Bimco welcomes extension of EU anti-piracy operation off Somalia  

Shipping association Bimco has welcomed this week’s decision by the EU Council to extend the mandate…

Container terminal operators facing ‘perfect storm’: Drewry

Cash-strapped containers line pushing for lower terminal handling charges are putting future port investment at risk…

Pirates hold three Russian nationals hostage in Benin

Russia said Thursday that three of its nationals were taken hostage by “bandits” after an attack…

Illegal oil depot uncovered in Lagos, Police arrests 8 suspects

The Lagos State Police Command on Thursday uncovered an illegal oil depot located underneath the Oregun-Opebi…

FG generates over 1Billion naira from mining lease

The Federal Government has disclosed that over one billion naira has been generated in the last…

FG audits 33 agencies, may recover N450bn operating surpluses

The Federal Government is set to recover about N450bn operating surpluses that were not returned by…

EFCC seeks Navy’s support in fight against corruption

  The Economic and Financial Crimes Commission (EFCC) has sought the support of the Nigerian Navy…

Maersk Line seals Hamburg Süd deal

World’s largest container carrier, Maersk Line A/S, and the Oetker Group have reached an agreement for Maersk…

Buhari: I am committed to fighting terrorism, corruption and salvaging the economy

President Muhammadu Buhari has said that his administration remains committed to realising the key priorities of…

ExxonMobil chief engineer killed in blast

A Senior ExxonMobil staff in Eket, has been killed by a blast in the early hours…

Nigeria, Morocco set to deepen bilateral trade

Nigeria and Kingdom of Morocco are set to improve bilateral trade relations to boost intra-Africa trade…

Top quotes of the day

  “While there is a drop in the number of vessels calling our ports, there seem…