NIMASA awaiting ministerial approval for acquisition of 6 sea patrol vessels

The Nigerian Maritime Administration and Safety Agency (NIMASA) is currently awaiting a ministerial approval to proceed…

Nigerian airlines delayed 7,722 flights in 90 days

The Nigerian Civil Aviation Authority (NCAA) has said domestic airlines operating in the country recorded 7,722…

Nearly 700 migrants rescued at sea arrive in Italian port town  

Almost 700 migrants arrived at the Italian port town of Augusta on Monday after being rescued…

Police arrest 18 pipeline vandals, impound two vessels, 20 trucks

The Nigeria Police Force had a break through with constant vandalization of pipelines, destruction of oil…

I longed to go to America – Liberian stowaway

A Liberian, Roy Edward, who smuggled himself on-board a foreign vessel in Lagos, said he has…

CBN grants manufacturers access to $660m

Manufacturing industries in Nigeria have been given access to foreign exchange valued at over $660million in…

Iran to sign gas production deal with France’s Total

Iran will sign a deal with France’s Total on Tuesday for the development of gas production…

Japanese merger could spark second wave of M&As, says Drewry  

Driven by the need to stop the cost competitive advantage of the bigger lines growing, a…

Containership scrapping surges past 500,000 TEU  so far this year – Bimco 

Container ship scrapping has a hit record of over 500,000 TEU with panamaxes accounting for nearly…

Samsung Heavy selling shares to raise fresh funds 

South Korean shipbuilder Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.14 trillion…

Nigerian airlines delayed 7,722 flights in 90 days

The Nigerian Civil Aviation Authority (NCAA) has said domestic airlines operating in the country recorded 7,722…

Minister faults NNPC on petrol price hike

The Minister of State for Petroleum, Ibe Kachikwu, has said that the recent N4 increase in…