Volumes surge at Port of Long Beach

The US Port of Long Beach handled 8.7 percent more volumes in January 2017 than a…

Loading, unloading at Iranian ports up 9.4% in 10 months

More than 118.87 million tons of goods were loaded and unloaded at ports of Iran during…

Malacca and Singapore Straits traffic hits new high in 2016

Despite the difficult shipping markets in 2016 traffic in the world’s busiest shipping lane – the…

ICPC freezes N6bn SURE-P funds, recovers 124 vehicles

The Independent Corrupt Practices and Other Related Offencs Commission (ICPC) said it has caused the freezing…

Nigeria needs N9.47tn annual investments to bridge infrastructure deficit

The Head of Energy Research, Ecobank Plc, Dolapo Oni, said on Monday that Nigeria would require…

We need credible budget to stimulate economic growth

The President of the Senate, Dr Bukola Saraki, has reiterated the need for the national budget…

OPEC reports big Saudi oil cut, boosting compliance with deal

  Top Organisation of the Petroleum Exporting Countries (OPEC) oil producer Saudi Arabia made a large…

Forcados trunkline attack responsible for Nigeria’s gas supply shortage – NPDC

The scarcity of gas being experienced across Nigeria has been attributed to last year’s incessant attacks…

Victims of Shell oil spill deny receiving relief materials

  The Elembiri community, Gbanraun, Bayelsa, which was affected by the Seibou II oil leak in…

FG to save N15bn from 50% air travels discount

The Federal Government is to save N15 billion annually after signing an with Dana Airlines to…

27 ships laden with petroleum products, food items, to arrive Lagos ports

Twenty seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and…

Arik: 70% of planes grounded, requires N10bn to return – FG

The Asset Management Corporation of Nigeria (AMCON) says it will require over N10 billion to fix…