DP World may develop port in Somali region

The government of Somalia’s semi-autonomous region of Puntland may award a concession to DP World Ltd.…

Daewoo Shipbuilding CEO to step down if shipbuilder can’t turn profit

Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step…

Tianjin port development improves profit on higher volumes

China’s Tianjin Port Development Holdings has improved its annual net profit on the back of increased…

IMF report threatens FG’s $1.14bn foreign loan quest

Nigeria’s quest to borrow about $1.4 billion from international finance institutions may be under threat as…

Should Customs Comptroller General – Hameed Ali wear uniform?

The Customs service is an organisation that thrives on discipline and that is why it is…

Hameed Ali, Customs and the Senate

Following cacophony of angry voices that trailed the Nigeria Customs Service (NCS) policy on duty payments…

What’s luring pirates back into a major shipping channel?

Struggling to push his small fishing boat out to sea, Hassan Yasin grumbles over what he…

How to sail aboard world’s biggest megayacht

It takes a lot of good business to be able to afford a megayacht. But owning…

Naira Gain: Bureau De Change operators lose N130m

The President, Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has said…

IMF says Nigeria needs urgent reform-Document

The International Monetary Fund (IMF) is expected to warn Nigeria its economy needs urgent reform, according…

Somali pirates take over Somali vessel to use as mothership – Police

Somali pirates have taken over a small Somali boat to use as a base to attack…

Community asks Obiano to intervene in alleged illegal sale of airport land

Some indigenes of Oba in Idemili South Local Government Area of Anambra have called for the…