South Korean shipping company Hyundai Merchant Marine (HMM) has seen a 67% year-on-year rise in its Asia-US volume…
Category: News
Korea’s big three yards land $9.4bn in new orders in first five months
The embattled big three South Korean shipyards struggling to stay afloat amid the shipbuilding downturn are…
Equatorial Guinea eyes another two new floating LNG plants, says oil minister
Equatorial Guinea, which is developing Africa’s first deep-water floating Liquefied Natural Gas (LNG) platform, sees scope…
Osinbajo seeks sanctions against banks aiding looters
Acting President Yemi Osinbajo on Monday pushed for sanctions against banks aiding looting of funds from…
Africa losing $80bn annually to illicit financial flows -ex-TI boss
The Chairperson of the International Anti-Corruption Conference Council, Akere Muna, on Monday disclosed that Africa…
Springfountain, Boeing to invest $20bn in Nigerian aviation industry
One of Nigeria’s leading aviation infrastructure firms, Springfountain, and aircraft manufacturers, the Boeing Company USA, have…
Nigeria total debt rises to almost $63 bln by end of March – Debt office
Nigeria’s total debt rose to 19.15 trillion naira ($62.91 billion) as of March 2017, from 17.36…
Blast at China petrochemical plant kills 8, injures 9
An explosion rocked a petrochemical plant in China’s eastern province of Shandong on Monday, killing eight…
NAMA commences implementation of Osinbajo’s Executive Orders
Ahead of the June 8 deadline for the implementation of the Federal Government’s executive orders on…
30 ships carrying petroleum products, food arrive Lagos ports
Some 30 ships laden with petroleum products, food items and other goods are expected to arrive…
55 government officials, businessmen diverted N1.35tr – Sagay
The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, on Monday said…
Qatar Airways suspends all flights to Saudi Arabia
Qatar Airways said on Monday it had suspended all flights to Saudi Arabia as a major…