Due to insufficient workload, South Korean shipbuilder Hyundai Heavy Industries (HHI) has been faced with over…
Category: News
Death tolls rise to 41 in two Brazil boat wrecks
The death toll from two separate ferry wrecks in Brazil surged on Thursday, with a total…
Seadrill decides on Chapter 11 bankruptcy Sept 12
Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt restructuring by Sept. 12, aims to…
North Korea’s trade with China hit by sanctions
China’s imports from North Korea slowed in July while its exports to the sanctions-hit country dwindled…
CMA CGM very large boxship makes record breaking Panama Canal transit
The 14,863 teu CMA CGM Theodore Roosevelt on Tuesday became the largest vessel to transit the new locks,…
Iraq detains bulker after deadly collision
At least four people died and seven are reported missing after the 48,200 DWT bulker Royal…
Buhari signs treaty to extradite, prosecute Nigerians who launder money in UAE
President Muhammadu Buhari has signed an agreement with the United Arab Emirates (UAE) that will strengthen…
Top quotes of the day
“We have shown in Nigeria that whatever problems we have, we can resolve them.” Vice President…
CBN to offer liquidity support to boost Islamic banking
Nigeria’s central bank said on Thursday it is setting up two financial instruments to provide liquidity…
Eight Nigerians arrested in Malaysian drug raids
A Nigerian student has been arrested by Malaysian security operatives after illicit drugs were discovered in…
Smuggling: Rice Millers want Customs to set up intelligence department
The Rice Millers Association of Nigeria (RIMAN) has called on the Nigeria Customs Service (NCS) to…
Korea to assist Nigeria with implementation of ERGP
The Republic of Korea on Thursday reiterated its commitment to assist Nigeria to accelerate implementation of…