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…

Pope Francis urges peace, understanding for migrants

Pope Francis on Monday used his New Year homily to urge peace and understanding for migrants and refugees.…

South Korea seizes second ship suspected of supplying oil to North

South Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to North Korea…

China denies selling oil to North Korea

China on Friday denied reports it has been illicitly selling oil products to North Korea, after U.S. President…

Has 2017 been a good year for you?

No, because so many hopes were raised but at the end nothing to show for it…