Fuel subsidy fraud: Court adjourns oil marketer’s trial March 8

A Federal High Court Lagos on Thursday fixed March 8 for the continuation of trial of…

Firm included in crude oil trade denies involvement in subsidy fraud

An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…

First freight train arrives in London from China

It is unlikely to challenge large-scale ocean container shipping in the near future, but the first…

UK detains one foreign flagged vessel in December

Maritime and Coastguard Agency (MCA) has informed that one new vessel was detained in a UK…

U.S. Judge approves sale of Hanjin terminal

Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing…

Iran tankers to resume European deliveries

Iran’s tanker fleet is poised to resume direct deliveries to European ports. The 1mn bl Suezmax…

PHOTO: Osinbajo at Davos

L-R: Media Lead of the World Economic Forum, George Schmitt; Vice President Yemi Osinbajo and Minister…

NDLEA uncovers building stocked with multi-million naira cannabis in Ondo

The men of the National Drug Law Enforcement Agency (NDLEA) has discovered a building stocked with…

2017 budget: $44.5 oil benchmark realistic, says expert

A financial expert, on Thursday described the oil price benchmark adjustment by the Senate in the…

Fuel tanker falls off Otedola Bridge

A tanker laden with 33,000 litres of petrol yesterday fell off the Otedola Bridge near the…

Petrol price stands at N145, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has enjoined motorists in Abuja and its environs, and indeed…

Tomato paste manufacturers tackle CBN over FX policy

The Union of Tomato Paste Manufacturers in Nigeria has raised alarm over the danger of the…