Nigeria and eight other neighbouring countries, on the platform of G9, are holding a summit on…
Category: News
8 Indonesians jailed for tanker hijack in Malaysia
Eight Indonesians were sentenced to between 15 and 18 years in prison by a Malaysian court…
EU extends Somali counter-piracy patrols to 2018
The European Union’s naval mission will keep patrolling for pirates off the coast of Somalia for…
Ocean Beyond Piracy saves 26 hostages from pirates
After 4.5 years of captivity, 26 hostages of Somali pirates were released in late October in…
China seizes troop cargo In Hong Kong
Beijing on Friday warned countries against maintaining military ties with Taiwan, after Singaporean armoured troop carriers…
Bank sells off four Hanjin ships
South Korea’s Woori Bank has sold four tankers owned by bankrupt Hanjin Shipping for USD58.6 million,…
Singapore seafarer union offers subsidy for officers hotel accommodation
The Singapore Maritime Officers Union (SMOU) is launching a SGD300,000 ($210,868) scheme to help subsidise hotel…
Havila Shipping avoids bankruptcy with last minute deal
Norway-based offshore services company Havila Shipping says it has reached a last minute deal with all…
NAFDAC docks clearing agent over importation of fake mosquito coils
Lagos, A 38-year-old clearing agent, Yakubu Kabiru, on Monday appeared before a Federal High Court in…
Customs generates over N600bn in 2016 – CG
The Comptroller-General of Nigeria Customs Service (NCS), Hameed Ali, on Monday said the service generated more…
Manufacturers ask CBN to reduce interest rate
The Manufacturers Association of Nigeria (MAN) on Monday said retaining the Monitory Policy Rate (MPR) at 14 per…
Dangote promises to assist FG out of economic recession
Dangote Group has pledged to support the Federal Government and Kano State in exploring key sectors…