Storm closes Liverpool port

UK port owner and operator Peel Ports was forced to close the Port of Liverpool after…

Spanish dockworkers plan nine days strike

Spanish dock workers have called nine days of strikes to protest government plans to allow ports…

Suez Canal Economic Zone eyes $2bn foreign investment

Suez Canal Economic Zone has spoken to a number of British firms as part of an…

London’s Port of Tilbury presses forward with plans for new terminal

The Port of Tilbury, London’s major port, is pressing forward with its plans to build a…

Stricken barge carrier towed to safety off Norway

A 263-meter Comoros-flagged barge carrier named the Tide Carrier is under tow and the ship is…

Nigeria’s oil production cost drops by $43/barrel in 3 years -NNPC

The cost incurred to produce a barrel of crude oil in Nigeria has declined to $27…

IMF urges Nigeria to implement ‘coherent and credible’ economic policies -spokesman

The International Monetary Fund (IMF) on Thursday urged Nigeria to step up its economic reform efforts…

Osinbajo inspects toilets, carousel during surprise visit to Lagos airport

Acting President Yemi Osinbajo inspected toilets and carousel during a surprise visit to the Murtala Muhammed…

CBN to sell $230 million in Forex forwards, intervenes on spot market

The Central Bank of Nigeria (CBN) will auction $230 million in forward contracts on the official…

Alaba market rice sellers express fear after Customs raided Sango

The raid of Sango Ota Rice Garage on Tuesday night by operatives of the Nigeria Customs…

New foreign exchange policy will strengthen naira — CBN

The newly introduced foreign exchange policy by the Central Bank of Nigeria (CBN) will help shore…

Nigerian oil firms emerging stronger competitors – NNPC

The Nigerian National Petroleum Corporation (NNPC) said that Nigerian companies are making giant strides, adding value…