The world’s second-largest shipbuilder has split itself into four companies, a move that would facilitate a…
Category: News
China says Silk Road plan is not tied to presidency
China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become…
South Korea’s big three return to the scene
South Korean big three shipbuilders, Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding…
ICTSI books higher earnings in first quarter
Manila-based International Container Terminal Services, Inc. (ICTSI) has posted improved results for the first quarter of…
Tanjung Priok port workers plan strike next week
Fresh from handling its largest container vessel recently, Indonesia’s Tanjung Priok is facing the prospect of…
Court orders flogging of gas cylinder thief
A Karmo Grade 1 Area Court, Abuja, on Wednesday ordered that Ibrahim Bala should be given…
‘Nigeria to save $380m through local production of pipeline valves’
The Managing Director, IronWeaver Ltd., Ada Obua, said that the company would be saving Nigeria $380m…
West Africa Crude: Saturno loadings delayed, trading limited
A technical fault delayed loadings of Angola’s Saturno crude oil. While there was little fresh trading,…
We must eliminate 41 items to achieve forex rate convergence – Soludo
Former Central Bank’s governor, Professor Charles Soludo, has called for the complete elimination of the “41…
FG tasks Customs, NAFDAC others with GMO detection
The Federal Government has tasked the Nigerian Customs Service (NCS), National Agency for Food and Drugs…
FEC approves trade negotiations office for Nigeria
To streamline trade negotiations between Nigeria and other countries, the Federal Executive Council (FEC) has given…