Court begins trial of man for stealing petrol in Apapa

An Apapa Magistrates’ Court sitting in Lagos on Wednesday began the trial of a 35-year-old man,…

CMA CGM to acquire Containerships

French container shipping giant CMA CGM has decided to acquire Containerships, a Finland-based company specialized in…

Maersk appoints Happe new finance chief

Denmark’s A.P. Moller-Maersk Group has chosen Carolina Dybeck Happe as its new Chief Finance Officer. The…

Attackers destroy two oil tanks at Libyan port 

Libya’s Ras Lanuf port has suffered a “catastrophic damage” as it lost two crude oil tanks…

Wilbur Ross denies insider trade in shorting Russia-linked firm

U.S. Commerce Secretary Wilbur Ross denied that he engaged in insider trading when he short sold…

Ship pilot at Port of Corpus Christi dies after gangway collapse

The U.S. Coast Guard is investigating the death of a veteran ship pilot at the Port…

2018 budget: NASS not worried about Buhari’s concerns

The National Assembly has said they are not worried about concerns raised by President Muhammadu Buhari…

EU to slap duties on U.S. imports Friday

The European Commission said on Wednesday it will begin charging import duties of 25 percent on…

Crude oil prices spike ahead of OPEC meeting

Crude oil prices rose on Wednesday, supported by reports of a drop in U.S. commercial crude…

Divers, underwater drone join search for missing ferry passengers

Divers and an underwater drone joined a fleet of rescue vessels on Wednesday in Indonesia’s search…

Botswana alerts WTO of foot, mouth disease outbreak

Botswana notified its trading partners on Tuesday of a suspected outbreak of foot and mouth disease…

Saudi seeks OPEC’s’ support to raise oil output

Saudi Arabia is struggling to convince fellow Organization of the Petroleum Exporting Countries (OPEC) members including…