Okonjo-Iweala: You can’t achieve growth if you have forex distortions

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, says growth and development cannot be achieved when a…

UK deports 35 Nigerians

The Government of the United Kingdom on Wednesday deported 35 Nigerians for committing immigration-related offences in…

Court grants ex-NNPC boss Yakubu permission to travel abroad for medical check-up

Ahmed Mohammed, justice of the federal high court in Abuja, on Wednesday granted Andrew Yakubu, former…

Over 30 drown as hundreds fall from migrant boat off Libya

More than 30 people have drowned after about 200 people fell from an overcrowded migrant boat…

ITF seafarers back Spanish dockworkers

The seafarers section of the International Transport Workers’ Federation (ITF) has expressed support Spanish dockers’ unions…

Hapag-Lloyd completes merger with UASC

Hapag-Lloyd and Arab sector peer UASC are focused on speedy integration, Hapag’s chief executive said after…

Maritime Police Command’s AIG retires after 32 years of service

Assistant Inspector-General of Police, Marine Command, Adeyinka Sodipo on Wednesday retired after 32 years in service…

Containership’s transit sets new Panama Canal record

The OOCL France has set a new record as the largest ship to transit the expanded Panama Canal…

Baltic Dry Index sinks to lowest level since March

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell…

Seadrill names new CEO as debt talks progress 

  Seadrill Ltd. jumped as much as 26 percent as the offshore driller controlled by John…

Vessel calls from Oakland to Southeast Asia up by 50% 

The Port of Oakland has assumed a more prominent role in Southeast Asian trade, the port’s…

Ex-NNPC GMD, Andrew Yakubu, gets permission to travel abroad

The Federal High Court, Abuja, on Wednesday granted Andrew Yakubu, former Group Managing Director of the…