The Central Bank of Nigeria (CBN) on Monday introduced new rules into the interbank foreign exchange…
Author: Ships & Ports
Court orders final forfeiture of N13bn cash seized from Ikoyi flat to FG
Justice Hassan of the Federal High Court sitting in Lagos has ordered the final forfeiture of…
$15bn worth of crude missing in NNPC’s report, Reps insist
The House of Representatives insisted on Monday that crude oil worth $15bn was missing in the…
Equatorial Guinea eyes another two new floating LNG plants, says oil minister
Equatorial Guinea, which is developing Africa’s first deep-water floating Liquefied Natural Gas (LNG) platform, sees scope…
Osinbajo seeks sanctions against banks aiding looters
Acting President Yemi Osinbajo on Monday pushed for sanctions against banks aiding looting of funds from…
Africa losing $80bn annually to illicit financial flows -ex-TI boss
The Chairperson of the International Anti-Corruption Conference Council, Akere Muna, on Monday disclosed that Africa…
Springfountain, Boeing to invest $20bn in Nigerian aviation industry
One of Nigeria’s leading aviation infrastructure firms, Springfountain, and aircraft manufacturers, the Boeing Company USA, have…
Nigeria total debt rises to almost $63 bln by end of March – Debt office
Nigeria’s total debt rose to 19.15 trillion naira ($62.91 billion) as of March 2017, from 17.36…
Blast at China petrochemical plant kills 8, injures 9
An explosion rocked a petrochemical plant in China’s eastern province of Shandong on Monday, killing eight…
NAMA commences implementation of Osinbajo’s Executive Orders
Ahead of the June 8 deadline for the implementation of the Federal Government’s executive orders on…
30 ships carrying petroleum products, food arrive Lagos ports
Some 30 ships laden with petroleum products, food items and other goods are expected to arrive…