Mitsubishi Heavy to reorganize shipbuilding business

Japanese shipbuilder Mitsubishi Heavy Industries has announced to reorganize its shipbuilding business with the establishment of…

Loss forecast: Samsung Heavy Industries shares take record dive

Samsung Heavy Industries Co. plunged the most on record in Seoul trading after forecasting surprise losses…

South Sudan owes Sudan $1.3bn from 2012 oil deal – Official

South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute…

Tanzania-Zambia railway halts copper transportation after strike

The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following…

China eyes Greek port investment

Success of Cosco’s investment in Piraeus port has led to China’s macroeconomic management agency actively promoting…

OPS seek lasting solution to bad port access roads

The Organised Private Sector (OPS) has called on the Federal Government to find a lasting solution to…

FEC orders Kachikwu to end fuel scarcity

    The Federal Executive Council (FEC) on Wednesday ordered the Minister of State for Petroleum Resources,…

Customs impounds 64 smuggled vehicles valued at N1.3 billion in Lagos

The Nigeria Customs Service on Wednesday said it impounded 64 vehicles valued at over N1.3 billion during a…

Another batch of 257 Nigerians from Libya arrive Lagos Airport

Another batch of 257 Nigerians from Libya on Wednesday landed at the Murtala Muhammed International Airport,…

PHOTOS: FEC meeting

Oil falls as rise in U.S. fuel stocks suggests easing demand

Oil fell on Wednesday after a surprise rise in U.S. inventories of refined products that suggested…

NCAA: Nigerian airlines delayed 89 flights daily between July and September

The Consumer Protection Unit of the Nigerian Civil Aviation Authority (NCAA) in a report released on Wednesday…