MOL unveils major restructuring plan 

Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part…

2018 Budget: Senate blames MDAs, ministers for delay

The Senate on Wednesday asked Nigerians to blame members of President Muhammadu Buhari’s cabinet for the…

Prosecution witness stalls $9.8m fraud trial of ex-NNPC’s GMD

  The absence of prosecution witnesses on Wednesday stalled the trial of former Group Managing Director,…

Court orders final forfeiture of Diezani’s penthouses

A Federal High Court sitting in Lagos on Wednesday has ordered the final forfeiture of two…

Human trafficking: UK budgets £12m to assist Nigerian victims

The United Kingdom says it has set aside £12 million (about N10 billion) to assist victims…

2019 Elections: Ex-CBN deputy governor formally declares for president

  A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, on Wednesday…

Fire erupts at Schlumberger’s Angolan facility

A fire has erupted at the facility used by United States oil services company, Schlumberger at…

Oil prices decline over China’s slow industrial activity

Crude oil prices experienced a decline on Wednesday after data showed industrial activity in some of…

Customs impounds 177 vehicles, other items from smugglers in Lagos

  The Nigeria Customs Service (NCS) says it impounded 177 units of vehicles smuggled in through…

China to build nuclear-powered aircraft carrier

China is developing technologies to build a nuclear-powered aircraft carrier, state media reported on Wednesday, as…

Awolowo gets another four-year term as NEPC boss

The Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has been…

German helicopter crash in Mali caused by wrong autopilot settings- Report

The crash of a German military Airbus Tiger helicopter in Mali last July was caused by…