Smuggling has wreaked havoc on Nigeria’s economy- Customs

The Nigerian Customs Service (NCS) has bemoaned the incessant activities of smugglers across the nation’s borders;…

Maersk recaptures world’s largest container record with Madrid Maersk

The record for the world’s largest containership has been broken again with the delivery of the…

India’s dockworkers plan nationwide strike

India’s labour unions, representing dockworkers employed at major ports, have announced an indefinite nationwide industrial action…

Somali security forces free Indian crew 

The crew of the Indian cargo ship that was taken by Somali pirates on April 1st have…

PENGASSAN pickets GE over unpaid salary

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday picketed General Electric…

Global economic recovery gaining momentum – IMF

International Monetary Fund (IMF) Managing Director Christine Lagarde said on Wednesday global economic recovery was gaining…

NNPC reduces trade deficit by 16%

The Nigeria National Petroleum Corporation (NNPC) has reduced its trading deficit to ₦14.26 billion by January…

Why Nigeria experienced N290bn trade deficit in 2016 – NESG

The Nigerian Economic Summit Group (NESG) has given an insight into why Nigeria experienced trade deficit of…

Container carrier giants end 2016 in red, says Alphaliner 

Despite the freight rate improvements that followed the collapse of Hanjin Shipping in late August, the…

Sewol transferred to land, search for remains to start

The Sewol wreck has finally been moved into a dry dock at the South Korean Port…

Three killed after migrant boat sinks off coast of Spain

Three migrants from sub-Saharan Africa were killed when their boat capsized in the Mediterranean, but the…