International Monetary Fund (IMF) Managing Director Christine Lagarde said on Wednesday global economic recovery was gaining…
Category: News
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…
Post-Brexit Customs checks seen as ‘catastrophe’ for UK shipping
The introduction of physical customs checks following Brexit would be a catastrophe for British ports…
Nigeria cenbank says will enable foreign investors to repatriate dividends
Nigeria’s central bank will soon resume selling large volumes of dollars on the spot market and…
Patience Jonathan: Why I withdrew $100,000 from my ‘frozen’ account
Former First Lady, Patience Jonathan, has confirmed that she withdrew some money from her unfrozen Skye…
Arik operated without spare tyres, other essential equipment – AMCON
Nigeria’s largest airline, Arik Air, operated without spare tyres and other important equipment necessary to facilitate…
Why Buhari failed to attend FEC – Lai Mohammed
President Muhammadu Buhari did not attend Wednesday’s federal executive council meeting because the agenda was light,…
Arik Air owes local, foreign creditors N387bn, says AMCON
Assets Management Corporation of Nigeria (AMCON) which took over the indebted Arik, says the airline…