FG urged to establish dry ports to boost economy

A Kano-based car dealer, Alhaji Jaafar Adam-Jikamshi, has advised the Federal Government to establish dry ports…

300 tonnes of oil spills after Malaysia ship collision

Almost 300 tonnes of oil spilled into Malaysian and Singaporean waters after two container ships collided…

NNPC lists 39 bidders for crude sales for 2017/2018

The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39 bidders for the sale…

Navy arrests barges, destroys illegal refineries in Rivers

The Naval patrol team deployed by NNS Pathfinder has arrested two barges at Taraba Jetty in…

Lagos Assembly passes N813bn budget 

The Lagos State House of Assembly on Tuesday passed the state’s 2017 Appropriation bill of N812.998bn.…

Oil price hits $58.37 as OPEC deal takes effect 

Oil prices hit 18-month high on Tuesday, the first trading day of 2017, buoyed by hopes…

Indonesian ferry fire kills 23, captain arrested 

Indonesia plans to prosecute the captain of a tourist boat for negligence after a fire ripped…

NiMet predicts poor visibility in Nigeria 

The Nigerian Meteorological Agency (NiMet) has warned that poor visibility will prevail over the country in…

Zambia cuts fuel prices

Zambian energy regulator says retail fuel prices will fall from midnight on Tuesday due to subdued…

British Airways to stage 48-hour strike from Jan. 10

Cabin crew at British Airways plan to hold a 48-hour strike from Jan. 10 in an…

Sri Lanka’s CICT hits 2m TEU milestone

Sri Lanka-based Colombo International Container Terminals (CICT) has recorded a 28 percent increase in its yearly…

Korea Development Bank increases DSME stake

The state-run Korea Development Bank (KDB) has increased its stake in the South Korean shipbuilder Daewoo…