7 truck drivers, hairdresser in court for breach of peace in Apapa

Seven truck drivers and a hairdresser were on Tuesday arraigned before an Apapa Magistrates’ Court for…

Lagos begins channelisation of ferry routes

The Lagos State Government on Tuesday said it has embarked on the channelisation of 30 routes on…

Maersk Line reports profit despite cyber attack

By Jite Eriabie  Maersk Line reported a net profit of $220m in the third quarter, compared…

CMA CGM to power 22,000 TEU containerships with LNG

By Jite Eriabie  French shipping major CMA CGM Group has unveiled the decision to equip its…

NDLEA arrests policeman escorting Indian hemp vehicle 

The National Drug Law Enforcement Agency (NDLEA) says it has arrested a mobile police officer (name…

Aviation unions maintain stand against concession of airports

The leadership of major aviation workers union has reiterated their stance against the plan by the…

Osinbajo decries long budgetary processes, says won’t turnaround economy

Vice President Professor Yemi Osinbajo says spending nine months on different budget-related processes before projects are…

ICS optimistic about zero carbon shipping

By Jite Eriabie  The International Chamber of Shipping (ICS) has a vision of zero CO2 emissions from…

U.S. aircraft carriers to stage drill as Trump visits Asia

Three U.S. aircraft carrier strike groups will exercise together in the Western Pacific in the coming…

Maersk requires three more approvals to close Hamburg Süd acquisition 

By Jite Eriabie  Maersk Line has received clearance for its acquisition of German liner company Hamburg Süd in…

Indonesia’s Pelni to buy six secondhand containerships for $37m

By Jite Eriabie  Indonesian state-owned line Pelni will spend IDR500bn ($37m) on purchasing six secondhand feeder…

VAIDS: Tax havens no longer offer protection- Adeosun

The Minister of Finance, Kemi Adeosun, has called on Nigerians to review any existing tax planning schemes, including…