N7trn lost annually as 282 ships vanish from ports – Senate, House Reps

Officials of the Nigerian Ports Authority (NPA) have been summoned to appear before the Senate on…

Aviation unions kicks against ministerial directive on fund remittance 

The Association of Nigeria Aviation Professionals and the Nigeria Union of Pensioners, FAAN Branch have rejected…

Nigeria’s annual inflation slows in June, but still above 16 percent

The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June…

Oil theft: Appeal Court upholds foreigners’ jail sentence

The Court of Appeal, Lagos Division, has affirmed the judgment of a Federal High Court, Lagos,…

34 Cameroonian soldiers missing in boat mishap 

No fewer than 34 Cameroonian soldiers from the elite Rapid Intervention Brigade were declared missing on…

Three dead, others missing after cargo ship sinks off Vietnam

General cargo ship VTB 26, carrying 4,700 tons of coal and 13 crew members on board…

Belgium should take frigate out of migration mission off Libya – Minister

Belgium should withdraw its frigate from an EU mission to break up human trafficking networks near…

Oil edges up towards $49, U.S. drilling slowdown supports

Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added…

P&O Ports to operate French port’s container terminal

UAE-based port operator P&O Ports has won a three-year management contract to operate the container terminal in the Port de…

282 vessels disappeared from NPA terminals in six years –Senate panel

The Senate Committee on Customs, Excise and Tariff, on Monday accused the Nigerian Ports Authority (NPA)…

Ex-Wimbledon star Boris Becker loses £100m to Nigerian oil deal

Forty-nine-year-old Wimbledon legend, Boris Becker, has claimed that he lost a huge part of his £100m…

30 ships laden with petroleum products to arrive in Lagos ports

A total of 30 ships laden with petroleum products, food items and other goods are expected…