The International Monetary Fund (IMF) on Thursday urged Nigeria to step up its economic reform efforts…
Category: News
Nigeria’s oil production cost drops by $43/barrel in 3 years
The cost incurred to produce a barrel of crude oil in Nigeria has declined to $27…
Lawmaker condemns alleged importation of ‘Indian garri’
A member of the Osun House of Assembly, Olatunbosun Oyintiloye, has condemned the alleged importation of…
Vietnam sentences two shipping executives death for corruption
Two former executives from Vinashin Ocean Shipping (Vinashinlines) have been sentenced to death for corruption, while…
Damen to sack 150
Damen Shiprepair & Conversion (DSC), part of Dutch Damen Shipyards Group, plans to lay off around 150…
Hyundai Heavy workers stage first all-out strike in 23 years
Unionized workers of South Korean shipbuilding company Hyundai Heavy Industries (HHI) organized a strike on Thursday…
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…