OPEC oil output in December fell from a record high ahead of a deal to cut…
Category: News
Sunken Maersk Supply vessels located off France
A search team has located the wrecks of two Maersk Supply Service vessels which sank during a…
Kano light rail awaits FG approval
Governor Abdullahi Umar Ganduje has said that the Kano light rail is awaiting the approval of…
Indonesia hopeful dwell times at ports can be cut to two days in 2017
Indonesia is hopeful that it will be able to cut dwell times to two days this…
Alphaliner raises fresh hopes for container shipping recovery
Although the container shipping market remains fundamentally imbalanced, the new year brings with it fresh hopes…
Heavy fuel oil spill reaches Australia’s Sydney Harbour
Some 150 litres of heavy marine fuel oil reached Australia’s Sydney Harbour at Gore Bay, Greenwich, following an…
Konecranes completes Terex MPHS acquisition
Finnish manufacturer of cranes Konecranes Plc has completed the acquisition of Terex Corporation’s Material Handling &…
Nigeria posts biggest decline as OPEC output falls
Nigeria recorded the biggest oil production decline among Organisation of Petroleum Exporting Countries (OPEC) members last…
Customs generate N1.60 trn in S/West during my tenure – Edike
Former Customs Zonal Coordinator, Zone “A`, Assistant Comptroller-General Eporwei Edike, said the zone generated N1.60 trillion…
Motorist to be arraigned over FRSC marshal’s death
A motorist, one Arthur Nwankwo, who allegedly hit and killed a Federal Road Safety Corps (FRSC)…
CBN sells 173 billion Naira treasury bills with rates flat
Nigeria’s central bank sold 172.85 billion Naira ($550 million) at its first treasury bill sale of…