From a total of 220 ships, which were scrapped in the second quarter of 2018, 169 vessels…
Category: News
Saudi tanker suffers damage in fresh Houthi attack
Yemen’s Houthi movement attacked a Saudi oil tanker in the Red Sea, causing slight damage,…
Containerships sells ship to settle debt
Athens-based boxship owner Diana Containerships has completed the sale of one of its Post-Panamax container vessel…
Repair of Apapa-Oshodi Expressway begins in two weeks, says Ambode
The reconstruction of the dilapidated Apapa-Oshodi Expressway in Lagos begins in two weeks time, Governor Akinwunmi Ambode disclosed on…
AfCFTA: MAN urges FG to ignore pressure, withhold sign-on
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to ignore pressure from…
Customs seizes N199m codeine syrup in Lagos
The Nigeria Customs Service Federal Operations Unit, Zone ‘A’, Lagos has impounded an Iveco truck carrying…
Free Trade Zone operators to get FG’s incentives
Minister of Industry, Trade and Investment, Okey Enelamah, on Wednesday disclosed that the Nigerian Industrial Council…
Oil prices rise over fall in U.S. crude inventories
Crude oil prices rose for a second day on Wednesday after data showed U.S. crude inventories…
EU prepares $20bn retaliatory tariffs on U.S. goods
The European Commission is drawing up a list of $20 billion of U.S. goods to hit…
Dangote arranges $4.5bn financing for oil refinery
Aliko Dangote, Africa’s richest man, has arranged more than $4.5 billion in debt financing for his…
Spain picks up 500 migrants at sea in one day
Spanish rescue services on Tuesday said they had rescued nearly 500 migrants from the Mediterranean in…
Katsina refinery to be completed in 2021 – Kachikwu
The proposed private sector financed oil refinery in Mashi, Katsina State will be completed in 2021,…