Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state…
Category: News
COSL posts $1.7bn loss on massive impairments
China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly…
Marshall Islands becomes the world’s second largest ship registry
The Marshall Islands has overtaken Liberia to become the world’s second largest ship registry boosted by…
U.S. Navy Commanders accuse Iran of endangering navigation in Gulf
U.S. Navy commanders accused Iran of jeopardizing international navigation by “harassing” warships passing through the Strait…
UK laptop ban on flights to be implemented by Saturday
Airlines impacted by Britain’s cabin ban on electronic devices on flights from some Middle East and…
Suicide: Recovered body of doctor identified by family members
After three days of searching, a combined team of marine police and local divers have recovered…
Black market operators lose as naira trades at N400/dollar
Following the Central Bank of Nigeria (CBN) intervention in foreign exchange, the Naira traded N400 to…
Applicant bags 4 weeks’ imprisonment for stealing
A Gudu Upper Area Court in the FCT on Wednesday sentenced a 32-year-old applicant, Lukman Alhassan,…
Alleged N400m fraud: Metuh asks court to suspend trial
The former spokesman of the PDP, Olisah Metuh, has asked the Federal High Court, Maitama…
Libyan oil output rises to 700,000 bpd after port fighting ends – NOC
Libya’s oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said…
Security guard in court over N2.5m fraud
A 26-year-old security guard, Mohammed Andoka, who allegedly obtained N2.5 million from accommodation seekers under false…