African countries should weigh Chinese loans carefully – U.S. Secretary of State

U.S. Secretary of State Rex Tillerson on Thursday urged African countries to weigh Chinese loans carefully,…

PHOTOS: NPA commissions signal station at Calabar port

L-R: Port Manager, Calabar Port, Funmilayo Opotu; Executive Director Engineering and Technical Services of Nigerian Ports…

Indonesia to buy more crude from Nigeria– Official

The Head of Economic Affairs of the Indonesian Embassy, Dwiyatna Widinugraha, on Wednesday said Indonesia was…

Customs seizes N5.7m vegetable oil concealed in petrol tanker

The Nigeria Customs Service (NCS) has arrested two suspects for allegedly smuggling 446 jerry cans of…

Sudden turn caused US naval warship, oil tanker to collide– Report

A sudden turn has been identified as responsible for the deadly collision of U.S. Navy warship,…

Mishap: Buhari orders audit of Dana Airline 

  President Muhammadu Buhari has ordered full audit of the Dana Airlines following the recent near…

IMF says Nigeria vulnerable despite slow exit from recession

The International Monetary Fund (IMF) on Wednesday said Nigeria was slowly exiting recession but remains vulnerable…

US General raises concerns over China’s interest in Djibouti port

The top U.S. general for Africa, Marine General Thomas Waldhauser. told lawmakers on Tuesday that the American military…

Four missing in Maersk containership fire 

By Jite Eriabie   A serious fire onboard the ultra-large containership Maersk Honam in the Arabian Sea…

ICTSI revenue rises on termination of Lekki port concession deal 

By Jite Eriabie  Philippine port developer International Container Terminal Services (ICTSI) posted revenue from port operations of…

Why African countries remain raw material export-based economies  

  By Omotilewa Quadri  Ghanaian High Commissioner to Nigeria, Alhaji Rashid Bawa, has said the African…

Nigerian beans set for export to Europe 

The United Nations Industrial Development Organisation (UNIDO) will begin a pilot export of Nigerian dried beans…