Ships & Ports

nigeria customs

War on smuggling: Customs invades Lagos markets for smuggled rice

Men  of the Nigeria Customs Service have stormed some markets in Lagos in search of smuggled rice leading to the seizure of about six trailer load of rice from shops...

Insector-General of Police

Italy budget’s N34bn for police border patrol training

  The Italian government has budgeted €100m (N34, 860, 137,500) for the training of Nigeria Police special border patrol units. The money would be provided...

Nigeria request Germany’s assistance on oil theft

  President Muhammadu Buhari has requested  Germany’s assistance to help curb crude oil theft in Nigeria.The president wants Germany’s assistance in provision...

kemi-adeosun

Federal Government concludes plan to set up DBN with $1.3bn

  The Federal Government has reached agreement with the World Bank Group and other development partners for the release of 1.3 billion dollars for the take-off of...

kemi-adeosun

Multinationals must pay fair tax, says Adeosun

    The Minister of Finance, Mrs Kemi Adeosun, on Friday urged G-24 countries to back Nigeria’s agitation for multinational corporations to pay fair share...

Economic recession: IMF offers, others zero-interest loan to Nigeria, others

The Managing Director, International Monetary Fund (IMF), Christine Largade, said IMF is prepared to lend money to Nigeria and other countries facing economic crisis at...

national_assembly_building_

National Assembly invites Buhari over recession

  The National Assembly has invited President Muhammadu Buhari to brief a Joint Session of the Assembly on steps being taken to steer the nation out of recession....

Navy confiscates 19,200 litres of adulterated diesel

The Nigerian Navy Ship, NNS Jubilee, Ikot Abasi; Forward Operating Base, Ibaka, and Naval Outp ost, Ikuru, Akwa Ibom State, have impounded two wooden Cotonou boats with...

national_assembly_building_

PIB: Senate to fast-track passage, other bills

The Senate has resolved to prioritize and fast-track the passage of the Petroleum Industry Bill, PIB, and other bills capable of contributing to the quick recovery of...

amaechi

FG ready to ratify Rotterdam rules

  The Minister of Transport, Rotimi Amaechi has said the federal government is set to demonstrate its resolve at improving foreign trade between Nigeria and other...

FG bars states owing salaries from accessing Paris Club refund

FG to budget N6.8tn for 2017

    The Federal Government has estimated to spend about N6.812tn as its budget for 2017. The figure is about 13.3 per cent or N806bn above the N6.06tn...

Costamare signs up new financing deals

Since the beginning of 2016 the Athens-based containership owner Costamare Inc. has completed debt financing transactions of over USD 760 million, according to the...