The Chief of Naval Staff (CNS), Vice Adm. Ibok-Ette Ibas, on Wednesday said the Nigerian Navy…
Category: News
Indonesia wants to buy more crude oil from Nigeria, says Envoy
Indonesia, a South East Asia emerging economy, has indicated interest to purchase more crude oil from…
FG: 12% of N423bn Niger Delta projects executed under Yar’Adua, Jonathan
The Federal Government has revealed that the N423bn projects awarded in the Niger Delta between 2009…
IMF beats own projection, records $2.3bn income in 2017
The executive board of the International Monetary Fund (IMF) after its annual review says the fund…
Nigerian forex reserves fall to $30.49bn
Nigeria’s foreign exchange reserves fell to $30.49 billion as of May 25, the lowest level…
OPEC oil output rises in May as cartel exempts Nigeria
OPEC oil output rose in May, the first monthly increase this year, a Reuters survey…
Japanese shipping giants become ONE
The container businesses of K Line, MOL and NYK will operate under the trade name Ocean…
Hapag-Lloyd to sack 1,300 workers after UASC merger
The completion of the merger between German’s container carrier Hapag-Lloyd with UAE-based counterpart UASC will result in…
Germany’s Rickmers Group set to file for insolvency
German shipowner Rickmers Group is to file for insolvency after HSH Nordbank denied approval…
Climate danger looms as Trump sets to pull out of Paris deal
Donald Trump wasn’t exaggerating when he said during his election campaign that the U.S. could…
French President Macron wants review of STX shipyard sale to Fincantieri
French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent…
Dozens of migrants rescued from burning rubber dinghy off Spain
Dozens of migrants were rescued at the weekend after jumping from a rubber dinghy that had…