Oil prices dip as OPEC nears deal to hike output

Crude oil prices fell on Thursday as crude exporters in the Organization of the Petroleum Exporting…

Libyan forces retake key oil ports

  East Libyan forces on Thursday said they have retaken the shuttered oil ports of Es…

Airline operators laud Buhari over VAT exemption

The Airline Operators of Nigeria (AON), on Wednesday, lauded President Muhammadu Buhari, for the recent signing…

China to slash U.S. oil imports post-September

Until September when it would put plans in motion to reduce future purchases, Chinese oil buyers…

Expert tasks FG on import, export reforms

A maritime expert and President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky…

Police arraign six men for robbery in Apapa

The Police on Wednesday arraigned six men before an Apapa Magistrates’ Court for alleged robbery and…

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…