involvement in the production of substandard products. The factory,...

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

Crude Oil resumes rise after OPEC cut

Crude Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC’s decision to carry out its first output cut in eight years. The...

kemi-adeosun

Unremitted N450bn: FG orders CBN, SEC, others to produce repayment plan

The Federal Government on Thursday said it had directed the Chief Executives of 31 revenue generating agencies that uneremitted a total sum of N450bn to come up with a...

Marine oil pollution: FG steps up response

The Federal Government has stepped up response against spillage in the marine sector, the Minister of Environment, Amina Mohammed, has said. This, she said, was to...

NDLEA arrests tricycle rider, trader with heroin at MMIA

The National Drug Law Enforcement Agency (NDLEA) at the Murtala Mohammed International Airport (MMIA) on Wednesday in Lagos arrested a commercial tricycle rider and a...