CMA CGM sells 90 percent stake in Los Angeles container terminal

French container shipping firm CMA CGM said on Monday it had agreed to sell a 90…

US Navy destroyer challenges territorial claims in South China Sea

A U.S. Navy warship sailed near a disputed island in the South China Sea claimed by…

‘Nigeria does not have an aviation industry’

Professor of Aeronautics and Astronautics and Provost, College of Engineering, Kwara State University, Leo Daniel has…

Study: Efficiency of new ships decreasing

The average design efficiency of new bulk carriers, oil tankers and gas carriers was worse in…

Osinbajo signs two bills into law

Acting President, Prof. Yemi Osinbajo, Monday assented to two bill passed by the National Assembly. A…

‘illegal’ arms importation, bribery: FG opposes suspects’ bail

The Federal Government Monday urged the Federal High Court in Lagos not to grant bail to…

West Africa Crude: Angolan mostly sold, Nigerian surplus remains

Angolan crude oil cargoes for August loading were mostly sold after Chinese demand picked up, traders…

Nigerian Airlines lament loss of N5.4b to bird strike incidents

There are indications that Nigerian airlines lose at least $15 million (about N5.4 billion) annually to…

Mixed reactions trail Nigeria’s yam exports

Stakeholders in the agricultural sector have expressed mixed reactions on Nigeria’s new policy to export yams…

Customs launches E-Auction portal as vehicles’ bidding begins

The Comptroller General of Customs, Col. Hameed Ali (Rtd) has launched the Electronic Auction (E-Auction) portal…

NRC to block illegal level crossings in Lagos – Oche

The Nigeria Railway Corporation (NRC) has said that all illegal level crossings within its Lagos District…

Customs yet to know expected revenue from e-auction

The Comptroller-General, Nigeria Customs Service, Col. Hammed Ali (retired) on Monday said that the service was…