U.S sanctions: EU to protect its companies in Iranian

French President, Emmanuel Macron, on Thursday said Europe would try to protect its companies doing business…

Britain to exit EU customs union – May

British Prime Minister, Theresa May on Thursday said Britain would leave the EU customs union after…

Bonny Light crude deliveries delayed -Traders

Shipments of Bonny Light crude, one of Nigeria’s major sources of oil revenue, are experiencing delays…

2018 Budget: LCCI commends NASS for crude oil benchmark hike

The Lagos Chamber of Commerce and Industry (LCCI) has praised the National Assembly for increasing the…

Jetstar Airline bans passenger from flights

A yet to be identified man has been banned from all Qantas and Jetstar flights, for…

Crude oil price hits $80 a barrel

Crude oil prices hit $80 a barrel on Thursday for the first time since November 2014…

Japan buys China-bound sorghum amid trade row

  Japanese buyers have bought between 150,000 and 180,000 tonnes of U.S. sorghum carried by three…

BudgIT lauds NNPC’s strategy to reduce gas flaring

BudgIT, a civic technology organisation, on Wednesday applauded plans by the Nigerian National Petroleum Corporation (NNPC)…

Governors accuses NNPC of false petrol consumption figures

The Nigerian Governors Forum (NGF) has accused the state oil firm, Nigeria National Petroleum Corporation (NNPC)…

MSC stops bookings for Iran

By Reuters The world’s No. 2 container shipping line MSC said on Wednesday it would stop…

IMO gets new member state 

The International Maritime Organization (IMO) has welcomed a new member, the Republic of Nauru. Nauru deposited…

Maersk Line wins Best Global Shipping Line award 

Maersk Line was crowned the Best Global Shipping Line at the 2018 Asian Freight, Logistics &…