Oil prices rise on expectations of output cut extension

Oil prices rose on Monday on a growing conviction that an OPEC-led production cut initially scheduled…

U.S. to test Beijing’s South China Sea claims

The U.S. Navy will still challenge claims by nations like China to exclusive access in the…

Shanghai container volumes up 4.9% in April

The Chinese port of Shanghai has registered higher container throughput in April compared to the year-ago…

Chinese private equity firm to go big on shipping

Chinese firm Kylin Capital, claiming to be the first mover of private equity (PE) in China…

Greek President extends wishes for success to Belt and Road forum

Greek President Prokopis Pavlopoulos extended best wishes for success to the upcoming Belt and Road Forum…

Naira traded at 400 for investors, traders discuss rates

The Nigerian naira traded at about 400 to the dollar in deals for investors on Monday,…

West Africa Crude: Angolan June availability dwindles, Nigerian trade slow

Trade of Nigerian crude was slow with offers not meeting buying interest and uncertainty remained over…

Customs officer commits suicide in Gwarinpa

An Assistant Superintendent of Customs has allegedly committed suicide in Lungu Village, Gwarinpa, Abuja The cause of…

SON opens Seme office

The Standards Organisation of Nigeria (SON) yesterday inaugurated its Seme border office with assurance to intensify efforts…

Export processing facilities will make Nigerian products competitive– NEPC

  The Chief Executive of Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has called for the…

Lekki Free Zone: Lagos invests $4bn on infrastructure

  The Lagos State Government on Monday said that the net value of infrastructure at the…

7.6m cars putting undue pressure on Nigerian roads, causing accidents – Corps Marshal

The Corps Marshal of Federal Road Safety Corps (FRSC), Boboye Oyeyemi, on Monday said the number…