British sailor lost at sea in Southern Ocean

An experienced British sailor who fell overboard from a racing yacht in the remote Southern Ocean…

Alphaliner foresees major capacity boost for containerships 

Shipping research firm, Alphaliner has predicted an abundance of new service launches, which will help employ…

COSCO Shipping christens new mega containership

China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. The naming ceremony…

Ajaokuta: Reps pass bills to stop concession

The House of Representatives on Wednesday has passed two bills seeking to stop the concession of…

Med-View Airline rakes in N10.87bn in 2017

An indigenous airline, Med-View Airline Plc, on Wednesday said it recorded an increase of N10.87 billion…

FG earned N557.9bn in revenue in February

The Federal Government earned N557.9 billion ($1.77 billion) in gross revenues in February, up from N538.9…

Clearing agent docked for absconding with client’s car

A clearing agent, Oluwole Afolabi, was on Wednesday docked before an Ikeja Magistrates’ Court for allegedly…

EFCC recovers N2.4 billion, $115 million from ex-Air Force Chief

An Economic and Financial Crimes Commission (EFCC), prosecution witness Tosin Owobo, has said that N2.4 billion,…

RIFAN seeks clear policy direction on rice importation ban

The Rice Farmers Association of Nigeria (RIFAN), Oyo State chapter, on Wednesday urged the Federal Government…

FAAC ends rift, disburses N647bn

The Federation Accounts Allocation Committee (FAAC) on Wednesday distributed N647.39bn to the three tiers of government.…

OPEC seeks long-term supply cuts with other oil exporters

  The Secretary General, Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, has said that the…

PHOTOS: Buhari presides over FEC meeting