The Federal Executive Council (FEC) on Wednesday ordered the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu,…
Category: News
Navy tasks DSS on sea pirate network in Rivers
The Nigerian Navy has urged the Department of State Security (DSS) to go after the sponsors of…
EU blacklists UAE, Panama, 15 other tax haven countries
By Jite Eriabie European Union Finance Ministers have adopted the first ever list of tax havens,…
Man dies while working aboard Petrobras drillship
By Jite Eriabie A worker died on board one of the drillships operated by Brazil’s oil…
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…