Importers to receive vehicles at bonded terminals – Customs

The Nigeria Customs Service (NCS) has said it will create bonded vehicle parks and terminals nationwide…

Crude proceeds rose by N22.84bn in Nov – NNPC 

Latest figures from the Nigerian National Petroleum Corporation (NNPC) have revealed that the country’s crude oil…

Panama Canal to reduce booking slots over delays

The Panama Canal Authority (ACP) plans to temporarily reduce the number of booking slots for supers…

Port of Antwerp confirms record annual haul

The Port of Antwerp closed 2016 with a record freight volume of 214,057,529 tonnes in 2016,…

Hong Kong container volumes fall below 20m TEU first time in 10 years

Despite a late push bringing a 14.3% rise in throughput to 1.8million TEU, to produce the…

PHOTOS: Fashola briefs Senators on closure of Abuja airport

Minister of Power, Works & Housing, Babatunde Fashola, on Tuesday January 17, 2017 briefed Nigeria’s upper…

Top quotes of the day

“Importation of petroleum products became unavoidable because there was no regular maintenance of the four government-owned…

Hanjin Shipping soars a day after exchange calls its stock ‘trash’

One day after a Korean stock exchange official called the shares of Hanjin Shipping Co. “trash,”…

30 ships laden with petroleum products, food items to arrive Lagos

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

Buhari reappoints Erediauwa as NDIC director, seeks Senate approval

President Muhammadu Buhari has written to the Senate, seeking the confirmation of his reappointment of  Aghatise…

Subsidy Fraud: Court picks January 26 for hearing on oil magnates’ applications

Justice Lateefat Okunnu of the Lagos High Court, Ikeja, on Wednesday fixed January 26 for hearing…

Senate raises oil benchmark above executive’s, settles for $44.5 per barrel

The senate has agreed on $44.5 per barrel as benchmark price for the 2017 budget, as…