China targets 2018 rail investment of $113 billion, lowest since 2013

China’s national railway operator said on Tuesday that the country plans to invest 732 billion yuan…

BP takes $1.5 billion charge over U.S tax changes, joining Shell

BP will take a one-off $1.5 billion charge in its 2017 fourth quarter earnings as a…

Commendation for the capital market

The recent surge of bad news in the Nigerian media space and the sad fuel scarcity…

A review of 2017 and cursory look into 2018

By Lakinbofa Goodluck The New Year is here with so much hope and expectations. Individuals, groups…

ICRC says port concession has worked ‘very well’ for Nigeria 

The Infrastructure Concession Regulatory Commission (ICRC) says Nigeria’s port concession regime has been successful as it…

2018 through the eyes of Nigerian shipowners

We expect the industry to have positive growth. It is nice to know that the Nigerian…

Buhari: We’ll end rice importation, boost rail transport in 2018

  President Muhammadu Buhari on Monday set an ambitious target in his New Year message to end the…

Buhari to commission Kaduna dry port on Thursday

  President Muhammadu Buhari will on Thursday commission the Kaduna Inland Dry Port in Kakuri, Kaduna. A statement…

EFCC: Patience Jonathan’s $15.5m stolen from NIMASA, ONSA

  The Economic and Financial Crimes Commission (EFCC) has told the Federal High Court in Lagos…

Senate blames NNPC, marketers for fuel scarcity

The Senate Committee on Petroleum Downstream has blamed the Nigeria National Petroleum Corporation (NNPC) and marketers…

External reserves hit $38.7bn, rise by 50% in one year

Nigeria’s external reserves, also known foreign exchange reserves, rose by 50 per cent in the last…

Female importer drags manager to court over N2.1m fraud

A female importer of human hair, Wendy Osigwe has dragged a Manager at Ebomid Oil and…