Oil climbs to $53 as Saudi Arabia promises further cuts

Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness…

Navy: Over 2,000 intakes undergoing naval training

The Nigerian Navy says it is currently training over 2,000 new intakes to support other security…

OPEC sees higher 2018 oil demand, points to easing glut

OPEC forecast higher demand for its crude in 2018 on Thursday due to rising global consumption,…

Revenue: Customs Zone B rakes in N14bn

The Assistant Comptroller-General, Nigeria Customs Service (NCS) Zone B, Kaduna, Alhaji Aminu Dahiru, said on Thursday…

Bala Usman emerges VP of International Association of Ports and Harbours

The managing director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has emerged vice-president (Africa Region)…

U.S. Destroyer challenges China’s claims in South China Sea

A U.S. Navy destroyer carried out a “freedom of navigation operation” on Thursday, within 12 nautical…

‘5% approval to accident bureau in best interest of aviation sector’

As controversy over the five per cent approval to the Accident Investigation Bureau from the Passenger…

Afreximbank opens shareholding to investing public

African Export-Import Bank (Afreximbank), says it is opening its shareholding to the investing public with a…

Ali urges clearing agents to stop defrauding nation

Comptroller General of Nigeria Customs Service, Colonel Hameed Ali (rtd) has appealed to clearing agents to…

5 dead, 50 missing as smugglers throw 180 migrants into Yemen sea- IOM

At least five migrants drowned and 50 went missing Thursday when people smugglers forced 180 Africans…

OPEC output rises in July

Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed…

Qatar offers visa-free entry to 80 nationalities

Qatar, isolated by its neighbours in a diplomatic crisis, announced on Wednesday a visa-free entry programme…