Buhari jets off to Ethiopia for AU summit

President Muhammadu Buhari will on Friday depart for Addis Ababa, Ethiopia to participate in the 30th…

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led…

Senate orders NNPC to end petrol scarcity, queues in 7 days

The Senate has ordered state oil firm, the Nigerian National Petroleum Corporation (NNPC) to, within seven days, end lingering…

Fishermen block port of Calais in protest over pulse fishing

French fishermen blockaded Calais on Thursday, halting shipping movements at France’s busiest passenger port and a…

Osinbajo says weaker dollar may not hurt the economy

Vice President Yemi Osinbajo said on Thursday that a weaker U.S. dollar did not necessarily hurt…

Arms importation: DSS denies torturing Customs officer

By John Omoaka Head of Investigation at the Department of State Services (DSS), Wale Odu, yesterday…

Fire engulfs tank farm in Lagos 

The Director, Lagos State Fire Service, Rasak Fadipe, said on Wednesday that there was no casualty…

EFCC arrests former SGF, Babachir Lawal

By Omotilewa Quadri  Former Secretary to the Government of the Federation (SGF), Babachir Lawal, has been arrested…

Fuel scarcity: LCCI urges liberalisation of downstream sector, concession of oil pipelines

The Lagos Chamber of Commerce and Industry (LCCI), has called on the Federal Government to urgently liberalise…

Bilateral trade between China, Nigeria hits $12.3 billion in 2017

The Deputy Chinese Ambassador to Nigeria, Lin Jing says his country’s bilateral trade with Nigeria in 2017 stood…

MSC launches RO-RO service to West Africa

By Jite Eriabie  Switzerland-based container shipping major Mediterranean Shipping Company (MSC) is introducing a new RO-RO…

Somali pirates ditch planned attack on cement carrier

By Jite Eriabie  A cargo vessel was approached by a group of armed pirates on Sunday,…