An Ikeja High Court on Wednesday adjourned the trial of Opeyemi Ajuyah, a fuel subsidy fraud…
Category: News
Lawmakers angry over Conoil, Oando N7.6b debt to PPMC
The House of Representatives has identified absence of defined penalties for default payment for products procured…
Nigeria earns $43m from gum arabic export
The Federal Government has earmarked N263m to boost the production and export of Gum Arabic as…
Maersk Line to divert ships from Algeciras due to strikes
Danish shipping giant Maersk Line has decided to divert vessel calls from the Port of Algeciras…
Wilbur Ross sworn in as U.S. Commerce Secretary
Billionaire investor Wilbur Ross was sworn in as U.S. commerce secretary on Tuesday after helping shape…
Demand for Iranian crude shipments doubled since sanctions lifted
Foreign demand for Iranian crude has more than doubled since sanctions against Iran were lifted early…
Hyundai Merchant forms alliance with smaller local rivals
Hyundai Merchant Marine Co., a major South Korean shipping line, and two local shipping firms Tuesday…
America set to export first LNG on behalf of Canada
A year after shipping its first cargo of shale gas overseas, the U.S. is looking to…
Longshoremen call off strike, seek audience with congress
The International Longshoremen’s Association (ILA) urged its members not to stage any strikes as the union…
Bumi Armada hit with $247m impairment on OSV fleet value
Malaysian oil and gas company Bumi Armada was the latest to take a hit from poor…
Clarksons: Product tanker fleet enters moderate growth era
Product tanker orderbook has dropped to its lowest level in nearly 17 years as it was equivalent…
Oman’s oil exports to China fall 30% in January
As the sultanate cut its oil output from January to comply with a deal between OPEC…